Legal Reports

Iran-Azerbaijan Cooperation in the Field of Oil and Gas

The PressTV report on “Iran to swap Azerbaijan's crude oil” on February 27, 2016 included the following explanations: Roknoddin Javadi, who is also managing director of the National Iranian Oil Company (NIOC)... See More ...


Second JCPOA, a Need or a Must

It is reported on the website of the Polymer Industry Media International on March 23, 2016 that in his New Year Message, Iran’s President made the following promise:The government will bring five percent economic growth ... See More ...


TTIP and its Impact on the EU-Iran Trade

In his article on “TTIP: Big business and US to have major say in EU trade deals, leak reveals” (Independent, March 17, 2016) Paul Gallagher explains that: A leaked document obtained by campaign group Corporate ... See More ...


Petroleum Disputes Arbitration Center (PDAC) in Iran

According to Shana.ir on October 15, 2014: Managing director of the National Iranian Oil Company (NIOC) Roknoddin Javadi has said that he thinks an independent arbitration and supervisory .... See More ...


Parliamentary Elections and Internationalization of Business Law

Parliamentary elections in Iran are taking place today. The major stake in this election is the level of opening towards west, culminating in classifying the opponents into two groups: moderates and radicals. See More ...


Internationalization of the Banking Law in Iran

Parliamentary elections in Iran are taking place today. The major stake in this election is the level of opening towards west, culminating in classifying the opponents into two groups: moderates and radicals. See More ...


Electronic Payment Law in Iran, Iyzico or PayPal

It is reported on the website of bloomberg.com on February 15, 2016 (Isobel Finkel: Turkey's Iyzico Beats PayPal to Unlock Iran's E-Commerce System): An Istanbul-based payments startup says it’s signed a deal that smooths the way for companies seeking to follow it into Iran’s $400 billion economy. See More ...


Electronic Payment Policy and Law in Iran, Iyzico v PayPal

It is reported on the website of bloomberg.com on February 15, 2016 (Isobel Finkel: Turkey's Iyzico Beats PayPal to Unlock Iran's E-Commerce System): An Istanbul-based payments startup says it’s signed a deal that smooths the way for companies seeking to follow it into Iran’s $400 billion economy. See More ...


Travel to Iran or the US under the VW Improvement Act

It is reported on the website of bloombergview.com on February 10, 2016 (Josh Rogin: Obama Weighs Looser Rules for Iranian Travelers): As soon as President Barack Obama signed the law last December, removing visa waiver privileges ... See More ...


How to invest in holding companies in Iran

It is reported on the website of tehrantimes.com on February 19, 2014: The Industrial Management Organization of Iran has released the list of 400 leading Iranian companies in terms of sales in Iranian calendar year 1390, which ended on March ... See More ...


Holding Companies Law in Iran and Foreign Investment

It is reported on the website of tehrantimes.com on February 19, 2014: The Industrial Management Organization of Iran has released the list of 400 leading Iranian companies in terms of sales in Iranian calendar year 1390 ... See More ...


Finance and Leasing Law in Iran Case of Airbus

In an interview with Ilna on February 7, 2016, Mr. Ali Sabbaghi, a member of the board of directors of Iran Aseman Airlines explained that: One of the strong points in this contract [with Airbus] is to use ILF (international lease finance) ... See More ...


Domain Name Law in Iran Ben Haim v Iran

According to the Tower Magazine on June 29, 2014: On Tuesday the United States District Court for the District of Columbia issued an order for the Internet Corporation for Assigned Names and Numbers (ICANN) to seize Iran’s internet domain (.ir) ... See More ...


Investment Arbitration Law in Iran Turkcell v Iran

On October 16, 2014, the website of Noodles.com published the Turkcell company’s “Announcement regarding the Arbitration Case in relation to the GSM License Tender in Iran” ... See More ...


Iran-Turkey Oil and Gas Arbitration Cases

Resorting to arbitration in gas and oil disputes is “normal”. The list of oil and gas arbitration cases is long enough to enable arbitration experts to prepare books and booklets on this issue See More ...


Air Transport Law of Iran and Airbus Deal

The air transport of Iran has entered a new era. Very important agreements are signed between Iran and Airbus in order to purchase new Airbus airplanes that will enable the Iranian air fleet to rejuvenate itself after years of using old airplanes ... See More ...


Lifting of the Sanctions on Iran, End of the Beginning!

Churchill once said: “Now this is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning.” The same phrase explains the Implementation Agreement between Iran and P5+1 See More ...


Lifting of the Sanctions on Iran as an End of the Beginning!

Churchill once said: “Now this is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning.” The same phrase explains the Implementation Agreement between Iran and P5+1 See More ...


Financial Channels of Iran During the Sanctions

During the sanctions at least banks of four countries were involved in providing Iran with financial facilities: India, UAE, China and Turkey. Indian banks included UCO Bank branch in Kolkata, and Reserve Bank of India. See More ...


The Visa Waiver Act of 2015 and Migration

The CNN reported on its website (http://www.cnn.com/2015/12/08/politics/visa-waiver-program-house/) on December 8, 2015 that: The House overwhelmingly passed legislation on Tuesday... See More ...


