The investment law is one of the most friendly to foreign investors in the entire Middle East.
The Kurdistan Region investment law was passed in July 2006 and an Investment Board was created to manage and promote investment. For more details, please see the full text of the investment law on the official Kurdistan Regional Government website.
The Kurdistan Region investment law was passed in July 2006 and an Investment Board was created to manage and promote investment in Kurdistan. Some highlights of the law are:
The Kurdistan Region’s Investment Board, established in summer 2006, oversees and promotes foreign and local investment and is already issuing licences to suitable investors. The Investment Board was established by the investment law to help carry out the law’s provisions and to facilitate strategically important investment projects.
The Kurdistan Region of Iraq has enjoyed unprecedented development since the removal of the previous regime in 2003.The KRG has taken advantage of increased interaction with the international community to explore a wide range of economic activity, reserving a lynchpin role for foreign investors, multinational companies, and public private partnerships.To facilitate such growth, the KRG passed a number of forward-looking pieces of legislation, including the Kurdistan Region Investment Law and the Kurdistan Region Oil & Gas Law, designed to ensure that the private sector is the engine of a free market economy.The links below provide some basic information regarding investment and enterprise in the Kurdistan Region. Please also contact the Kurdistan Region Investment Board, chaired by Minister Herish Muharam.
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