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  1. Registering a business
  2. Registering a local company- capital more than IQD 70 million (initial procedure)
Summary print

Preview & Print

Properties

Steps (36) arrow_drop_up arrow_drop_down
Request a trade name  (16) expand_more expand_less
Obtain a trade name  (8) expand_more expand_less
Obtain deposit approval  (2) expand_more expand_less
Obtain registration approval  (9) expand_more expand_less
Get local registration license  (1) expand_more expand_less

33
Pay registration fees (Al Rasheed bank)
(last modified: 02/05/2019)

Contact details

Entity in charge

Al-Rasheed bank

Al-Mansour, baghdad international exhibition ,

Unit in charge

Counter

Mon: 08:30 - 01:30
Tue: 08:30 - 01:30
Wed: 08:30 - 01:30
Thu: 08:30 - 01:30
Fri: closed
Sat: closed
Sun: 08:30 - 01:30

Person in charge

Asmaa Muhammad Zughayer, Shaima Adnan Abd, Ilham Hadi Ibrahim, Huda Kazem Kazar

Accountant
Tel: +964 783 061 5525 ,+964 790 159 6139 / +964 773 807 5401,+964 790 218 0494

Expected results

Payment receipt (cheque)

Requirements
Representatives

1. 01 - Libre deuda de patente
Voucher for local company (original)
2. 01 - Libre deuda de patente
National ID (original)
In case of authorized person
1. 01 - Libre deuda de patente
Power of attorney (original)
2. 01 - Libre deuda de patente
Bar association ID (original)

Cost IQD  81,430

USD expand_more expand_less
  • USD Add Name Here
This is an estimate based on a series of assumptions which you can modify to calculate your own costs:

Cost detail

Estimate your cost

Fix costs
IQD 20,000
Registration fees
IQD 650
Stamp duty of company contract and company establishment request
IQD 1,000
Fee for the consultancy services provided on how to establish simple companies
IQD 5,000
Fee for certifying the information of founders
IQD 750
Fee for request archiving
IQD 1,000
Advocacy fee
IQD 25,000
Publication of the invitation of the General Assembly in the Special Bulletin Or publishing the decision to establish a company, liquidation or permit Amend a contract or decision to be deleted in the company prospectus
IQD 5,000
Verification if the shareholders are holding shares in other companies
IQD 5,000
Audit the establishment contract of the company to be established
IQD 10,000
Request advocacy
IQD 5,000
Application for the preservation and ratification of foundation contracts
IQD 1,000
Fees to grant the reviewers form
IQD 2,000
Fees cashier grants form
Non fix cost
IQD 30 -
0 % capital amount
The minimum capital is IQD 1,000,000
1,000,000 mode_edit
Payment methods: cash
For fees that amount more than IQD 250,000 , that payment will be made by a certified cheque with amount for the purpose of paying the fees. If the fees are less than IQD 250,000 , the payment will be made in cash directly in the (Account section - Ministry of Trade - Registration of companies directorate).
Wages list- الاجور Wages list- الاجور
Companies registration guide- دليل تسجيل الشركات Companies registration guide- دليل تسجيل الشركات
Fees- الرسوم Fees- الرسوم

Time frame

Waiting time in queue: Min.   5mn - Max.  15mn
Attention at counter: Min.   10mn - Max.   30mn

Additional information

Required only when the amount of voucher is above 250000 IQD.

Recourse

Entity in charge

Al-Rasheed bank

Al-Mansour, baghdad international exhibition ,

Unit in charge

ِAl-Rasheed bank manager office

Mon: 08:00 - 12:00
Tue: 08:00 - 12:00
Wed: 08:00 - 12:00
Thu: 08:00 - 12:00
Fri: closed
Sat: closed
Sun: 08:00 - 12:00

Person in charge

Shahla Mahdi Saleh

Al-Rasheed bank manager - Baghdad International Fair Branch
Tel: +964 790 122 6528
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