Employment & Incentives
Here in Farama & Co, we understand the pressures that today's companies, boards of directors, compensation committees, management teams and individual executives face. We will help guide you through the myriad of challenges. Often the main challenge is complying with rapidly changing legal requirements that vary widely from jurisdiction to jurisdiction.
Our clients come to us for strategic, board-level advice on crucial employment, compensation and benefits-related issues, as well as day-to-day support on complex issues.
Iranian employment procedures are complicated, especially if a company is foreign-owned and employs local and expatriate staff. We advise across the full spectrum of employment, compensation and benefits issues, including advisory and transactional, contentious and non-contentious. This includes advising on issues from executive compensation, employment, incentives, labour, employee relations, disputes, HR policies and privacy, to restructuring, pensions and immigration.
Farama & Co has particular expertise in the following areas:
Executive and employee compensation, hiring and termination issues
Governance and regulatory issues
Stock and cash based incentives
Pensions and employee benefits
Union and works council negotiations
Harmonization, downsizing and change management
Discrimination, harassment and retaliation claims
Business transfers, M&A and outsourcing
Farama & Co’s ongoing training programs, insightful publications and frequent webcasts provide clients with the tools they need to respond to developments and prevent problems before they arise.
Please contact us: Mr. Yaser Sahraei
[email protected]
FAQ
It refers to transferring all type of funds including funds from foreign investment activities or other finds which are transferred in form of foreign currency. Such transfers are classified into two categories:
a. Transfer of capital that includes dividend or capital interest, principal capital, capital earning or reparation for expropriation or confiscation of foreign capital.
b. other foreign currency transfers including all foreign currency transfers including those resulting from patent contracts, technical know-how, technical and engineering assistance, trademarks and logos and similar contracts.
No, legally, there are no limitations for transferrable amounts or amount that can be transferred annually.
The foreign currency supplied for foreign investment foreign currency transfers is carried out through purchases from the banking system and based on instance can be supplied from foreign currency earned from exports or providing investment services. At any rate, the method of foreign currency supply for transferring foreign currency is stated in the investment permit.
Basically, any form of foreign currency transfer whether capital transfer or other forms is done by official request from a foreign investor or a joint company/capital absorbing agency on behalf of a foreign investor and all transfers to a foreign investor can be conducted after legal deductions.
In exceptional cases where export is prohibited, the investor can sell his/her/its products in the domestic market and purchase the foreign currency from the banking system and then transfer it. Obviously, if the investor can export other authorised goods if he/she/it wishes so.
Mr. Behdad Arian
Office Tel: +98 9121023022
Email: [email protected]
Position
Partner
Bar Admissions
Tehran-Iran
Education
Tehran Azad University, Faculty of Law
L.L.B
Professional Associations and Memberships
Member of Iranian Bar Association
Languages
Farsi, English
Mr. Yaser Sahraei
Office Tel: +98 9121023022
Email: [email protected]
Position
Associate
Bar Admissions
Tehran-Iran
Education
Tehran University, Faculty of Law
L.L.B
Tehran University, Faculty of Law
L.L.M
Professional Associations and Memberships
Member of Iranian Bar Association
Languages
Farsi, English