Shareholder Structures in Iraqi Companies
Shareholder structures define ownership percentages, voting power, distribution rights, and governance participation within companies operating in Iraq. Under Companies Law No. 21 of 1997 (as amended), shareholder arrangements are reflected in the company’s Articles of Association, shareholder registers, and contractual agreements between partners.
Elements of Shareholder Structuring
- Share ownership percentages and classes
- Voting rights and decision-making thresholds
- Board representation and management authority
- Dividend and profit distribution rights
- Minority protection mechanisms
- Share transfer rules and pre-emption rights
- Exit and buyout mechanisms between shareholders
Purpose and Legal Benefits
- Reduces ownership and governance disputes
- Protects investor and minority shareholder rights
- Clarifies authority over corporate decisions
- Facilitates continuity in succession and transfer situations
- Supports regulatory compliance during share transfers or restructuring
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.