Transaction of business is a very complicated affair
especially if most of your business is conducted overseas. Due to the terrorist
attacks and increase in the number of illegal activities, all governments,
including that of the United States, have their laws more strict and difficult
which has made it impossible for companies to work without seeking the
assistance of legal expert. This advice is required because without this you
would not be able to understand the changes in regulations that happen and which
might affect the license that you apply for or which you need renewed. If you
work out of the United States then it is very important that you should be
familiar with the Iran Sanctions laws and that you should also be able
to work within the purview set by the government.
Failure to do so would result in rejection or cancellation of your business license and you might even be imposed with a heavy fine. There are a lot of restrictions on trade of goods and transfer of money which needs to be kept in mind at all point of time. To make sure that your company is adhering to these rules and regulations and that you are not indulging in any work that might result in problems for your firm you should consult with a specialized law firm who would be able to give you accurate guidance. One of the best law firms for this purpose is Ferrari and Associates which is led by Mr Ferrari. He has been working in this region for many years and has been able to provide accurate advice to a number of companies for this purpose. Because transactions that fall under this category are monitored very closely you have to be on your guard and ensure at every point of time that you are working within the law or within the stipulations laid down by the government.
A book has also been launched for this purpose which deals
particularly with the topic of Iran sanctions. This book is referred to
by attorneys and compliance officers as well as people who belong to the
business community. It provides a comprehensive guide to the Iranian transactions
regulations and would be able to guide you in most normal matters. This is the
first ever guide of this nature and is wholly devoted to specific US economic
sanctions programs.
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