Requirements for registration of
branches of foreign companies:
1. The foreign company must be registered
under the laws of the parent country and have successfully completed its
first financial year. Also, the company's financial condition must be in
good shape.
Identification and documents
required for the registration of branches of a foreign company in the Kurdistan
Region:
1. Certificate of company registration
2. a certified copy of the articles of
incorporation or internal procedures of the parent company or entity or
anything else that replaces it, provided that it contains the names of the
members of the board of directors who are authorised to sign on its
behalf.
3. A certiA certified copy of the company's
or organisation's financial statements together with the corresponding
board of directors' reports to these accountants, including a detailed
written copy.ied copy of the last final accounts of the company or
establishment with the report of the board of directors attached to these
accounts, which also includes a copy of the auditor's entry.
4. Prepared pledge alongside translate copy
of the pledge in Arabic and English
5. All documents must be certified by the
relevant authorities, the Embassy of Iraq or the representative of the
Kurdistan Regional Government in the parent's country
6. National identity card and information
card (if the branch manager holds Iraqi nationality)
7. Passport and residence card (if the
branch manager holds foreign citizenship)
Registration fee for a foreign
company:
1.(200,000) Two hundred thousand dinars,
registration fee
2. (50,000) Fifty thousand dinars document
checking fee
3. (25,000) Twenty five thousand dinars
examination fee
4. (25,000) Twenty five thousand dinars
publishing fee
Other relevant parties that you
should visit after registering branch of foreign company branch
After receiving the registration permit,
the documents of these parties and authorities are required:
1. The syndicate of lawyers for appointing a
lawyer
2. The syndicate of accountants for
appointing an accountant
3. The directorate of corporate income
taxation to administer the branch of the company
4. The directorate of social security to
administer the branch of the company
5. Ministry or relevant departments involved
in the company’s business activity
To register a company electronically, please visit the companies registration portal via this link.