News

Law office of Gheidi & Associates is pleased to invite the university students in the fields of foreign investment and international trade to contribute on writing practical legal articles with us. For more information, please contact our associate Ms. Sara Tajdini at  sara.tajdini@gheidilawoffice.com

June 19, 2018

We contributed on preparing the Iran Chapter at Delos Guide to Arbitration Places (GAP).

GAP is designed to assist in-house counsel, corporate lawyers and arbitration practitioners with efficiently accessing key insights into a large range of jurisdictions, including for the purposes of negotiating the choice of arbitral seats and conducting arbitral proceedings in those jurisdictions. The GAP is now live: https://delosdr.org/index.php/gap/

Feb 18, 2018

We are pleased to announce that our office as well as our partner, Nasim Gheidi individually are ranked by Chambers Global 2018 (Band 3). It can be viewed here:

https://www.chambersandpartners.com/112/852/editorial/2/1

Clients has praised the quality of our team’s work and commented as follows:

“We fully trust the team and we’re confident that we will receive high-quality legal services for all our queries.”
One source commented that founder and managing partner Nasim Gheidi is “a smart woman with a bright future – her perseverance in her work is admirable.” Another market source praised her as “a phenomenon in the market! She has progressed very fast and is very efficient.” Her practice focuses on corporate mandates.

Jan 23, 2018

We are honored to announce that we achieve the “Certificate of Appreciation” for the year of 2018 due to our contribution with World Bank group. The link is available online at   http://www.doingbusiness.org/404.aspx?aspxerrorpath=/

Jan 09, 2018

Our office has contributed on Chambers Global Practice Guide, the eDiscovery & Disclosure authored by our partners Nasim Gheidi and Mohammadreza Maleki . The link is available online at   https://practiceguides.chambersandpartners.com/practice-guides/comparison/331/1350/2515-2516-2517-2518-2519-2520-2521-2522-2523-2524-2525-2526-2527-2528-2529-2530-

October 25, 2017

The third article of our series on “Arbitration in Iran: With Focus on International Commercial Arbitration” was published in The European Federation for Investment Law and Arbitration (EFILA) Blog, authored by Nasim Gheidi & Parham Zahedi. In this piece,  Iran’s bilateral investment treaties are reviewed by a general look.   

https://lnkd.in/exJvciC

Oct 18, 2017

Our office has contributed on Chambers Global Practice Guide, the Pharmaceutical Advertising authored by Nasim Gheidi, Razieh Heydari, Sara Tajdini and Parham Zahedi. The link is available online at https://practiceguides.chambersandpartners.com/practice-guides/comparison/315/993/E1872-O-1819-1822-1827-1837-1842-1846-1849-1853-1856-1865-1868-

 

Apr 11, 2017

The second article of our series on “Arbitration in Iran: With Focus on International Commercial Arbitration” was published in The European Federation for Investment Law and Arbitration (EFILA) Blog. In this piece of writing, we have discussed Principle 139 of Iranian Constitutional Law, which challenges arbitrability of the disputes where public or governmental properties are involved and the conflicts therewith arisen with BITs that Iran has made with other states.

 

March 16, 2017

We are pleased to announce that our partner Nasim Gheidi enters the ranking at Chambers Global 2017 among other prominent and pioneers ranked lawyers in Iran.

Her Commentary in Chambers Global 2017, Iran, General Business Law, Band 3 goes as:

[Nasim Gheidi of Law Office of Gheidi & Associates enters the rankings following impressive plaudits from market sources, who note her responsiveness and “excellent quality of advice.” Peers also acknowledge her to be a “very good lawyer.” She is an experienced adviser to overseas companies.]

 

Dec 22, 2016

The first article of our series on “Arbitration in Iran: With Focus on International Commercial Arbitration”  was published in The European Federation for Investment Law and Arbitration (EFILA) Blog, authored by Nasim Gheidi & Parham Zahedi. These monthly series of articles will provide readers a comprehensive and general view about Arbitration in Iran legal system.

 

Feb 29, 2016

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Nasim Gheidi, managing partner of Gheidi & Associates is interviewed by Maeil Business Newspaper Korea.

Thursday, February 18, 2016 

English translation as below:

Three Things to Remember When Preparing Contracts, “International Standard /Comprehensive/Detailed”

Radar L / ‘Center of Attention’ Iranian Legal Market

Maeil Business Newspaper, Thursday, February 18, 2016

Nasim Gheidi, founder and managing partner of Gheidi & Associates, is an attorney with 13 years’ experience in international trade law.  Since last November, the firm, inter alia, has been assisting foreign investors with JIPYONG, which opened its desk in Teheran, Iran in November last year for the first time as a Korean law firm.

