Iran

Operating a business

Different types of companies	Number of partners/shareholders	Maximum and/or minimum capital	Liabilities	Registration fees
Sherkat Sahami Am is a private company limited by shares.	Minimum 3 shareholders.	Minimum IRR 1 million.	Partners' liability is limited to the amount contributed in shares.	Registration fees depend on the amount of the capital.
Sherkat Sahami Khass is a public company limited by shares.	Minimum 3 shareholders.	Minimum 5 million IRR.	Partners' liability is limited to the amount contributed in shares.	Registration fees depend on the amount of the capital.

Business setup procedures: Before taking any administrative steps, founders of the future company have to contact the OIETAI which is the Investment, Economic and Technical Assistance Organisation in Iran. The company is then registered with the Chamber of Commerce and Industry in Iran (CCIMI: Chamber of Trades, Industries and Mines).