If you looking to register a new company in Iraq or register an Iraqi branch for your company, here’s what you need to know:

-The types of companies you can register in Iraq

In Iraq you can register an LLC company, Company branch, Representation office, Joint venture company.

-Your name is everything

When you choose a name to register as, it must be in Arabic or Kurdish with a clear meaning that describes what you do. It cannot be a country name.

-You need to have a minimum amount of capital

The minimum capital for a LLC when starting up is 1,000,000 IQD (about US$680/£560).

-Non-Iraqis can hold shares

Company shares can be held by Iraqis and non-Iraqis but must only own 49% of the shares the other 51% must go to an Iraqi shareholder.

-You need a local address

All companies must demonstrate they have a physical address and a bank account in Iraq.

-You need a local lawyer and accountant

All companies must hire a local accountant and legal adviser.

All international companies that wish to register in Iraq must be registered in the mother country for two years and show no losses in the Financial Statement.

We can help you for start to finish. GHI can provide the following services:

– Company Registration and documents review

– Work permit

– Registration approval

To find out more about what we can do to help you in Iraq, contact us today – info@ghilegal.com +971 4275 6406