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Properties

Print the full procedure

Print selected step:

Include recourse information

Include certification

Steps (36)

Request a trade name (16)

1 Obtain request approval letter

2 Get orientation command to computer database

3 Verify trade name availability

4 Get orientation command to general director approval and fund payment

5 Get initial approval of trade name

6 Pay fees according to trade category

7 Audit payment and get stamp

8 Pay trade name admin fees

9 Audit payment and get stamp (trade name admin fees)

10 Get initial approval stamp

11 Get a draft print command

12 Get printed forms

13 Get orientation command to director general signature

14 Obtain DG signature on initial approval letter

15 Get issue date for initial approval letter

16 Get initial approval letter

Obtain a trade name (8)

17 Verify initial approval letter

18 Check trade name and stamp the letter

19 Obtain trade name approval

20 Register the initial approval letter

21 Pay fees and stamp the letter

22 Get printed letter of trade name

23 Obtain signature on the printed trade name letter

24 Obtain trade name

Obtain deposit approval (2)

25 Deposit capital amount

26 Get deposit confirmation letter

Obtain registration approval (9)

27 Apply for registration online

28 Receive initial approval

29 Get badge card

30 Verify documents

31 Trade name check

32 Obtain list of fees

33 Pay registration fees (Al Rasheed bank)

34 Verify payment and get stamp

35 Get receipt

Get local registration license (1)

36 Get registration license

Summary of the procedure

Institutions involved 6

Baghdad chamber of commerce (BCC) (x 16)

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16

Federation of Iraqi chambers of commerce/ FICC (x 8)

17 18 19 20 21 22 23 24

Any accredited bank (x 2)

25 26

Ministry of trade - registrar of companies website (x 2)

27 28

Ministry of Trade - Registration of companies directorate (x 7)

29 30 31 32 34 35 36

Al-Rasheed bank

Results 1

Registration license for local company

Required Documents
Representatives

Trade name reservation request (x 2)

1 2

Letter declaring that the entrepreneur is not a civil servant (x 10)

1 2 3 4 5 6 8 9 10 11

National ID (x 19)

1 2 3 4 5 6 8 9 10 11 17 25 26 27 29 30 33 35 36

Request approval letter (x 9)

2 3 4 5 6 8 9 10 11

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)

8 10 11

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)

10 11

Information form

Reservation approval stamp

Orientation command to print

Original copy of initial approval letter (x 2)

13 14

Copy of initial approval letter

Orientation command to DG signature

DG signature on original copy of initial approval letter (x 2)

15 16

DG signature on copy of initial approval letter (x 2)

15 16

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)

27 35

Deposit confirmation letter (x 3)

27 30 35

Memorandum of association (x 3)

27 30 35

Initial approval for local company (x 3)

29 30 35

Company trade name letter

Commitment to abide by regulations (x 2)

30 35

Commitment for not using ration card (x 2)

30 35

Commitment to the accuracy of information (x 2)

30 35

Company registration form (x 2)

30 35

Confirmation of trade name

Approved of application for trade name

Voucher for local company (x 2)

33 34

Payment receipt (cheque)

Stamped payment receipt

Payment receipt

Receipt

Representatives

Bar association ID (x 10)

1 2 3 4 5 6 8 9 10 11

Power of attorney (x 19)

1 2 3 4 5 6 8 9 10 11 17 25 26 27 29 30 33 35 36

Bar association ID (x 9)

17 25 26 27 29 30 33 35 36

Estimated cost IQD 3,434,930

USD

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

Total Duration 5 d - 12 d

	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