How do Iranians recognize economic cooperation between Iran and South Korea?

▷ Despite the fact that the South Korea had been facing difficulties to balance between its commercial interest in Iran and its reaction to US pressures to levy sanctions against our country and in fact it somehow did so in line with its ties with the US, Korean brands in consumer electronics, telecommunication and automotive have won the Iranian market in terms of size and also captured Iranians’ hearts. Although the restriction and sanctions levied on Iran by South Korea might have had adverse effects on Iranian government attitude toward Korean companies, by removal of trade barriers with Iran in international scale, the strong hope is there so that the tight economic relation between two countries will boost again.

What is the recommended field of foreign investment in Iran?

▷ Answering to this question requires vast study of economic, cultural and social aspects of the society. However, as to my understanding of Iran’s economy, investment in infrastructure, new energy production such as solar power and tourism could bring advantageous results. Implementation of projects in infrastructure entails large amounts of money to be financed. Domestic sources, both private and governmental, after years of international isolation lack such capability and foreign investment is a vital asset for any project to be launched in Iran on a national scale. This reviving economy with vacant positions and unutilized capacity with young educated, growing population lays the basic grounds for any foreign investor who intends to manufacture goods and provide services with the cooperation of domestic partners.

What are the most common mistakes by foreign companies doing business in Iran?
▷ From general point of view, I believe that a foreign investor should gain enough knowledge on economy system, history, culture and customs as well as geographical requirements of the host country.  From legal point of view, some foreign companies underestimate the importance of compliance with local laws and regulations.  At the beginning steps, they need to be careful on how to draft the joint venture contracts, shareholder agreements and the like with due regard to Iranian legal system.  Subsequently, they will need to uphold and update their compliance system in a meticulous way.

What are the most difficulties faced by foreign companies while doing business in Iran? What are the most important precautions in this regard?

▷ From legal perspective, dealing with the governing law of the contracts as well as recognition and enforcement of foreign judgments/arbitral awards have been a headache for foreigners in Iran.  Lack of sufficient laws and regulations and ambiguity of existing ones resulting in variety of interpretations by authorities, and unstable and changing practices adopted by administrative bodies are the challenges that foreign companies have been facing with in Iran.  What could be highly recommended to foreign investors is conclusion of comprehensive and detailed contracts; application of international standards to investment contracts; constant observation of legal as well political developments in Iran; shift of the field of investment in pursuance of a thorough market study; and timely repatriation of the capital in case of emergency.

How could you categorize disputes between Iranian government or companies and foreign companies doing business in Iran?

▷ The Iranian government has not yet totally left its restrictive approach towards dispute settlement with foreign investors. In accordance with the most recent foreign investment act dated 2003, any dispute between a foreign investor and the Iranian government are to be referred to local courts. However, if a bilateral investment treaty is concluded between the Iranian government and the foreign investor’s respective state, the advantages of such an agreement shall be automatically applied to any investment contract between the Iranian government and the foreign investor. The settlement of claims relating to public/state property or the referral thereof to arbitration is in every case dependent on the approval of the Council of Ministers, and the Parliament must be informed of these matters. In cases where one party to the dispute is a foreigner, as well as in important cases that are purely domestic, the approval of the Parliament must also be obtained. In case of disputes between the foreign and Iranian companies, the contracting parties are free to choose the applicable law and the competent court to hear the dispute.

Hyeon-Jeong Lee, Reporter

 

Feb 2, 2016

An article on “Effective date of employment contracts under Iranian labor law” authored by our colleagues published in Ghanoondaily.

English version coming soon.

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Jan 2, 2016

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We are nominated as one of the world’s leading practitioners in filed of Transport/Aviation/Regulatory by Who’s Who Legal 2016.

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November 2015

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Cooperation agreement with Korean law firm, Jipyong

We made a cooperation agreement with a top Korean law firm, Jipyong which was founded in 2000 and has 160 lawyers and accountants in its overseas of
fices.

With the ties we have formed with Jipyong, we would be delighted to expand our cooperation with Korean clients and with the prospect of sanction lift following the landmark nuclear deal, our office is meant to establish itself as the best equipped Iranian law firm to assist foreign investors to first enter into Iranian market and then uphold their legal compliance system while doing business in the country. top law firm Iran best law firm Iran  top law firm in Iran best law firm in Iran lawyer Start a business in Iran Investment in Iran Iran IP law firm 

 

October 15, 2015

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Gheidi & Associates being listed by Embassy of Germany 

As of 15.10.2015, Gheidi & Associates has been placed in list of Iranian lawyers recommended by Embassy of Germany in Tehran.

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