Companies Registration Dept.

Companies Registration Dept. the Companies Registration Dept. has issued new instructions regarding the registered representative offices in Iraq which is as follows: “We invite all the representative offices of foreign companies to approach the Companies Registration Dept. to adapt their legal status or deregistration their offices in accordance with the amended regime for branches of foreign companies No. 2 of 2017, which is in order to provide legal guidance and directions to facilitate the necessary procedures to adapt the legal status of these offices in accordance with current legislation. All concerned offices should complete the required procedures in a timely manner and meeting the specific legal requirements by either adapting the representative office to a branch or deregistration.”

Corporate Guide 2025

Corporate Guide 2025 offers an overview of #Iraq’s #tax system, incorporating insights from #Etihad_Law_Firm on recent developments and trends in corporate and taxes, along with #Hinka_Tax_Solutions contributions on the legal and practical aspects of taxation in the Iraq. It serves as a vital resource for businesses and professionals navigating Iraq’s tax landscape.

𝗖𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 𝗥𝗲𝗴𝗶𝘀𝘁𝗿𝗮𝘁𝗶𝗼𝗻 𝗗𝗲𝗽𝗮𝗿𝘁𝗺𝗲𝗻𝘁 𝗔𝗻𝗻𝗼𝘂𝗻𝗰𝗲𝗺𝗲𝗻𝘁

𝗖𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 𝗥𝗲𝗴𝗶𝘀𝘁𝗿𝗮𝘁𝗶𝗼𝗻 𝗗𝗲𝗽𝗮𝗿𝘁𝗺𝗲𝗻𝘁 𝗔𝗻𝗻𝗼𝘂𝗻𝗰𝗲𝗺𝗲𝗻𝘁 In accordance with Prim Minister instructions, requiring all local and #foreign companies that #shareholders and general manager submit the latest bill has been paid and don’t have any outstanding water and electricity bills owed to #government directorates. This announcement will implemented starting 6 Apr 2025, no transaction, documentation will be processed unless an updated bill and other required documents have been submitted.

Overview of Iraq’s General Business Law

Ahmed Hankawi – Recognised Lexology prepared by the #Etihad team Ahmed Al Hankawi Shayma Azeez Hatem Farah Mahmood in collaboration with #ChambersPartners, this guide provides key #insights into Iraq’s business landscape. It covers essential considerations for market entry, recent legislative changes, investment opportunities, #government priorities, potential challenges, and strategies for overcoming them.

Foreign Banks in Iraq: Branch vs Subsidiary vs Representative Office

Foreign Banks in Iraq: Branch vs Subsidiary vs Representative Office Foreign financial institutions entering Iraq may structure their presence as a branch, subsidiary, or representative office, each with distinct regulatory and commercial implications. Market Entry Models Branch: operational presence allowing regulated banking activities; requires CBI licensing and minimum capital allocation. Subsidiary: locally incorporated company fully subject to Iraqi banking regulations, tax, and corporate governance laws. Representative Office: non-operational structure limited to market research, promotional and liaison functions; does not conduct financial transactions. Strategic Considerations Regulatory supervision & reporting Capital adequacy & prudential requirements Taxation and profit repatriation Local management & staffing obligations Long-term market strategy