Formation of New Companies

Formation and Administration of New Companies

Would you like to form or register your company in Iraq? At Al Nesoor we have specialist team of expert who work around the clock to satisfy our client’s deadlines and projects, Nesoor has helped foreign entity to register their branch in Iraq giving them a peace of mind.

Private limited companies are by far the most common form of company incorporated in Iraq. It may have the status of a public or private company. A limited liability company may be registered by the shareholders or their authorised agent. We at Al Nesoor Law Firm can carry out all necessary formalities for our clients. The approval of the Registrar of Companies is required prior to setting up of a company. This is provided subject to the requirements indicated hereunder being satisfied. In the case of companies which are to operate in particular sectors; e.g. In the Financial Services area, licenses are necessary for companies wanting to do business as credit institutions, insurance companies, investment firms and trustee companies. Types of Iraqi companies may take a wide variety of types, including the following:

  • Sole Proprietorship
  • Partnership
  • Cooperative
  • Limited Liability Company (private or public)
  • Branch of an Overseas Company
  • Trust
  • Foundation (private or purpose foundations)