MIRA INFORM REPORT

Report Date :

04.11.2014

IDENTIFICATION DETAILS

Name :	DONYA ZAD TEJARAT GILAN COMPANY
Registered Office :	Emamkhomaini Ave, Sohtabnezhad Passage 1^st, No.25, Astara 4391744315
Country :	Iran
Date of Incorporation :	18.05.2014
Com. Reg. No.:	1946
Legal Form :	Limited Liability Company
Line of Business :	Importing and exporting all kinds of the goods.
No of Employees :	3

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
--	NB	New Business	--

Status :	New Company
Payment Behaviour :	Unknown
Litigation :	Clear

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

ECGC Country Risk Classification List – June 1, 2014

Country Name	Previous Rating (31.03.2014)	Current Rating (01.06.2014)
Iran	B1	B1

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

IRAN - ECONOMIC OVERVIEW

Iran's economy is marked by statist policies, an inefficient state sector, and reliance on oil, a major source of government revenues. Price controls, subsidies, and other distortions weigh down the economy, undermining the potential for private-sector-led growth. Private sector activity is typically limited to small-scale workshops, farming, some manufacturing, and services. Significant informal market activity flourishes and corruption is widespread. New fiscal and monetary constraints on Tehran, following the expansion of international sanctions in 2012 against Iran's Central Bank and oil exports, significantly reduced Iran's oil revenue, forced government spending cuts, and fueled a 60% currency depreciation. Economic growth turned negative in 2012 and 2013, for the first time in two decades. Iran continues to suffer from double-digit unemployment and underemployment. Lack of job opportunities has convinced many educated Iranian youth to seek jobs overseas, resulting in a significant "brain drain." However, the election of President Hasan RUHANI in June 2013 brought about widespread expectations of economic improvements and greater international engagement among the Iranian public, and early in Ruhani's term the country saw a strengthened national currency and a historic boost to market values at the Tehran Stock Exchange.

Source : CIA

Company Details

Company Name: DONYA ZAD TEJARAT GILAN COMPANY

Company Trade Name: -

Address: Emamkhomaini Ave, Sohtabnezhad Passage 1^st, No.25

Astara 4391744315, Iran

Telephone: -

Fax: -

Mobile: -

Website: -

E-mail: -

Registration & Legal Details

Current Legal Form: Limited Liability Company

Registration Address: Emamkhomaini Ave, Sohtabnezhad Passage 1^st, No.25 Astara 4391744315,

Iran

Start Date: 18/05/2014

Registration Number: 1946

Registration Date: 18/05/2014

Registration Town: Gilan

National Code ID: 14004003751

Capital

Currency: Iranian Rials

Nominal capital: 10,000,000

Number of Shares: 10,000	Type of Shares:
Issued Shares:	Value per share: 1,000

Shareholders

Shareholder Names	Share%
Mr. Aziz Saleh Mahmoud Abad	50%
Mr. Yusof Nouri Dodaran	50%

Principals

Name: Mr. Aziz Saleh Mahmoud Abad

Position within the company: Managing Director

Country of Birth: Iran

Nationality: Iranian

Can fluently speak: Farsi- English

National Code ID: -

Name: Mr. Yusof Nouri Dodaran

Position within the company: Chairman

Country of Birth: Iran

Nationality: Iranian

Can fluently speak: Farsi- English

National Code ID:

Name: Mr. Rahim Sadeghi

Position within the company: Manager

Country of Birth: Iran

Nationality: Iranian

Can fluently speak: Farsi- English

National Code ID: -

Company Activities

Importing and exporting all kinds of the goods.

Operations

Employees

Company Employs: 3

HQ Premises

Operates from: Rented, Office

Location: Central Business Area

Imports

No Import

Export

No Export

Trading & Selling

Territory: 100% Nationality

Type of Customer: Retailers

Terms of sales: letters of credit

Vehicles: Total number of vehicles: 5

Related Companies

No related companies.

Banks

Mellat Bank

Financial Information

Solicitor: Mr. Saleh Moslemi

Auditors: Mr. Javad Rezvani

Payments

Unknown

interview & reporter comments

The report is obtained by Iran Registry Only, we require the telephone number of the company for further information.

Local Reputation: The company being investigated is considered by local reporters to be a 

High Trade Risk and to be secured.

Owner/Shareholders Comments:

All of owners involved in the running of the business

Age of Business: New Business

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.61.41
UK Pound	1	Rs.98.06
Euro	1	Rs.76.67

INFORMATION DETAILS

Analysis Done by :	DIV
Report Prepared by :	TPT

RATING EXPLANATIONS

RATING		STATUS	PROPOSED CREDIT LINE
>86	Aaa	Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums	Unlimited
71-85	Aa	Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums	Large
56-70	A	Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums	Fairly Large
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small
11-25	Ca	Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity	Limited with full security
<10	C	Absolute credit risk exists. Caution needed to be exercised	Credit not recommended
--	NB	New Business	--

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

Financial condition (40%) Ownership background (20%) Payment record (10%)

Credit history (10%) Market trend (10%) Operational size (10%)

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