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Business registration in Iraq
Business Registration in Iraq. Corporate legal services, in Baghdad Erbil: Lead Counselors maintains a long experience in company set up in Iraq, registering and establishing different types of companies and business entities as well as branch offices both in Iraq / Baghdad, and in the Kurdistan Region of Iraq. We also help in share transfer process and paperwork, and registering representative offices for foreign companies in Iraq.
Company Set up and Corporate Legal Services
We help companies with their business and to invest in Iraq according to the law.
Business registration in Iraq is regulated according to the Iraqi Company Law No. (21) of (1997) as amended “The company is a contract binding two or more persons. Each person shall subscribe to the economic project by a quota of the capital or service in order to share the resulting profit or loss”.
Types of companies according to the Iraqi law are:
- The joint stock Company,
- The limited liability Company,
- The joint liability Company,
- The sole owner enterprise, and
- The simple company.
Most importantly we help our clients who are not Iraqi citizens to set up their business in Baghdad, Basra and Erbil. Business registration in Iraq even without coming to Iraq is possible with some conditions. Contact us for more information about how to set up your business in Iraq or Kurdistan region.