If your company is considering conducting a private offering or a public offering or listing with a stock exchange for a pharmaceutical and medicine project, Prospectus.
It also borrows much from the French commercial code and company law. Codified areas of business law in Iran include: The code is broadly similar to employment laws in other Middle Eastern countries.
However, employees are permitted to change their mind about the resignation within 15 days. Non-Iranian nationals need immigration permission and work permits to be able to work in Iran.
There are strict rules on employment of non-Iranian nationals if Iranian citizens are similarly qualified and able to perform the work in question. FIPPA allows investment across most industries and fields including major infrastructure projects and tends not to restrict: Licences are usually issued promptly, if you can demonstrate your business activities are eligible.
A business plan may also need to be submitted. The Foreign Investment Board review normally takes up to 15 days with foreign investors representatives usually invited to take part.
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You will be sent a draft licence to review, and if agreeable, the investment will be licence issued. This process will usually be complete within 60 days.
If a contract is signed in Iran, Iranian law applies. If the contract between an Iranian and a foreign national includes an arbitration clause, the law chosen by the contracting parties will be recognised.
This includes provisions under business law regulating the import of goods or pharmaceutical products, but also mandatory contractual provisions. Non-Iranian companies can choose to resolve disputes through: However, the judgments of the General Assembly of the Supreme Court in respect of similar cases constitute case precedent to be followed by other courts.
Arbitration clause should reference internationally accepted arbitration rules such as those of the International Chamber of Commerce International Court of Arbitrationthe Swiss Chambers Arbitration Institute or the German Institute of Arbitration.
Under the Iranian constitution, the Council of Ministers and the Parliament has to approve the referral of disputes concerning public and governmental parties to arbitration. A judicial decision has found approval should have been sought before entering into a contract.
While this may not be binding on an international arbitration tribunal, an arbitration award may be unenforceable in Iran.
The Iranian Industrial Property Office promotes IP protection and encourages accession to international agreements and treaties. Patents and trademarks in Iran Patents in Iran are valid from 5 to 20 years.
The length of patents is decided by the inventor who pays an annual fee. Patent applications are examined only for the correctness of documents and compliance with patent specifications.
Trademark registrations are effective for 10 years following the date of filing and are renewable. Trademark infringements can be challenged for up to 3 years.
Rejected applications for registration of trademarks and patents can be appealed in the Iranian courts. Copyright in Iran Copyright is not regulated under Iranian law.over the pharmaceutical industry and with this power, the FDA has hardened black box guidelines, which in turn has affected and will affect the profitability and revenue of .
And Danish pharmaceutical company Novo Nordisk is building on its Iran presence by doubling local staff to nearly and investing $76 million in a new factory. Iran’s per capita consumption is $21, as opposed to the global average of $94 because Iran subsidizes heavily its medical and pharmaceutical industry.
In , Iran exported $74 million worth of "medical products" to countries such as Iraq, Afghanistan and Russia. Success in pharmaceutical sales is arguably easier with a well-developed business plan. A business plan helps establish the framework of what you want to accomplish in pharmaceutical sales and how.
Creating a pharmaceutical sales business plan is no different from creating a plan for any other business, as the purpose.
List of companies of Iran Jump to navigation Jump to search. This is a Under a plan called "Top Iranian Companies" the top publicly traded Iranian corporations are chosen each year based on 17 financial indices including growth in sale and dividends as well as rise in profits.
Iran Business Directory - Ministry of Commerce (Iran). An Iranian pharmacist arranges medicine on shelves at a pharmacy in central Tehran, Iran, Tuesday, Dec. 11, AP Photo/Vahid Salemi Iran's pharmaceutical industry has found itself in a catch .