US Sanctions and CBI v Peterson et al

It is reported on the website of thehill.com on December 27, 2015: Senators are considering extending a package of sanctions against Tehran set to expire next year. The sanctions law—known as the Iran Sanctions Act—includes provisions ... See More ...


International Sanctions and Petroleum Law of Iran

The legal system of Iran, especially its international trade law, has been affected by sanctions imposed on Iran either internationally, or by the USA and the EU. These sanctions have forced or encouraged the legislator, the courts ... See More ...


Foreign Investment in Special Touristic Zones of Iran

It is explained on the website of the Organization for Investment, Economic and Technical Assistance of Iran (OIETAI) that: With the goal of capitalizing on the already productive domestic market, Iran’s Cultural Heritage, Handicrafts... See More ...


Rail Transport and Transfer of Technology

It is reported on the website of presstv.ir on January 7, 2016 that: Iran’s media reported on Thursday that Germany’s Siemens has won several deals to develop the country’s railway infrastructure… See More ...


Technology Transfer in Rail Transport Industry

It is reported on the website of presstv.ir on January 7, 2016 that: Iran’s media reported on Thursday that Germany’s Siemens has won several deals to develop the country’s railway infrastructure… See More ...


International Banking Partnership of Iran and India

It is reported on the website of economictimes.indiatimes.com on December 31, 2015 that:Iran's Pasargad and Parsian banks will open branches in Mumbai and Delhi and Saman Bank will also do banking activity in India independently. See More ...


The Central Bank of Iran v Deborah D Peterson et al

It is reported on the website of thehill.com on December 27, 2015: Senators are considering extending a package of sanctions against Tehran set to expire next year. See More ...


When will the sanctions be lifted

The VOA reported on its website on October 18, 2015 that:President Barack Obama Sunday ordered the U.S. government to start preparing to lift sanctions against Iran on what was called Adoption Day ... See More ...


Legal Regime of Oil Spill under the Law of Iran

Oil spill incidents have occurred both in the Persian Gulf, especially during Gulf Wars, and in the Caspian Sea. The latest oil spill is reported on the website of nytimes.com on December 7, 2015 ... See More ...


Branches and Representative Offices in the Laws of Iran

Foreign companies are involved in different fields of business activity in Iran through their branches or representative offices. In this Legal Report, first we will look at few of these fields and then will explain ... See More ...


The Visa Waiver Act of 2015 and Tourism of Iran

The CNN reported on its website (http://www.cnn.com/2015/12/08/politics/visa-waiver-program-house/) on December 8, 2015 that: The House overwhelmingly passed legislation on Tuesday (407 to 19) that would ... See More ...


The Legal System of Iran v the International Sanctions

The legal system of Iran, especially its international trade law, has been affected by sanctions imposed on Iran either internationally, or by the USA and the EU. See More ...


Investment in Special Touristic Zones of Iran

It is explained on the website of the Organization for Investment, Economic and Technical Assistance of Iran (OIETAI) that: With the goal of capitalizing on the already productive domestic market, Iran’s Cultural Heritage, Handicrafts... See More ...


Employment of Foreign Citizens in Iran

The business activities of foreign citizens in Iran may lead to conclusion of an employment contract between the foreign citizen and his or her employer in Iran. What are the rules that apply to this legal relationship? See More ...


The Act Amending the Direction Taxation Act (2015)

The Act Amending the Direct Taxation Act (ADTA) that will come into effect from the beginning of the next Iranian year (21 March 2016) is a legal text of almost 60 paragraphs that will have great impact on the taxation law of Iran See More ...


INTERNATIONAL BANKING OPERATIONS IN IRAN

International banking activities are peripheral to the main tenets of the Iranian banking system. Its main reason could be found in the fact that the banking system of Iran is based on the Usury Free Banking Act (1983). See More ...


BIOTECHNOLOGY LAW OF IRAN

Biotechnology law of Iran is based on the National Deed of Biotechnology whose implementation must be supervised by the High Council of Biotechnology. The National Deed and the High Council are part and parcel of the innovation policy framework of the country. See More ...


TRANSPORT CORRIDORS OF IRAN

Iran is situated at a crossroad of transport corridors that connect or going to connect Russia to Persian Gulf and Turkey to China. These corridors include the ... See More ...


DOMAIN NAMES

Domain name registration - The legal entity that is responsible for domain registration in Iran is called IRNIC. According to the information that is available on the website of irnic.com ... See More ...


Three Forms of Foreign Investment in Iran

Three forms of foreign investment are authorized under the laws of Iran: 1) Foreign Direct Investment (FDI); 2) Portfolio investment; and 3) investment under contractual arrangements. A brief explanation about each of them helps us to have a clear idea of each of them. See More ...


Petroleum Contracts in Iran

Petroleum law of Iran is not just based on the laws and regulations that are specifically about the petroleum. It also comprises panoply of laws concerning property, contracts, sale, corporations, environment, taxes, etc. See More ...