transfer of shares or an LLC equity interest in an Iranian company
Transfer of shares and ownership interest in a company or partnership interest transfer are not legally the same. The type of company, The type of capital, The limitations of the articles of association, The necessary consents and the transfer documents determine how valid and enforceable the transfer is.
Request a consultationtransfer of shares or an LLC equity interest in an Iranian company
Transfer of shares and ownership interest in a company or partnership interest transfer are not legally the same. The type of company, The type of capital, The limitations of the articles of association, The necessary consents and the transfer documents determine how valid and enforceable the transfer is.
Important aspects of this matter
Point 1
Identifying the type of company and whether it is a transfer of shares or ownership interest in a company or partnership interest
Point 2
Control of the articles of association, Articles of association and transfer restrictions
Point 3
Verification of ownership, Number or amount of shares and status of related obligations
Point 4
Preparation of transfer documents and carrying out the necessary registration formalities
Legal points and course of action
According to Articles 102 and 103 Iranian Commercial Code («قانون تجارت»), the transfer of ownership interest in a company or partnership interest in a limited liability company to another requires the legal conditions and the transfer must be carried out pursuant to official or authentic instrument under Iranian law. For joint-stock companies, the type of shares and legal or statutory restrictions should be analyzed separately.
In each case, the latest company registration status, internal documents and actual events must be matched. The similarity of the titles of the two cases does not mean that the demands, of the parties to the dispute or their legal outcome are the same.
Related topics
partner or shareholder exit from an Iranian company
Methods of exit of a partner, Transfer of shares or ownership interest in a company or partnership interest, reduction of capital and effects of previous liabilities.
Registration of company changes and meeting minutes
Minutes of meetings and board of directors, Change of directors, Capital, Address, Subject and authorized signatories.
partner or shareholder dispute in an Iranian company
Disputes about management, Profits, Voting rights, Access to documents, Assembly decisions and implementation of partners' agreements.
challenge to corporate minutes or resolutions under Iranian law
Objection to the decisions of the assembly or board of directors in case of violation of the law, of the articles of association or basic procedures.
Relevant legal sources
Iranian Commercial Code («قانون تجارت»)
Bill amending part of Iranian Commercial Code («قانون تجارت»)
Iranian Civil Code («قانون مدنی»)
This list, shows the main provisions related to the subject of the page. The governing law and subsequent amendments must be adapted to the time of occurrence, of the subject and the situation of each case.
The official text and latest amendments of the laws are available at National Information Database of Laws and Regulations of the Country is available to view.
Frequently asked questions
Methods of contact
Contact us for advice and follow-up of the case through the following ways