Iraq: Company Formation & Registration
Average Engagement Cost: €18,400
15% TaxOil-Rich EconomyReconstruction Opportunity
Establish your business in Iraq, the world's second-largest proven oil reserves and a major post-conflict reconstruction opportunity with significant infrastructure investment.
Advantages
- ✓ World's second-largest proven oil reserves
- ✓ Major reconstruction opportunities in infrastructure, housing, and services
- ✓ 15% corporate tax rate
- ✓ Young and growing population of 42 million
- ✓ Government investment in economic diversification
Important Considerations
- ! Ongoing security risks in certain regions
- ! Complex regulatory and bureaucratic environment
- ! Language barrier — official business in Arabic
- ! Banking infrastructure underdeveloped
- ! Currency (Dinar) restrictions
Key Facts
15%
Corporate Tax
8-12 weeks
Setup Timeline
IQD 1,000,000
Min. Capital
1 minimum
Directors
Popular Business Entities
LLC (Limited Liability Company)
Setup Time8-12 weeks
Min. CapitalIQD 1,000,000 minimum
Tax Rate15%
LiabilityLimited
Company Formation Process
1
Name Reservation
Reserve your company name with the relevant authority
1-2 days2
Document Preparation
Prepare incorporation documents and Articles of Association
2-3 days3
Company Registration
Submit incorporation application and obtain Certificate
1-2 weeks4
Bank Account
Open corporate bank account with major banks
2-6 weeks5
Compliance Setup
Set up accounting, tax registration and compliance framework
1-2 weeksConfigure Your Package
Customize your company formation with add-on services and choose your payment method.
6 Steps
Jurisdiction, entity, add-ons, urgency, payment & review
Instant Quote
Get real-time pricing with add-on services
3 Payment Options
Quote, card payment, or bank transfer
Frequently Asked Questions
Related Jurisdictions
Ready to Register Iraq?
Our experts are ready to help you achieve your business goals in Iraq.