1. Registering a business
  2. Registering a local company via OSW - ( Industrial activities )
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Steps (19) arrow_drop_up arrow_drop_down
Get trade name approval letter (IFI)  (8) expand_more expand_less
Obtain capital deposit approval  (2) expand_more expand_less
Pepare company documents  (1) expand_more expand_less
Apply for company registration and pay fees via OSW  (1) expand_more expand_less
Verify company file request via OSW  (1) expand_more expand_less
Verify company file request  (5) expand_more expand_less
Get company registration license  (1) expand_more expand_less

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Summary of the procedure

Institutions involved 4 expand_more expand_less

Iraqi Federation of Industries - (IFI) (x 8)
1 2 3 4 5 6 7 8
Any accredited bank (x 2)
9 10
Iraqi Bar Association
11
Ministry of Trade - Registration of companies directorate (x 8)
12 13 14 15 16 17 18 19

Results 1 expand_more expand_less

Local company registration license
19

Required Documents
Legal persons Representatives
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Trade name request form
1
National ID (x 7)
1 9 10 12 14 15 17
Residence card (x 6)
1 9 12 14 15 17
Orientation command to computer department
2
Verify trade name availability
3
Command For Trade Name Acceptance
4
Director General Approval Comment Of Trade Name
5
IFI letter (x 2)
6 7
IFI President Signature on trade name letter
8
Trade name letter issue from IFI (x 5)
9 12 14 15 17
Deposit request letter
9
Sample of Memorandum of Association (MoA) sample
11
Sample of Memorandum of Association (MoA) sample
Ration card (x 4)
12 14 15 17
Bar association ID
12
Company registration license
12
Letter confirming the decision of becoming shareholder
12
Decision of the board to create a company
12
Power of attorney
12
E-Payment reciept (x 4)
14 15 17 18
Signed company registration form (x 3)
14 15 17
Name verification request form
16
Approved of file application for Company trade name
17
Company registration license (x 3)
14 15 17
Letter confirming the decision of becoming shareholder (x 3)
14 15 17
Decision of the board to create a company (x 3)
14 15 17
Representatives
Power of attorney (x 6)
1 9 10 14 15 17
Bar association ID (x 3)
1 9 10

Estimated cost IQD  1,210,000

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USD expand_more expand_less
  • USD Add Name Here
IQD 210,000
Trade name fee
IQD 1,000,000
Minimum deposit amount

Total Duration 5 d - 12 d expand_more expand_less

  Min. Max.
Total time (sum): 5 d 12 d
of which:
Waiting time in queue (sum): 20mn 1h. 25mn
Attention at counter: 25mn 1h. 55mn
Waiting time until next step (sum): 5 d 11 d

Laws 12 expand_more expand_less

Company Law-21 of 1997 Registration Company law-21 of 1997 registration (as amended in 2004) - Arabic
  articles 13, 16
company law 21 as amended in 2004 Company law-21 of 1997 registration (as amended in 2004) - English
  articles 13, 16
IFI agency fees IFI agency fees
IFI trade name fees IFI trade name fees
Iraqi Civil law Iraqi civil law
Iraqi Federation of Industries Law No. 34 of 2002 Iraqi Federation of Industries Law No. 34 of 2002
  articles 17, 34
Law of the Legal Profession, No. 173 of 1965 Law of the Legal Profession, No. 173 of 1965 (amended) - Arabic
  Article 34
Law of the Legal Profession, No. 173 of 1965 - English Law of the Legal Profession, No. 173 of 1965 (amended) - English
  Article 34
Commercial Agency Law regulating the commercial agency no. 51 of year 2000
List of accredited banks List of accredited banks
Registration Agency Law No. 4 of 1999 Registration agency law no.4 of 1999
Trade law Trade law
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