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Properties

Preview & Print

Properties

Steps (35) 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  (8) expand_more expand_less
Get local registration license  (1) expand_more expand_less

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Summary of the procedure

Institutions involved 5 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)

Results 1 expand_more expand_less

Registration license for local company

Required Documents expand_more expand_less

Trade name reservation request (IP) (x 2)
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)
Initial approval letter for trade name (x 2)
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
Payment receipt (cheque)
Stamped payment receipt
Payment receipt
Receipt

Estimated cost IQD  3,356,750

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USD expand_more expand_less
  • USD Add Name Here

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
For charity
IQD 4,750
fees for reservation the trade name
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

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): 45mn 4h.
Attention at counter: 2h. 5mn 5h. 10mn
Waiting time until next step (sum): 5 d 11 d

Laws 18 expand_more expand_less

1- List of accredited banks 1- List of accredited banks http://www.mot.gov.iq/upload/upfile/ar/814.pdf
2- List of accredited banks 2- List of accredited banks http://www.mot.gov.iq/upload/upfile/ar/851.PDF
Company Law-21 of 1997 Registration Company law-21 of 1997 registration (as amended in 2004) - Arabic
  Article 16
company law 21 as amended in 2004 Company law-21 of 1997 registration (as amended in 2004) - English
  Article 16
Decision on registration fee Decision on registration fee
Federal budget law - Republic of Iraq - 2021 Federal budget law - Republic of Iraq - 2021
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
قائمة الأجور على أساس فئة التجارة قائمة الأجور على أساس فئة التجارة
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