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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

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Summary of the procedure

Institutions involved 6 expand_more expand_less

Federation of Iraqi chambers of commerce/ FICC (x 8)
Any accredited bank (x 2)
Ministry of trade - registrar of companies website (x 2)
Ministry of Trade - Registration of companies directorate (x 7)
Al-Rasheed bank

Results 1 expand_more expand_less

Registration license for local company

Required Documents expand_more expand_less

Trade name reservation request (x 2)
Letter declaring that the entrepreneur is not a civil servant (x 10)
Request approval letter (x 9)
Orientation command to computer database
Trade name initial acceptance (IP)
Orientation command to DG and account dept.
Director general approval
Trade category fees receipt (IP)
Stamp of cash receipt (IP)
Audit stamp
Trade fee receipt audited (IP) (x 3)
Trade name admin fee receipt (IP)
Stamp of trade name admin fee receipt (IP)
Audited trade name fees stamp_1.
Audited trade name admin fee receipt (IP) (x 2)
Information form
Reservation approval stamp
Orientation command to print
Original copy of initial approval letter (x 2)
Copy of initial approval letter
Orientation command to DG signature
DG signature on original copy of initial approval letter (x 2)
DG signature on copy of initial approval letter (x 2)
Company trade name letter - simple
Initial approval letter for trade name
Trade name check
Trade name approval
Registered initial approval letter
Stamped initial approval letter
Printed trade name letter
Signed trade name letter
Deposit request letter
Trade name letter (x 2)
Deposit confirmation letter (x 3)
Memorandum of association (x 3)
Initial approval for local company (x 3)
Company trade name letter
Commitment to abide by regulations (x 2)
Commitment for not using ration card (x 2)
Commitment to the accuracy of information (x 2)
Company registration form (x 2)
Confirmation of trade name
Approved of application for trade name
Voucher for local company (x 2)
Payment receipt (cheque)
Stamped payment receipt
Payment receipt
Receipt

Estimated cost IQD  3,434,930

expand_more expand_less

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

IQD 500,000
as maximum for trade category related to Contracting Company - Pharmacy - Tourism - Travel - Hajj and Umrah - Banking Company - Oil - Security - Drugstores
IQD 0
as maximum for trade category related to Other companies not mentioned above
IQD 200,000
as maximum for trade category related to companies not affiliated with the Chamber
IQD 1,000
IQD 1,500
up to 5000 IQD
IQD 1,000,000
Currencies buy and sell company, Oil services company, Security services company, Medical supplies company, Demining company
IQD 500,000
Airlines company, Travel and tourism company, Contracting company, Hajj and umrah company, Tourist hotel company
IQD 150,000
Trade companies and commercial agencies, Public services company, Agriculture company, Food supply company, Shipping and unloading company, Public transport company, Hunting rifles and it’s accessories company, Internet services company, Training and human development company, Real estate investment company
IQD 1,000
Save documents
IQD 1,000,000
Minimum deposit amount
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
IQD 30 -
0.003 % capital amount
The minimum capital is IQD 1,000,000
1,000,000 mode_edit

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): 50mn 4h. 15mn
Attention at counter: 2h. 15mn 5h. 40mn
Waiting time until next step (sum): 5 d 11 d

Laws 15 expand_more expand_less

Company Law-21 of 1997 Registration Company law-21 of 1997 registration
Federal Budget Law - Republic of Iraq - 2018 Federal budget law - Republic of Iraq - 2018
Instructions no. 6 of 1985 of trade names and commercial registration numbers Instructions no. 6 of 1985 of trade names and commercial registration numbers
Iraqi Civil law Iraqi civil law
Law of commerce No 30 of 1984 Law of commerce 1984
law of  Stamp fees 2012 Law of stamp fees 2012
Law of the Federation of Iraqi Chambers of Commerce Law of the federation of Iraqi chambers of commerce
Law of the federation of Iraqi chambers of commerce Law of the federation of Iraqi chambers of commerce
Commercial Agency Law regulating the commercial agency no. 51 of year 2000
Registration Agency Law No. 4 of 1999 Registration agency law no.4 of 1999
Trade law Trade law
Trade Names System and Commercial Registration No. (6) for the year 1985 Trade names system and commercial registration 1985
System No. 6 of 1985 on Trade Names and Commercial Registration Numbers Trade names system and commercial registration 1985
القرارات التشريعية للرسوم حجز الاسم التجاري القرارات التشريعية للرسوم حجز الاسم التجاري
قائمة الأجور على أساس فئة التجارة قائمة الأجور على أساس فئة التجارة
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