Starting a Business

Starting a Business

Below is a detailed summary of the bureaucratic and legal hurdles faced by entrepreneurs wishing to incorporate and register a new firm in Iran, Islamic Rep.. It examines the procedures, time and cost involved in launching a commercial or industrial firm with up to 50 employees and start-up capital of 10 times the economy’s per-capita gross national income.

This information was collected as part of the Doing Business project, which measures and compares regulations relevant to the life cycle of a small- to medium-sized domestic business in 189 economies. The most recent round of data collection was completed in June 2014.

  • Standardized Company
  • Legal form: Limited Liability Company (شرکت با مسئوليت محدود)
  • Paid in minimum capital requirement: IRR 0
  • City: Tehran
NOProcedureTime to completeAssociated costs



Obtain a criminal record clearance

Agency: Police Electronic Service Centers


Under articles 111 and 147 of the amendments to the Commercial Code of 1969, a criminal record clearance must be obtained from all company directors and inspections in order to register a new company



5 days on average


IRR 50,000 per criminal record




Reserve a unique company name, Register at the Companies Registration Office and Pay the registration fees

Agency: Companies Registration Office


To register with the Companies Registration Office, the company must submit the following documents:

* Articles of association, signed by all shareholders .

* Declaration stating that all shares have been subscribed .

* Minutes of the general assembly of founders and board of directors .

* Bank certificate, showing that at least 35% of all shares have been paid in .

* Minutes of the shareholders’ meeting, reflecting the election of the first directors and inspector(s) .

*Written statement accepting the position of directorship and inspectorship .

*National ID Card (Carte Melli) and birth certificates (certified copies) of the shareholders and inspectors .

*Name of a mass circulation newspaper in which all company announcements will be published.

Application files are assigned a bar code so that each internal desk that receives the file tracks its entrance and exit. In addition, an electronic payment system is conducted with a card and a machine is used to pay registration fees.



3 days


IRR 375,000 for registration and IRR 40,000 for name search and reservation.




Place a notice of the company formation in the Official Gazette and the selected newspaper of general circulation
Agency: Official Gazette


It is possible to directly publish the notice of the company formation through the Official Gazette and the selected newspaper or general circulation or submit it to the post office, which then forwards them to the Gazette. This process takes 15 to 30 days. However, businesses do not need to wait until the publication is completed to start their business. Upon submission of the registration notice to the official gazette for publication, a copy thereof is affixed with the stamp of the official gazette office indicating that the notice is in the process of publication. This notice, bearing the stamp of the official gazette, in terms of the start of business operations holds the same value as the notice published in the Gazette. Thus, with this notice, the company can proceed with business operation formalities.


1 day


IRR140,000 for official Gazette; IRR 240,000 for general circulation newspaper




Retrieve the officially sealed books of account within 30 days of registration
Agency: Authorized Vendor

The cost depends on the number of pages of the official sealed books of account.


1 day


IRR 100,000




Pay the share certificate stamp duty within 60 days of company registration 
Agency: Bank

The stamp duty must be paid within 60 days of company registration. It is paid at Bank Melli Iran because it is an official government duty.


1 day


0.2% of the par value of the subscribed share capital




Enroll workers in the social security program at the Iranian Labor Department and Obtain a workplace number
Agency: Labor Department

To open files in the social security program, the applicant sends a copy of the first monthly salary report to the Iranian Labor Department with a premium contribution of 33% of the employee’s monthly salary (7% worker, 23% employer, 3% unemployment contribution, and 3% government).



1 day


no charge

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