Department of Foreign Relations
Kurdistan Regional Government
SUN, 24 MAR 2019 19:17 Erbil, GMT +3
Sun, 24 Mar 2019 19:17:41

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.

 

 

 


Minister Falah Mustafa meets Flanders political and trade delegation

Thu, 21 Mar 2019 18:03:27

Erbil, Kurdistan Region, Iraq (dfr.gov.krd) – Minister Falah Mustafa on 19th March met a political and trade delegation from the Flanders Region of Belgium, led by Deputy Governor of Antwerp, Mr. Claudi Marinor, accompanied by Mr. Delavar Ajgeiy, KRG Representative to Belgium.

 

Head of DFR meets delegation from the Foundation for Relief and Reconciliation in the Middle East

Wed, 20 Mar 2019 20:21:57

Erbil, Kurdistan Region, Iraq (dfr.gov.krd) – Minister Falah Mustafa, Head of the Kurdistan Regional Government Department of Foreign Relations, received a delegation from the Foundation for Relief and Reconciliation in the Middle East (FRRME) on 19th March.

 

Minister Falah Mustafa meets Chargé D'Affaires of the Philippine Embassy

Wed, 20 Mar 2019 20:18:16

Erbil, Kurdistan Region, Iraq (dfr.gov.krd) – Minister Falah Mustafa on 18th March received Mr Julius D. Torres, the Chargé D'Affaires of the Philippine Embassy in Baghdad, and discussed mechanisms to develop bilateral cooperation and issues of common concern.