Financial statements from Iran

Schmidt & Schmidt offers financial statements from Iran in electronic form and their translations into English.

According to law, some companies registered in Iran must submit annual financial statements.

Reporting of financial statements in the Iran is subject to the Stock Market Act and other regulations.

Currently, the IFRS are being introduced in Iran. They are used by financial companies and are prepared for an introduction with other companies.

Financial statements of companies participating in stock exchange are collected by the Organization for stock exchange which has administrative and monitoring functions for the stock market.

Annual financial statement includes:

• Balance sheet
• Profit and loss report
• Auditor’s report
• Notes

Financial statements of companies participating in stock exchange are obtainable with an online service of Organization for stock exchange.

To obtain financial statements of a specific enterprise, its full name in Persian language and registration number are required.

Financial statements provide detailed information about a company’s financial state, solvency and performance of an enterprise.

Depending on the size of the enterprise, its financial statement can contain up to several hundred pages.

Financial statements can provide valuable information about potential business partner which can be used for making decisions like purchasing capital shares or goods or taking legal action to collect debts.

Financial statements are provided in accordance with the legislation of Iran and legal requirements on personal data protection.

On our website, you can make a preliminary request if a certain company’s financial statements are obtainable.