In order to register your foreign or domestic company, you will first need to reserve a name, then complete the registration forms. It mayalso be helpful to review the instructions for registration. A complete library of forms and instructions is available on this site. Click the link below to access them:
At the end of war world II, the
Iraqi Finance Ministry decided to adopt the Indian model
for companies/commercial license registration, which
later was passed over to the newly created Ministry of
Economy and then to the Ministry of Trade under Act 55
in 1959. One of the main tasks of this organization was
to register commercial businesses and companies but
under a completely legislated Iraqi Act that replaced
the Indian Model under Act 31 in 1957 which then was
amended in 1983 under Act 36 to keep the pace with the
vast economic and political changes in Iraq. After the
fall of regime in 2003 and the changes in the political
system, another amendment was required to create Act 64
in 2004 to serve the new political and economic changes.
In every country, the existence of an organization that
is responsible for registering commercial businesses and
companies will have a purpose with many benefits and
advantages including:
· Establishment of a complete record and database
of type, number, size and origin of each registered
business, which later can be used as economic indicators
for growth and development.
· Creating a new source of earning for the
Government in terms of taxes imposed on every business
or commercial license.
· Encouraging and motivating people to open and
start small businesses that are the foundation of the
private sector and a major pillar for the capital
economy.
· Encourage foreign investments and international
large corporations to establish a presence in the
country that will lead to new employment opportunities,
and large financial resources and hence strong buying
power of people and more economic gains and benefits.
Such factors are collected, standardized and published
yearly by an international institution like The World
Bank in a report called “Doing Business Report” to
identify which country is more open and attractive to
business and commercial activities.
Therefore, the new Iraqi government has taken major
steps through its “Government Program” to open the
country to foreign investments and businesses by
legislating and amending a series of laws and
regulations and improving business processes and
procedures that will diminish bureaucracy and routine.
Such courageous and important steps will improve Iraq’s
position in The World Bank report and hence improve the
country’s economic and political reputation
internationally.
This project or initiative is the first of many
initiatives in the “Government Program” that are part of
economic and business reforms and government’s strategy
to fight all type of corruptions and bureaucracy, which
affect directly every corner of life of citizens and the
community in general. At the end of war world II, the
Iraqi Finance Ministry decided to adopt the Indian model
for companies/commercial license registration, which
later was passed over to the newly created Ministry of
Economy and then to the Ministry of Trade under Act 55
in 1959. One of the main tasks of this organization was
to register commercial businesses and companies but
under a completely legislated Iraqi Act that replaced
the Indian Model under Act 31 in 1957 which then was
amended in 1983 under Act 36 to keep the pace with the
vast economic and political changes in Iraq. After the
fall of regime in 2003 and the changes in the political
system, another amendment was required to create Act 64
in 2004 to serve the new political and economic changes.
In every country, the existence of an organization that
is responsible for registering commercial businesses and
companies will have a purpose with many benefits and
advantages including:
· Establishment of a complete record and database
of type, number, size and origin of each registered
business, which later can be used as economic indicators
for growth and development.
· Creating a new source of earning for the
Government in terms of taxes imposed on every business
or commercial license.
· Encouraging and motivating people to open and
start small businesses that are the foundation of the
private sector and a major pillar for the capital
economy.
· Encourage foreign investments and international
large corporations to establish a presence in the
country that will lead to new employment opportunities,
and large financial resources and hence strong buying
power of people and more economic gains and benefits.
Such factors are collected, standardized and published
yearly by an international institution like The World
Bank in a report called “Doing Business Report” to
identify which country is more open and attractive to
business and commercial activities.
Therefore, the new Iraqi government has taken major
steps through its “Government Program” to open the
country to foreign investments and businesses by
legislating and amending a series of laws and
regulations and improving business processes and
procedures that will diminish bureaucracy and routine.
Such courageous and important steps will improve Iraq’s
position in The World Bank report and hence improve the
country’s economic and political reputation
internationally.
This project or initiative is the first of many
initiatives in the “Government Program” that are part of
economic and business reforms and government’s strategy
to fight all type of corruptions and bureaucracy, which
affect directly every corner of life of citizens and the
community in general