Department of Foreign Relations
Kurdistan Regional Government
SAT, 25 JAN 2020 04:25 Erbil, GMT +3
Sat, 25 Jan 2020 04:25:30

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 Safeen Dizayee Attends World Economic Forum (DAVOS 2020)

Tue, 21 Jan 2020 12:39:16

Minister Safeen Dizayee, Head of the KRG Department of Foreign Relations along with other senior Kurdistan Region Presidency officials accompany H.E. Nechirvan Barzani, President of the Kurdistan Region at the World Economic Forum (DAVOS 2020) where they will meet political and business leaders.

 


Minister Dizayee and DFR officials meet with Kurdistan Parliament Deputy Speaker and the Relations and Kurdish Diaspora Committee

Mon, 20 Jan 2020 10:09:42

Erbil, Kurdistan Region, Iraq (DFR.GOV.KRD) – A delegation from the KRG Department of Foreign Relations (DFR) headed by Minister Safeen Dizayee visited the Kurdistan Parliament on 19 January and met with the Deputy Speaker Hemin Hawrami and the Relations and Kurdish Diaspora Committee headed by the chair, Dr Rebwar Babkayi.

 

Minister Safeen Dizayee meets with Spain’s Ambassador to Iraq

Mon, 20 Jan 2020 09:03:11

Erbil, Kurdistan Region, Iraq (DFR.GOV.KRD) – Minister Safeen Dizayee, Head of the KRG Department of Foreign Relations, received on 19 January Spain’s Ambassador to Iraq, H.E. Hansi Escobar, and Mr Dawed Sardar Jaff, Spain’s Honorary Consul in Kurdistan Region, to discuss the latest political developments in the Kurdistan Region, Iraq and across the region.