Capital Increases
Under Iraqi Companies Law No. 21 of 1997 (as amended), companies may increase their capital to onboard new investors, strengthen financial capacity, expand operations, or meet regulatory or contractual requirements. Capital increases require corporate approvals, amendments to registration documents, and filings with the Iraqi Registrar of Companies.
Legal Procedures
- Shareholder Resolution approving the capital increase
- Amendment of the Articles of Association to reflect the new capital value and share allocation
- Subscription and Payment of the new capital by existing shareholders or new investors
- Submission to the Registrar of Companies for approval and registration
- Issuance of Updated Corporate Documents showing the amended capital
- Publication Notice for transparency and third-party notification
- Tax and Social Security Updates reflecting the amended capital for compliance purposes
Strategic Reasons
- Funding expansion or new projects
- Satisfying regulatory capital adequacy requirements
- Onboarding strategic investors or joint venture partners
- Restoring capital adequacy after losses
- Preparing for mergers, listing, or restructuring events
How Etihad Can Assist
Etihad provides legal and regulatory advisory services to banks, financial institutions, and businesses, supporting compliance with applicable laws, regulations, and regulatory guidance issued by any competent authorities.