The National Investment Commission has recently issued new regulations for collecting service fees from investors when providing various services, as follows:
First: Service Fees Charged by the National Investment Commission and Provincial Investment Commissions
- Purchase of Application Documents for Investment Opportunities:
- IQD 1,000,000 for purchasing application documents for investment opportunities announced by the National Investment Commission or provincial investment commissions.
- Investment License Application Form:
- IQD 500,000 for the investment license application form.
- Certified Additional Copy of the Investment License:
- IQD 100,000 for requesting a certified additional copy of the investment license.
- Entry Visa for Foreign Workers:
- IQD 50,000 for each foreign person for whom the investor requests an entry visa to work on the investment project.
- Customs or Tax Exemption:
- IQD 1,000,000 for each customs or tax exemption issued by the National Investment Commission.
- Submission of Appeals:
- IQD 100,000 when the investor submits an appeal to the commission according to the law.
- Issuance or Renewal of Investor ID:
- IQD 1,000,000 for issuing or renewing an investor ID.
- Reissuance of the Investment License:
- IQD 5,000,000 for issuing a decision to reissue the investment license.
- Signing Investment Contracts:
- IQD 1,000,000 for signing investment contracts.
Fees for Amending Investment Licenses
- Projects with a Capital Less Than IQD 50 Billion:
- IQD 7,000,000 for projects with a capital less than IQD 50,000,000,000.
- Projects with a Capital Between IQD 50 Billion and IQD 100 Billion:
- IQD 10,000,000 for projects with a capital not less than IQD 50,000,000,000 and not more than IQD 100,000,000,000.
- Projects with a Capital Exceeding IQD 100 Billion:
- IQD 15,000,000 for projects with a capital exceeding IQD 100,000,000,000.
Fees for Project Monitoring (Once Annually)
- Projects with a Capital Less Than IQD 50 Billion:
- IQD 3,000,000 for investment projects with a capital less than IQD 50,000,000,000.
- Projects with a Capital Between IQD 50 Billion and IQD 100 Billion:
- IQD 5,000,000 for investment projects with a capital not less than IQD 50,000,000,000 and not more than IQD 100,000,000,000.
- Projects with a Capital Exceeding IQD 100 Billion:
- IQD 10,000,000 for investment projects with a capital exceeding IQD 100,000,000,000.
We request all clients to review and comply with the above regulations in their investment activities within Iraq.
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