Department of Foreign Relations
Kurdistan Regional Government
WED, 19 DEC 2018 11:06 Erbil, GMT +3
Wed, 19 Dec 2018 11:06:36

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.

 

 

 


Head of DFR presents a seminar at the Lebanese French in Erbil

Tue, 18 Dec 2018 11:34:20

Erbil, Kurdistan Region (dfr.gov.krd) – The Head of the Kurdistan Regional Government (KRG) Department of Foreign Relations (DFR), Minister Falah Mustafa presented an academic seminar entitled “The Foreign Relations of the Kurdistan Region and the Kurdish issue around the world” at the Lebanese French University (LFU) in Erbil. The LFU Presidency, the University Commission, Heads of Departments and a number of students were also in attendance.


Dutch Foreign Minister, Stef Blok pays an official visit to Erbil

Tue, 18 Dec 2018 11:31:54

Erbil, Kurdistan Region (dfr.gov.krd) – The Dutch Foreign Minister, Stef Blok arrived in Erbil, on the 17th of December 2018, and was welcomed by the Minister of Interior of the Kurdistan Regional Government (KRG), Karim Sinjari and the Head of the KRG Department of Foreign Relations (DFR), Minister Falah Mustafa.

 

Swedish Embassy Office in the Kurdistan Region celebrates a Winter Reception in Erbil

Mon, 17 Dec 2018 11:32:05

Erbil, Kurdistan Region (dfr.gov.krd) – The Embassy Office of the Kingdom of Sweden hosted a Winter Reception on the 12th December 2018 in Erbil,  In attendance were senior KRG officials, members of Parliament, governors, representatives of political parties, the Ambassador of Sweden to Iraq, Pontus Melander, and Deputy Head of Mission in Erbil, Mahyad Tavakoli.