Summary print

Preview & Print

Properties

Steps (8) arrow_drop_up arrow_drop_down
Get land map of the project  (2) expand_more expand_less
Get a study of the project expand_more expand_less
Submit investment application  (5) expand_more expand_less
Get investment license  (1) expand_more expand_less
Open a current bank account expand_more expand_less
Create bank account Optional
Get check book Optional
Get project finance plan expand_more expand_less
flag

7
Apply for investment license and land allocation
(last modified: 17/10/2019)

Timeframe ( ver detalles )

Espera hasta paso siguiente

0 mn  -  0 mn
10 days  -  45 days

Contact details

Entity in charge

Baghdad provincial building - Baghdad investment commission (BIC)

Salhia street near Sinak bridge 8th floor , Baghdad
Email: chairmanoffice@baghdadic.gov.iq
Website: http://www.baghdadic.gov.iq/

Unit in charge

One stop shop dept.

Mon: 08:00 - 14:30
Tue: 08:00 - 14:30
Wed: 08:00 - 14:30
Thu: 08:00 - 14:30
Fri: closed
Sat: closed
Sun: 08:00 - 14:30

Person in charge

Marwan Abdulrazaq Hammad

Reception employee
Tel: +964 790 549 0019

Expected results

Investment application approved

Requirements

1. Investment application
Investment application (original)
2. 01 - Libre deuda de patente
Initial approval to get land (original)
3. 01 - Libre deuda de patente
Executive summary of the project (original)
4. 01 - Libre deuda de patente
Similar projects (original)
A previous investment license and any other business within the company's activities and projects executed inside and outside Iraq for the investor.
5. 01 - Libre deuda de patente
Economic feasibility study for the land project (original)
Details of the project intended to invest in and its economic feasibility.
6. 01 - Libre deuda de patente
Project completion timeline (original)
7. 01 - Libre deuda de patente
Bank guarantee (original)
The investor provides a guarantee from the bank outside Iraq to ensure the financing of the project.
8. Parent company guarantee
Parent company guarantee (original)
9. 01 - Libre deuda de patente
Registration license (original)
Issued by the Companies Registration Department
10. 01 - Libre deuda de patente
Registration license of the parent company (original)
issued from the country in which it originated
11. 01 - Libre deuda de patente
Memorandum of association (original)
12. 01 - Libre deuda de patente
Power of attorney (original)
13. 01 - Libre deuda de patente
Minutes of Meeting (original)
14. 01 - Libre deuda de patente
ID or passport (Simple copy)
For authorized persons

Time frame

The investor will be inform by a phone call or Email by the BIC
Waiting time in queue: Min.   5mn - Max.  10mn
Waiting time until next step: Min.   10 days - Max.   45 days

Legal justification

1. Article(19) second - from law (13) year 2006 (Arabic)
Article(19) second - from law (13) year 2006 (Arabic)
2. Article(19) second - from law (13) year 2006	(English)
Article(19) second - from law (13) year 2006 (English)

Additional information

The application form can be found on the website of the Baghdad Investment Commission , But it is for viewing only. http://www.baghdadic.gov.iq/ar/node/342
Investment application طلب اجازة استثمار Investment application طلب اجازة استثمار

Recourse

Entity in charge

Baghdad provincial building - Baghdad investment commission (BIC)

Salhia street near Sinak bridge 8th floor , Baghdad
Email: chairmanoffice@baghdadic.gov.iq
Website: http://www.baghdadic.gov.iq/

Unit in charge

One stop shop dept.

Mon: 08:00 - 14:30
Tue: 08:00 - 14:30
Wed: 08:00 - 14:30
Thu: 08:00 - 14:30
Fri: closed
Sat: closed
Sun: 08:00 - 14:30

Person in charge

Alaa Muhsen

One stop shop manager
Tel: +964 770 580 7277
Powered by eRegulations ©, a content management system developed by UNCTAD's Business Facilitation Program and licensed under Creative Commons License