change of managing director and board members in an Iranian company
The change of managing director or members of board of directors must be carried out by a competent authority and in compliance with the regulations of the type of company and the articles of association. The change of positions is usually associated with the change of signatories and executive responsibilities of the company.
Request a consultationchange of managing director and board members in an Iranian company
The change of managing director or members of board of directors must be carried out by a competent authority and in compliance with the regulations of the type of company and the articles of association. The change of positions is usually associated with the change of signatories and executive responsibilities of the company.
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 office and legal conditions of new persons
Point 4
Determining the signatory and registering and publishing the necessary changes
Legal points and course of action
Date of decision, The date of the end of the previous position and the time of registration of changes can be important in the responsibilities and validity of the actions of managers. Internal documents and the registration status must be coordinated with each other.
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
Company signing authority and limits of directors’ powers
Authorized signatories, Signing contracts and binding documents and the limits of authority of managing director and board of directors.
shareholder dividend and information rights in an Iranian company
Financial and managerial rights shareholder , distributable profits, voting rights and access to information within the limits of the law.
partner or shareholder dispute in an Iranian company
Disputes about management, Profits, Voting rights, Access to documents, Assembly decisions and implementation of partners' agreements.
Registration of company changes and meeting minutes
Minutes of meetings and board of directors, Change of directors, Capital, Address, Subject and authorized signatories.
Relevant legal sources
Bill amending part of Iranian Commercial Code («قانون تجارت»)
Iranian Commercial Code («قانون تجارت»)
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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