Having extensive knowledge and experience in the field of foreign investment, Hatami & Associates is assisting a multinational industrial group, nameed Tubacex Group. With a share of around 15% of the world market for the seamless stainless tubular solutions, TUBACEX is one of the largest producers and suppliers of seamless steel and high-nickel alloys and special components around the globe with numerous subsidiaries and sales offices in more than 30 countries.
Our Investment Services team members at Hatami & Associates have rendered their legal consultancy and services to this client by providing comprehensive memorandums in accordance with the applicable Iranian rules and regulations, while also covering the current circumstances surrounding commencement and operation of the client’s business and the related issues such as possible types of investment by TUBACEX and pertinent requirements, tax related matters, social security, Import and export matters and appropriate corporate structure. The Firm has additionally provided the client with revisions and comments regarding the Joint Venture agreement concluded with an Iranian partner containing advice to TUBACEX in relation to its commercial activities, formation of the new company and its special characteristics and function, as well as the parties' obligations and rights, etc., keeping in mind the goal of maximizing benefits for TUBACEX in the respective project.
Hatami & Associates has also been consulted with and is rendering ongoing advisory services to the companies integrated in the Tubacex Group, including Tubacex SA, Tubacex Service Solutions, and Tubacex Upstream Technologies, S.A.