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  1. Investor services
  2. Investment license for housing projects below US$ 250 million (Foreign company)
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
★ Get project finance plan letter Optional
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4
Request for initial approval to get a land
(last modified: 03/05/2021)

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

BIC reception hall

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
Email: onestopshop@baghdadic.gov.iq

Expected results

Initial approval to get land

Requirements

1. 01 - Libre deuda de patente
Request for land (original)
The land is obtained by announcing an investment opportunity at the website
2. 01 - Libre deuda de patente
Executive summary of the project (original)
3. 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
4. 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.
5. 01 - Libre deuda de patente
Project completion timeline (original)
6. 01 - Libre deuda de patente
Architectural designs for the residential project (original)
7. 01 - Libre deuda de patente
Bank guarantee (original)
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)
ID card of legal representative of investor

Time frame

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

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)

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

Chairman office

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

Haider Abd-elhady Jaber

Chairman of BIC
Tel: +964 781 528 3575
Email: chairmanoffice@baghdadic.gov.iq
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