Company Registration

Knowledge Based Companies

Knowledge-based companies are companies whose activities are aimed at producing and implementing inventions. Therefore, one of the important points in registering a company as a knowledge-based company is the existence of new inventions and initiatives.
In other words, a knowledge-based company is affiliated to a company that has from 1% to 100% of the company's share for a scientific institution such as a university or a research group, or even from 51% to 100% of the company's share for faculty members. It is a university or a research group and if the share of centers or scientific institutions such as universities is less than 50%, the knowledge-based company is considered to be a private company, but otherwise, knowledge-based companies are considered to be public companies.

Registration of a knowledge-based company

1: knowledge-based company is a company whose only founders are faculty members.
If the share of scientific centers (universities) is lower than fifty percent, the knowledge-based company is considered as a private company which must comply with the commercial law.

2: Companies in which universities also have a stake.
If the share of the university is 50% or more, the knowledge-based company is considered a state-owned company.

Another type of valuable and significant service is the registration of a knowledge-based company. The registration process of knowledge-based companies can be briefly stated as follows:

Universities and research units can start forming knowledge-based companies after the board of trustees approves the possibility of registering knowledge-based companies in their financial and trading regulations. Every knowledge-based company will be established at the suggestion of a number of faculty members and approved by the university or research unit, or it will be proposed to the faculty members by the university and research unit.

Company registration in free zones

There are cities that are other than port cities or non-port cities that are considered as free zones according to the law. Registration of companies in free zones can be done according to the law. 

Free zones have a series of special features that encourage people to register their companies in these zones.
Transitional and special benefits are considered for free zones, which include:

There are many special features for companies registered in free zones, which can be:

1: Fifteen-year tax exemption and tax discount based on the domestic regulations of the country for companies operating in economic zones.

2: The entry permit and visa for foreign nationals in certain regions are based on the internal laws and regulations of the country, but in the free zones, entry visas are given at the borders of the entry into the country, and the labor and social insurance regulations are for employment within the country.

3: The labor and insurance law regarding the employment of foreign nationals in free zones is in accordance with the laws specific to the regions but in special economic zones it is in accordance with domestic regulations. 

Limited liability company registration

Registration of a limited liability company is a company formed between two or more people to conduct business affairs. In a limited liability company, partners without opening an account, owning shares or percentage of the company are only responsible for the company's debts up to the amount of their capital in the company.

The capital for limited liability registration must be "at least one hundred thousand tomans", but unlike the registration of a private limited company, this amount does not need to be deposited in the company's account, and it will only be mentioned in the company's articles of association.

The limited liability company is one of the most used companies registered in the Registration Office. The simplest and most widely used type of company is the registration of a limited liability company and most of the companies that are registered are of this type of company. Limited liability company registration is used to carry out commercial and business affairs in the small to medium cycle.

Registration of a private limited company

A private joint stock company is a company whose initial capital is provided by the members. Each member will have the same amount of stock and will have a share in the company. Unlike a public joint stock company, the shares of a private joint stock company will only be in the hands of specific members, which is the board of directors and the public will not have the right to share.
In fact, private joint stock companies mean commercial companies whose capital is divided into shares and all the capital of the company is provided by its founders. The liability of the shareholders towards the company is directly related to the nominal amount of their shares. It should be noted that the nominal amount of the shares is equal.
During the registration of a private joint stock company, after determining the capital of the company, 35% of it should be deposited in the company's account with one of the banks. The credit of a special joint stock company to get a project and loan... It is more than a limited liability company.

Notes for registering a private limited company

In order to register a private limited company, the presence of at least 3 members as the board of directors and 2 people as auditor (one main and one reserve) is required, all of whom must be of legal age. It should be noted that auditors should not have a family relationship with the board of directors.

1: Board members must have at least one share. (Except for non-partner members)
2: The minimum authorized capital of a private limited company is one hundred thousand tomans, 35% cash payment is required at the time of company registration which must be provided by the founders of the company. 
3: The responsibility of each shareholder for the debts and obligations of the company depends on the nominal amount of his/her shares.
4: It is not possible to issue bonds in private joint stock companies
5: Shares of private equity companies cannot be traded in the stock market.
6: The transfer of shares of a private joint-stock company is subject to the approval of the company's shareholders.
7:  Issuing shares before the company is registered is illegal and is considered a crime.

Holding company registration

Holding companies are having significant economic growth in their operations and when these types of companies simultaneously operate in various economic fields with a large scope, it is classified into different companies. 
Public and private companies that have sub-branches and all their activities are completely under the supervision of the CEO and the main members of the board are called holding companies.
The holding company or the main shareholder companies have several companies, that is why the main company appoints one person as a member of the board in all the companies under the group, who has the right to vote and make decisions for the company's affairs and the holding company with the purchase of a majority of shares of another company has the right to vote and a company that has sold the majority of its shares is called a subsidiary or second company. They know exactly how the holding company acted.



Minimum capital for holding company registration

In order to register a holding company, it is necessary to specify an amount for the initial capital. The minimum initial capital for private holding companies are fifty billion IRR and the initial capital for public holding companies is one hundred billion IRR.
The necessary documents for the registration of the holding company are as follows:
1: Announcement of the establishment of the holding company 
2: Authorization form issued by the parent company to register the holding company
3: Certified true copy of the national ID card and identity certificate of all shareholders  
4: A true copy of the national ID card and identity certificate of the board of directors
5: No criminal records for the representative of the holding company and all members of the company, including the board of directors