change of managing director and board members in an Iranian company
A change of managing director or board members must be decided by the competent company body under the rules for that company type and its articles of association. Changes in office often also affect authorised signatories and operational responsibilities.
Request a consultationchange of managing director and board members in an Iranian company
A change of managing director or board members must be decided by the competent company body under the rules for that company type and its articles of association. Changes in office often also affect authorised signatories and operational responsibilities.
Important aspects of this matter
Point 1
The company type and the latest registered composition of its management
Point 2
Articles of association and the competent authority for the appointment or dismissal of the position in question
Point 3
Term of office, acceptance of appointment and statutory requirements for new appointees
Point 4
Determining the signatory and registering and publishing the necessary changes
Legal points and course of action
The decision date, expiry of the previous appointment and date of registration of changes may affect directors’ liabilities and the validity of their acts. Internal documents and registration records must be consistent.
In every case, compare the company’s current registration records, internal documents and actual events. Similar case labels do not mean that the relief sought, opposing party or legal outcome will be the same.
Related topics
Company signing authority and limits of directors’ powers
Authorised signatories, execution of contracts and binding instruments, and the limits of the managing director’s and board’s powers.
Claims for profit distributions and shareholders’ rights
Shareholders’ financial and management rights, distributable profits, voting rights and access to information within statutory limits.
partner or shareholder dispute in an Iranian company
Disputes over management, profits, voting rights, document access, general-meeting decisions and performance of members’ agreements.
Registration of company changes and meeting minutes
General-meeting and board minutes; changes to directors, capital, address, business objects and authorised signatories.
Relevant legal sources
Iranian Act Amending Part of the Commercial Code
Iranian Commercial Code («قانون تجارت»)
Iranian Companies Registration Act
This list identifies the principal legal provisions relevant to the page. The applicable law and amendments must be checked against the dates, subject matter and circumstances of each case.
The official texts and latest amendments are available in the National Database of Iranian Laws and Regulations.
Frequently asked questions
Methods of contact
For legal advice or follow-up on a case, contact us using one of the methods below.