Department of Foreign Relations
Kurdistan Regional Government
FRI, 27 APR 2018 01:39 Erbil, GMT +3
Fri, 27 Apr 2018 01:39:34

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.

 

 

 


EU Military Staff Delegation visit Department of Foreign Relations

Thu, 26 Apr 2018 13:52:05

Erbil, Kurdistan Region, Iraq (dfr.gov.krd) – Assistant Head of the Department of Foreign Relations of KRG, Ms. Siham Mamand received the European Union Military Staff  Delegation led by Head of EU Liaison Office in Erbil Ms. Clarisse Pásztory.

 

Senior KRG delegation meet with White House, US Administration and Congressional Officials

Thu, 26 Apr 2018 07:20:17

WASHINGTON, DC, USA (us.gov.krd) - Senior officials from the Kurdistan Regional Government (KRG) are in the United States to meet with US Administration Officials, Members of Congress, the think tank community, and diplomats in Washington DC and New York.

 

Prime Minister Barzani's Statement at Ground Breaking Ceremony of US Mission Compound

Tue, 24 Apr 2018 07:30:33

Good morning. I am pleased to be here, with you, today and take part in the announcement of building a new compound for the U.S. Consulate General in the Kurdistan Region. I applaud such a decision and see it as an important step.  I hope that the construction will be completed as planned and on schedule.