Official Circular from the Companies Registration Department – Iraqi Ministry of Trade

The Iraqi Ministry of Trade – Companies Registration Department issues its circulation addressed to lawyers and all Iraqi companies, affirming the Central Bank of Iraq “CBI” instructions under its circulation No. (23/2/1667) dated (18 February 2024) obliging electronic payment companies to have a minimum capital of (10,000,000,000 IQD) Ten Billion Iraqi Dinar, as well as the necessity to have the electronic payment as independent activity.