1. Investor services
  2. Investment license for housing projects below US$ 250 million (Foreign company)
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Properties

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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Summary of the procedure

Institutions involved 1 expand_more expand_less

Baghdad provincial building - Baghdad investment commission (BIC) (x 8)
1 2 3 4 5 6 7 8

Results 3 expand_more expand_less

Investment license
8
Investment obligation
8
Investment contract
8

Required Documents expand_more expand_less

ID or passport (x 6)
1 3 4 5 7 8
Investment opportunity announcement
2
Request to get land map boundaries
2
Request for land
4
Executive summary of the project (x 3)
4 5 7
Similar projects (x 3)
4 5 7
Economic feasibility study for the land project (x 3)
4 5 7
Project completion timeline (x 3)
4 5 7
Architectural designs for the residential project (x 2)
4 5
Bank guarantee (x 3)
4 5 7
Parent company guarantee (x 3)
4 5 7
Registration license (x 3)
4 5 7
Registration license of the parent company (x 3)
4 5 7
Memorandum of association (x 3)
4 5 7
Power of attorney (x 3)
4 5 7
Minutes of Meeting (x 3)
4 5 7
Initial approval to get land (x 2)
5 7
Confirmation of verification
6
Investment application
7

Estimated cost IQD  100,000

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USD expand_more expand_less
  • USD Add Name Here
IQD 100,000
for investment application

Total Duration 10 d - 46 d expand_more expand_less

  Min. Max.
Total time (sum): 10 d 46 d
of which:
Waiting time in queue (sum): 1h. 2h. 5mn
Attention at counter: 55mn 2h.
Waiting time until next step (sum): 10 d 45 d

Laws 7 expand_more expand_less

Article (25) of the Federal Budget Law of the Republic of Iraq No. 1 of 2016 Article (25) of the Federal Budget Law of the Republic of Iraq No. 1 of 2016
Article(19) second - from law (13) year 2006 Article(19) second - from law (13) year 2006 (Arabic)
Article(19) second - from law (13) year 2006 (English) Article(19) second - from law (13) year 2006 (English)
Investment Law no.13 of 2006 (Arabic) Investment Law no.13 of 2006 (Arabic)
  articles 19, 20
Investment Law no.13 of 2006 (English) Investment Law no.13 of 2006 (English)
  articles 19, 20
Privileges guarantees and benifits of the investor(English) Privileges guarantees and benefits of the investment licence (English)
Privileges guarantees and benifits of the investor(Arabic) Privileges guarantees and benefits of the investment licence(Arabic)
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