partner or shareholder exit from an Iranian company
Exiting the company is not a single title with the same method for all companies. In practice, the transfer of shares or ownership interest in a company or partnership interest, capital reduction or another mechanism may be proposed according to the type of company and its documents, and the effects of past responsibilities must also be assessed separately.
Request a consultationpartner or shareholder exit from an Iranian company
Exiting the company is not a single title with the same method for all companies. In practice, the transfer of shares or ownership interest in a company or partnership interest, capital reduction or another mechanism may be proposed according to the type of company and its documents, and the effects of past responsibilities must also be assessed separately.
Important aspects of this matter
Point 1
Type of company and provisions of the articles of association regarding transfer or withdrawal
Point 2
Amount of shares or ownership interest in a company or partnership interest and method of determining its value
Point 3
Debts, Obligations, Guarantees and open accounts of the partner
Point 4
Minutes, Document of transfer and registration of changes in accordance with the selected method
Legal points and course of action
In a limited liability company,, the transfer of ownership interest in a company or partnership interest is subject to special formalitiesIranian Commercial Code («قانون تجارت») and is not the same as the transfer of shares in joint-stock companies. Therefore, the type of company and the capital structure must be precisely determined before choosing the exit method.
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 dispute in an Iranian company
Disputes about management, Profits, Voting rights, Access to documents, Assembly decisions and implementation of partners' agreements.
transfer of shares or an LLC equity interest in an Iranian company
Transfer of shares in joint stock companies and ownership interest in a company or partnership interest in limited liability companies.
Registration of company changes and meeting minutes
Minutes of meetings and board of directors, Change of directors, Capital, Address, Subject and authorized signatories.
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»)
Iranian Civil Code («قانون مدنی»)
Iranian Companies Registration Act
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
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