Altering companies nationality in Persian law

Document Type : Research Paper

Authors

1 Assistance Professor, Private and Islamic Law Department, University of Guilan, Iran

2 PhD Candidate, Private Law, Faculty of Law and Political Science, University of Tehran, Tehran, Iran

Abstract

Altering nationality is a right for persons. According to rule 588 of commercial law, legal persons can have the complete right and duties of persons, except rights and duets that only human can have due to his nature such as rights and duties of fatherhood, sonny etc. In Persian law, unlike persons, there is not any rule about altering nationality for legal persons especially companies and there are some texts only about ltd and stock company altering nationality. Regarding reference of right and duty of legal persons to natural persons in addition to especial characteristic and mandatory nature of nationality, limited texts exist on whether altering nationality in Persian law with respect to absence of special law on form of nationality altering, is permitted or not. The way of doing that is vague in Persian law, an issue which is addressed in the current article. In comparative law, this issue is addressed as border mobility of companies and accepted as a principle in Treaty establishing the European Economic Community; moreover, prohibition of altering nationality or acceptance of new nationality cited in some internal laws is modified, but in Persian law, altering  nationality is a mandatory rule and altering that is not permitted.

Keywords

References

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Law Quarterly
Volume 45, Issue 4 - Serial Number 4
January 2016
Pages 659-675

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