The National Investment Commission has issued regulations for collecting service fees from investors for the services it provides as follows:
1. The following fees are collected for services provided by the National Investment Commission and the Investment Commissions in the provinces to investors under the provisions of the amended Investment Law No. (12) of 2006:
- First - (1,000,000) one million dinars for purchasing application documents for the investment opportunities announced by the National Investment Commission or the Investment Commissions in the provinces.
- Second - (500,000) five hundred thousand dinars for the application form to obtain an investment license.
- Third - (100,000) one hundred thousand dinars for requesting an additional certified copy of the investment license.
- Fourth - (50,000) fifty thousand dinars for each foreign person for whom the investor requests an entry visa to work on the investment project.
- Fifth - (1,000,000) one million dinars for each customs or tax exemption issued by the National Investment Commission.
- Sixth - (100,000) one hundred thousand dinars when the investor submits a grievance to the Commission in accordance with the law.
- Seventh - (1,000,000) one million dinars for issuing or renewing the investor's identification card.
- Eighth - (5,000,000) five million dinars upon issuing a decision to reinstate the investment license.
- Ninth - (1,000,000) one million dinars upon signing investment contracts.
2. The following fees are collected from the investor for requests to amend investment licenses:
- First - (7,000,000) seven million dinars for projects with a capital less than (50,000,000,000) fifty billion dinars.
- Second - (10,000,000) ten million dinars for projects with a capital not less than (50,000,000,000) fifty billion dinars and not exceeding (100,000,000,000) one hundred billion dinars.
- Third - (15,000,000) fifteen million dinars for projects with a capital exceeding (100,000,000,000) one hundred billion dinars.
- The investor is charged an investment project monitoring fee once annually as follows:
- First - (3,000,000) three million dinars for investment projects with a capital less than (50,000,000,000) fifty billion dinars.
- Second - (5,000,000) five million dinars for investment projects with a capital not less than (50,000,000,000) fifty billion dinars and not exceeding (100,000,000,000) one hundred billion dinars.
- Third - (10,000,000) ten million dinars for investment projects with a capital exceeding (100,000,000,000) one hundred billion dinars.
In light of these regulations issued by the National Investment Commission, we invite all investors to take the necessary steps and benefit from the services provided to ensure the success of their investment projects.
Adherence to the specified procedures and a clear understanding of the collected fees will contribute to facilitating the investment process and avoiding any future obstacles. Do not hesitate to start your projects and contribute to enhancing the country's economic growth by contacting our private law firm in Iraq.
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