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• The Second Amendment (2015) to the 2015 ‫وازال اﻟﺘﻌﺪﯾﻞ اﻟﺜﺎﻧﻲ ﻟﻘﺎﻧﻮن اﻻﺳﺘﺜﻤﺎر ﻟﺴﻨﺔ‬
National Investment Law also clarifies ‫اﻟﺘﻌﺎرض ﺑﯿﻦ ﻗﺎﻧﻮن اﻻﺳﺘﺜﻤﺎر واﻟﺘﺸﺮﯾﻌﺎت اﻻﺧﺮى‬
previous contradictions between the ‫واﻟﻤﺘﻌﻠﻘﺔ ﺑﺘﻨﻈﯿﻢ ﺗﻤﻠﻚ اﻟﻤﺴﺘﺜﻤﺮاﻟﻌﺮاﻗﻲ واﻻﺟﻨﺒﻲ‬
National Investment Law and other ‫ي( ﻟﻠﻤﻠﺤﻖ اﻻول‬-‫ ) اﻧﻈﺮ اﻟﺠﺰء اﻟﺴﺎﺑﻊ )أ‬.‫ﻟﻠﻌﻘﺎر‬
Iraqi legislations that arose between
regulations on Iraqi or foreign .(‫ﻟﻘﺎﺋﻤﺔ ﻗﻮاﻧﯿﻦ اﻟﺘﻲ ﻻﺗﻄﺒﻖ ﻓﻲ ﺣﺎﻟﺔ اﻻﺳﺘﺜﻤﺎر‬
investors who own land. (See Part
Seven (A-E) of Appendix I for a list of ‫ اﻟﻤﺰاﯾﺎ واﻟﻀﻤﺎﻧﺎت اﻟﻘﺎﻧﻮﻧﯿﺔ ﻟﻠﻤﺴﺘﺜﻤﺮﯾﻦ‬:‫راﺑﻌﺎ‬
which laws are excluded from the
National Investment Law regulations). ‫اﻟﻀﻤﺎﻧﺎت واﻟﻤﺰاﯾﺎ اﻟﻘﺎﻧﻮﻧﯿﺔ اﻟﺘﻲ ﺗﺘﺮﺗﺐ ﻋﻠﻰ ﻣﻨﺢ‬
‫إﺟﺎزة اﻹﺳﺘﺜﻤﺎر ﻟﻠﻤﺴﺘﺜﻤﺮﯾﻦ اﻟﻌﺮاﻗﯿﯿﻦ واﻷﺟﺎﻧﺐ‬
D. INCENTIVES AND GUARANTEES
FOR INVESTORS :‫ﺑﻤﻮﺟﺐ ﻗﺎﻧﻮن اﻻﺳﺘﺜﻤﺎر ھﻲ‬
‫• ﯾﺤﺪد اﻟﻔﺼﻞ اﻟﺜﺎﻟﺚ ﻣﻦ ﻗﺎﻧﻮن اﻹﺳﺘﺜﻤﺎر‬
The legal benefits and privileges from
obtaining an investment license for Iraqi and .‫اﻟﻀﻤﺎﻧﺎت واﻟﻔﻮاﺋﺪ واﻟﻤﺰاﯾﺎ اﻟﻌﺎﻣﺔ‬
foreign investors under the NIC are listed in:
‫• اﻟﻔﺼﻞ اﻟﺨﺎﻣﺲ ﻣﻦ ﻗﺎﻧﻮن اﻹﺳﺘﺜﻤﺎر ﯾﺤﺪد‬
• Chapter Three of the National .‫اﻹﻋﻔﺎء ﻣﻦ اﻟﻀﺮاﺋﺐ ورﺳﻮم اﻟﻜﻤﺎرك‬
Investment Law, which outlines
general guarantees, benefits and ‫ اﻟﻤﻌﻠﻮﻣﺎت واﺳﺘﻤﺎرة اﻟﻄﻠﺐ‬،‫• اﻟﺸﺮاﻛﺔ اﻟﻤﺤﻠﯿﺔ‬
privileges. .‫ﻣﻮﺟﻮدة ﻋﻠﻰ ﻣﻮﻗﻊ اﻟﮭﯿﺌﺔ اﻟﻮطﻨﯿﺔ ﻟﻺﺳﺘﺜﻤﺎر‬

• Chapter Five of the National ‫ اﻟﻀﻤﺎﻧﺎت واﻟﻤﺰاﯾﺎ‬.1
Investment Law, which outlines tax ‫• ﺣﻖ ﺷﺮاء وﺑﯿﻊ اﻷﺳﮭﻢ وﺳﻨﺪات اﻟﺨﺰﯾﻨﺔ‬
and customs duties exemptions.
.‫اﻟﻤﺘﺪاوﻟﺔ ﻓﻲ ﺳﻮق اﻟﻌﺮاق ﻟﻸوارق اﻟﻤﺎﻟﯿﺔ‬
• Local Partnership information and
application available on the NIC ‫• اﻟﻘﺪرة ﻋﻠﻰ ﺗﻜﻮﯾﻦ ﺣﻘﺎﺋﺐ إﺳﺘﺜﻤﺎرﯾﺔ ﻓﻲ‬
website. .‫اﻷﺳﮭﻢ واﻟﺴﻨﺪات‬

1. Guarantees and Privileges25 ‫• ﻋﺪم ﻧﺰع اﻟﻤﻠﻜﯿﺔ أو ﺗﺄﻣﯿﻢ اﻟﻤﺸﺮوع اﻟﻤﻌﻨﻲ‬

• The right to buy and sell stocks and
Treasury securities listed on the Iraq
Stock Exchange;

• The ability to create investment
portfolios of stocks and bonds;26

• Protection against seizure and

25 See id. at Articles 11-12.
‫ اﻟﻤﻌ ّﺪل‬،2006 ‫ ﻟﺴﻨﺔ‬13 ‫ ﻣﻦ ﻗﺎﻧﻮن اﻹﺳﺘﺜﻤﺎر اﻟﻌﺮاﻗﻲ رﻗﻢ‬12-11 ‫أﻧﻈﺮ اﻟﻤﻮاد‬.
26 See id. at Article 11.
‫ اﻟﻤﻌ ّﺪل‬،2006 ‫ ﻟﺴﻨﺔ‬13 ‫ ﻣﻦ ﻗﺎﻧﻮن اﻹﺳﺘﺜﻤﺎر اﻟﻌﺮاﻗﻲ رﻗﻢ‬11 ‫أﻧﻈﺮ اﻟﻤﺎدة‬.

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