Setting Up a Company

Types of Companies and Capital (Max/Min)	Number of Partners/Shareholders and Liability
Sherkat Sahami Khass is a private company limited by shares. 1 million IRR minimum.	3 shareholders minimum. Partners' liability is limited to the amount contributed in shares.
Sherkat Sahami Aam is a public company limited by shares. 5 millions IRR minimum.	5 shareholders minimum. Partners' liability is limited to the amount contributed.
Sherkat tazamoni is a company (partnership) where liability is collective. Such a company must be indicated by the name of at least one of the partners. "Partnership" must appear in the name. No minimum	2 shareholders minimum Partners' liability is limited to the amount contributed.
Sherkat-e mokhtalet-e-ghair-e sahami is a limited partnership company. It is a company established for trading. No minimum	1 or more "general partner" and 1 or more dormant partner A general partner will be responsible for any debt higher than the assets a dormant partner is responsible only to the extent of its contribution to the partnership

The Competent Organization: If registering a branch or a representation, the Office of registration of companies and industrial property must be contacted: If an overseas investment, it is necessary to contact the OIETAI or the Ministry of Foreign Affairs.

Source: Doing Business.

Business Setup Procedures: Consult Doing Business Website, to know about procedures to start a Business in Iran.
Iran Civil Center

Working Conditions

Legal Weekly Duration: 39 hours
Retirement Age: 60 years
Working Contracts: Employment contract requires a rather flexible formality. Dismissal procedures are very rigid.

Minimum Wage: The legal minimum wage varies according to the branch of industry and the area.
Average Wage: The average annual salary is USD 2,700.
Social contributions: Social Security Contributions Paid By Employers: 23%.
Social Security Contributions Paid By Employees: 7%

Social Dialogue and Involvement of Social Partners: Independent trade unions are prohibited. Iranian trade unions are represented by an organisation called "Worker's house", whose leaders are subject to selection criteria imposed by the State.
Unions
Unionization Rate: Independent trade unions being prohibited, the rate of unionisation does not have any meaning.
Labor Regulation Bodies: Ministry of Labour and Social Policy (in arabic)

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