Department of Foreign Relations
Kurdistan Regional Government
MON, 18 FEB 2019 09:53 Erbil, GMT +3
Mon, 18 Feb 2019 09:53:15

Investment Law

The investment law was passed in July 2006 and an Investment Board was created to manage and promote investment in the Kurdistan Region. 

The investment law is one of the most friendly to foreign investors in the entire Middle East. Some features of the law are:

  • Foreign and local investors and capital are treated equally under the law (Article 3).
  • Foreign and local investors are entitled to own all the capital of any project (Article 3).
  • The government allocates free or reduced-price land to investment projects that fulfil the criteria (Article 4).
  • Foreign investors are free to repatriate profits in full (Article 7).
  • Foreign and local investors are equally entitled to buy and own land for investment purposes (Article 4).
  • Investors get a 10-year non-custom tax break once they start production or service provision. Raw materials and equipment used in production also get customs relief (Article 5).

For more details, please click here for the full text of the investment law.

 

 

 


KRG Representative to Poland meets with the Marshal of Mazowieckie Voivodeship

Wed, 13 Feb 2019 07:16:03

Erbil, Kurdistan Region, Iraq (dfr.gov.krd) – Kurdistan Regional Government (KRG) Representative in Poland, Ziyad Raoof met with Adam Struzik, Marshal of the Mazowieckie Voivodeship, which is the biggest among 16 Polish voivodeships and its capital Warsaw is also the capital of Poland on ( 11th February 2019)

 

DFR Minister receives the Spanish Ambassador to Iraq to discuss recent political developments and issues of common interest

Tue, 12 Feb 2019 08:45:17

Erbil, Kurdistan Region, Iraq (dfr.gov.krd) – Head of the KRG Department of Foreign Relations, Minister Falah Mustafa met with the Ambassador of Spain to Iraq, Juan José Escobar Stemmann and his accompanying delegation on 9 February 2019.

 

UNHCR organizes workshop on “enhancing the protection space for refugees and asylum seekers in the Kurdistan Region”

Sat, 09 Feb 2019 17:16:25

Erbil, Kurdistan Region, Iraq (dfr.gov.krd) – United Nations High Commissioner for Refugees (UNHCR) to Iraq in collaboration with the Kurdistan Regional Government (KRG) Department of Foreign Relations (DFR)  concluded a one  workshop on “enhancing the protection space for refugees and asylum seekers in the Kurdistan Region” on Thursday, February 7, 2019.