Germany is Iran's most important trading partner in the EU

The sanctions imposed on Iran affected trade relations between Iran and Germany Dr. Volker Treier, Head of Foreign Trade and Member of the Executive Board of the German Chambers of Industry and Commerce (DIHK), would like to see German-Iranian trade relations reach the level they were at before the U.S. sanctions were imposed. In a […]

Germany is Iran’s most important trading partner in the EU

Decrease in European exports to Iran

European exports to Iran reached their lowest level in 12 months. According to the latest statistics from Iran-EU trade in January to April 2022, trade was slightly better than last year, with a total value of 1671.9 million euros, up 15% from the same period last year. That Iran’s exports to and from the European […]

Decrease in European exports to Iran

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Export & Import in Brief

“Temporary Admission” means the Customs procedure under which certain goods can be brought into a Customs territory conditionally relieved totally or partially from payment of import duties and taxes; such goods must be imported for a specific purpose and must be intended for re-exportation within a specified period and without having undergone any change except […]

What is Temporary Admission?

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Import and Export in Brief

رجیستری

The definition of trading company TCGA 1992 ““trading company” means a company whose business consists wholly or mainly of the carrying on of a trade or trades”. But what does “business” mean? If a company has retained profits and used them to buy an investment property so that 99.9% of turnover is trade and 99.9% […]

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