Department of Foreign Relations
Kurdistan Regional Government
TUE, 22 OCT 2019 20:03 Erbil, GMT +3
Tue, 22 Oct 2019 20:03:20

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.

 

 

 


A Statement from Kurdistan Region Presidency

Mon, 21 Oct 2019 20:45:32

The US-led coalition forces have played a major role in protecting and assisting the people of the Kurdistan Region, starting from establishing no-fly zone in 1991, toppling the Ba’ath regime in 2003, to defeating ISIS terror group in the past few years.

 

Ministry of Interior and KRG Department of Foreign Relations hold joint meeting with the diplomats and donor countries in Kurdistan on recent events in Syria

Thu, 17 Oct 2019 08:40:18

Erbil, Kurdistan Region, Iraq (dfr.gov.krd) – The Department of Foreign Relations of the Kurdistan Regional Government, the Ministry of Interior and its Joint Crisis Coordination Centre (JCC) held a joint meeting with foreign diplomats and donor countries in Kurdistan Region, on 15 October, on the events in northeastern Syria and its impact on the humanitarian and security situation in the Region.

 

KRG Statement on developments in Northeastern Syria

Tue, 08 Oct 2019 19:21:23

Erbil, Kurdistan Region, Iraq (GOV.KRD) – The Kurdistan Regional Government is deeply concerned by the United States’ decision to withdraw from the safe zone in northeastern Syria and by reports of a potential unilateral military operation by Turkey. The government calls on Turkey, as a member of the Global Coalition, to avoid any initiative that would undermine the progress made against ISIS, including jeopardising the secure detention of terrorist fighters.