how to start a business in iran ?
The necessity of a complete and professional due diligence prior to start your business in Iran
The present article has been prepared by Iran Best Lawyer to provide you with the necessary elements which shall be controlled prior to start your business in Iran as a foreign company or private investor.
What is the business due diligence?
The business due diligence is the process of gathering, recognition and analyzing all the possible risks of starting a new business. A complete due diligence has different parts like, legal, financial and commercial due diligence.
Normally people get used to minimize the application of due diligence to one of the stage of the M&A transaction. This idea, especially when you are going to start your business in a new country is completely illusory.
In this article, we are going to explain the different steps of a successful due diligence that you are required prior to come to the Iranian market.
Prior to anything else, please bear in mind that the successful process of due diligence requires the assistance of a very good international lawyer in Iran. Indeed, the person who is in charge of the due diligence shall be elected among the top Iranian lawyer with the great record of performance in his or her previous experiences.
The scope of a professional due diligence required for the market of Iran?
In order to start your business in Iran, you may choose among these two options; find a local partner or incorporate your own company.
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