English | العربية

Iraqi Research Foundation for Analysis and Development

The Pulse of Iraq - Iraq Business, Research & More

  • Home
  • About IRFAD
    • Who We Are
    • Our Services
    • Our Clients
  • About Iraq
    • Overview of Iraq
    • Iraq Media
    • Iraq Business
    • Iraq Civil Society
    • Iraq Government
  • Travel to Iraq
    • How To
    • Visuals
  • Iraq Now
  • Contact

Iraq Investment Incentives

June 2, 2014 by Iraqi Research Foundation for Analysis and Development

To create a stronger and more fruitful investment environment in Iraq, the government issued amendments to Law 13 in 2006, and passed them in 2007. These legislative amendments were meant to aide in the attraction of foreign investors to Iraq.

Please read below for a list of Iraq investment incentives:

  • Non-Iraqis may own land for housing projects
  • Investment Commissions may form in governorates to address certain projects and perform duties effectively
  • Specify and restrict lands that are owned by the government to the national Investment Commission so that they are used for investment purposes
  • Foreign investors may repatriate capital brought into Iraq, and any profits earned
  • Investors may employ foreign labor
  • Investors may insure projects with any foreign or Iraqi insurance company
  • Investors may open bank accounts in Iraqi and non-Iraqi banks, in both foreign and Iraqi currency
  • Investors may reside in Iraq
  • Investors are allowed unimpeded entry and exit from Iraq
  • Investors are allowed to trade shares and bonds listed on the Iraqi Stock Exchange, and form investment portfolios.
  • Investors are allowed to lease land up to 50 years, subject to renewal
  • Investment Projects are protected from nationalization of any part of the project unless there is a legal sentence brought against the project

Please contact info@irfad.org to find out more about investment opportunities in Iraq.

Filed Under: iraq business development, Uncategorized Tagged With: Iraq Business, Iraq Business Development

Iraq 2014 Humanitarian Crisis – Refugee Camps, IDP Camps

Over the past decades, the Middle East region has been rocked by political instability, violence and economic insecurity. Iraq and its people have faced continual violence and instability—now under the threat of IS, the Islamic State. Currently, Iraq has thousands of internally displaced people, with numbers increasing each day. Civil war in Syria has also […]

Iraq Investment & Export Opportunity

Iraq has a growing economy despite political unrest over the past two decades; in 2012, the Iraqi economy grew by approximately 10 percent. One of the strongest areas for Iraqi economic investment and export to the West (specifically the United States) is oil. Oil While Iraq has the second largest proven oil reserves in the […]

Telecommunications in Iraq

Telecommunications is a booming business in Iraq, with estimated 48% penetration. There are 3 major licensed providers: Asiacell (successfully issued IPO in 2013) Zain Iraq Korek Telecom Other Telecommunication Companies include: Iraqi Telephone and Postal Company (ITPC) Itisaluna, Kalimat Telecom Iraqtel VitalTel Hi Link Telecom Omnnea Newroz Telecom Regional Telecom (new in 2013) Since 2003, […]

Book Launch

Connect

  • Email
  • Facebook
  • LinkedIn
  • Twitter

Contact IRFAD

info@irfad.org

Search

© Copyright 2014 IRFAD · All Rights Reserved · View our Privacy Policy ·

  • English