Department of Foreign Relations
Kurdistan Regional Government
TUE, 12 NOV 2019 17:30 Erbil, GMT +3
Tue, 12 Nov 2019 17:30:15

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 Convenes to Discuss the Latest Developments in Iraq

Wed, 30 Oct 2019 17:36:11

Erbil, Kurdistan Region, Iraq (GOV.KRD) - Prime Minister Masrour Barzani on Wednesday chaired a meeting of the Kurdistan Regional Government to discuss the rapidly evolving situation in Iraq.

 

KRG Representation in Poland organizes the concert on the occasion of centenary of oriental studies at the Jagiellonian University

Wed, 30 Oct 2019 17:33:29

On behalf of the authorities of the Jagiellonian University, prof. Barbara Michalak- Pikulska dean of the Faculty of Oriental Studies took the voice. She thanked the KRG Representation for organizing the concert; she also thanked Ziyad Raoof for many years of cooperation with the Jagiellonian University, especially with the Faculty of Oriental Studies.


Prime Minister Masrour Barzani Meets With the German Ambassador to Iraq

Mon, 28 Oct 2019 16:58:53

Erbil, Kurdistan Region (GOV.KRD) - Prime Minister Masrour Barzani today received the German Ambassador to Iraq, Ole Diehl, and German Consul-General in Erbil, Barbara Wolf.