Welcome to Iraq
We have embarked on a mission of rebuilding Iraq by attracting Iraqi, Arab, and foreign capital investment. Such investment will contribute to the transfer of knowledge and technology in all Iraqi economic sectors currently being transformed from centralized economy to a market economy based on free competition, equal opportunity and the development of the private sector. The year 2012had witnessed receiving many official delegations, businessmen and international companies and holding various forums with signing several agreements that facilitate the smooth entrance of investors into Iraq and guaranty them lots of privileges and incentives according to investment Law 13 of 2006:
- The One Stop Shop in the National and Provincial Investment Commissions which facilitate the processing of the investment licenses applications, issuing the license, allocating the land, securing tax exemptions, and facilitating the entry and exit of investors and their employees.
- Providing potential investors with the updated Investment Map which lists the investment opportunities with a geographic description at the different provinces as well as a product and service sectoral description.
- The Investor Guide, which provides the necessary information to facilitate entry and exit procedures to and from Iraq and how to enjoy the many benefits of the investment law.
- Amendment of Investment Law 13 of 2006 which guarantees the ownership of land by local, Arab and foreign investors for housing projects based on law No. 2 of 2010 and the amendment of the Statute (7) which organizes the lease rates for lands invested in the various fields.
We are happy to address any questions, concerns, or suggestions you may have. Please email us or visit our headquarters in Baghdad. We are committed to providing all necessary services to achieve a mutually beneficial relationship.
Dr. Sami Al Araji
National Investment Commission
Latest at NIC
NIC and Hanawah South Korean Company holds the Ceremony of Opening the Precast...
With the Attendance of H.E Prime Minister, Nuri al- Maliki NIC and Hanawah South Korean Company holds the Ceremony... More..
The Netherland Embassy in Baghdad Organizes an Expanded Meeting with the Iraqi...
In Cooperation with the NIC The Netherland Embassy in Baghdad Organizes an Expanded Meeting with the Iraqi Private Sector... More..
Holding the First International Festival for Air Activities in Babylon Province
With the participation of different countries Holding the First International Festival for Air Activities in Babylon Province Under the... More..
Starting the Construction of the First Buildings in Bismayah New City Project
Starting the Construction of the First Buildings in Bismayah New City Project The process of building the first housing... More..
NIC holds a Conference to Develop Franchise Opportunities in Iraq
For the Purpose of allowing access of International Franchise to Iraq NIC holds a Conference to Develop Franchise Opportunities... More..
NIC Receives the Australian Minister of Agriculture
For the Purpose of Developing the Agricultural Sector in Iraq NIC Receives the Australian Minister of Agriculture NIC Chairman,... More..
NIC organizes a visit for Registrars wishing to have access to Bismayah New City...
For the Purpose of viewing the latest stages of work on Bismayah New City Project NIC organizes a visit... More..
NIC Chairman Participates in launching the Vocational Training Center Bismayah...
For the Purpose of upgrading and developing National Skilled Labor force NIC Chairman Participates in launching the Vocational Training... More..
The end of next March Launching the Operations of the Construction in Bismayah New City Project March shall witness... More..
NIC Holds the Iraqi – Canadian Business and Investment Forum
Under the patronage H.E. Prime Minister, Mr. Nuri Kamal al-Maliki NIC Holds the Iraqi – Canadian Business and Investment... More..