Entries by admin

tax extension

Pursuant to the approval of his excellency minister of finance; the General Commission of Taxes “GCT” issue its circulation dated 01 June 2023 extending the legal limit specified by law for companies to submit their financial statements and reports for until the 31 July 2023. ULF strongly encourage all corporates to make full use of […]

Iraqi-German Business Forum

In response to the invitation addressed to our firm by The Federation of Iraqi Chambers of Commerce, our firm has recently attended the Iraqi-German Business Forum held in Coral Palace hotel in Baghdad on the 15th of May 2023, organized during the visit of A German Business Delegation conducted to Iraq (13th -18th of May […]

Extension for correcting legal status for foreign Labor

The Labor and Vocational Training Directorate/Ministry of Labor and Social Affairs has officially announced extending the period granted for foreign labor in Iraq that does not hold a proper work permit to adapt their legal status up to the 25th of May 2023. For more information about the allowance granted by MOLSA and steps required; […]

Council of Ministers decision – Adaptation of foreign labor legal status

Pursuant to the Council of Ministers decision no. (23119) for the year (2023), the Labor and Vocational Training Department/Ministry of Labor and Social Affairs “MOLSA” has officially announced launching the application for adapting the legal status for foreign labor entered Iraq legally from the governmental ports as of Sunday (19 March 2023) that should continue […]

facilities to import & export procedures

As a part of the government efforts aiming to facilitate the procedures adopted by its institutions serving public interest for the government, its institutions and people, the Prime Minister’s Office has issued its decision no. (4000/2302666) on the 24th of January 2023 stating to facilitate the procedures of importing and exporting goods and commodities by […]

The Iraqi Council of Ministers resolution determining Non-Governmental Organizations Department as a supervising authority

The Iraqi Council of Ministers issued its resolution No. 271 for the year 2022 on the 11th of October 2022 to determine the Non-Governmental Organizations “NGO” Department in the General Secretariat of the Council of Ministers, which is governed by the NGO’s Law in coordination with the Federal Board of Supreme Audit, as a supervising […]

Revitalizing the Iraqi Industrial Sector – Challenges and opportunities for the private sector implemented by GIZ

Per the second official invitation by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH “GIZ”; our firm has attended the Private Sector Development and Employment Promotion Project (PSD) monthly after-work event called “Tawasul” organized by the German Federal Ministry for Economic Cooperation and Development (BMZ), co-financed by the European Union, and implemented by GIZ in Babylon […]

Private Sector Development and Employment Promotion Project (PSD) workshop sponsored by GIZ

Per official invitation by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH “GIZ”; our firm has attended the Private Sector Development and Employment Promotion Project (PSD) workshop organized by the German Federal Ministry for Economic Cooperation and Development (BMZ), co-financed by the European Union, and implemented by GIZ in Babylon Rotana Hotel, Iraq. Whereas (PSD) organizes […]

MEET & GREET EVENT

With an official invitation from the Station Foundation, we have attended MEET & GREET event organized by The Station and The Iraqi Private Banks League with highly sophisticated institutions and European embassies along with elite entrepreneurs and startup companies in Iraq from whish we mention The Kingdom of the Netherlands Embassy, the Australian Embassy, Tabadul […]

Fashion and Decor women designers/legal workshop

Given the framework of both, the country and our firm keenness to spread the legal culture to support the empowerment of women, especially in the incorporation of small and medium-sized enterprises (SMEs), since they are companies that maintain the level of their revenues, assets, or number of employees within certain limits, while each country has […]