News

Iraq finance expo – 6th edition

With a special invitation, our firm takes great pride in participating in the 6th Annual Exhibition and Conference for Finance and Banking Services “Iraq Finance EXPO”. This distinguished event was successfully held at the Baghdad International…

Required Capital Increase for Licensed Banks in Iraq

Recent; The Central Bank of Iraq issued a decision, under letter number 9/2/439 dated 02 August 2023, obliging licensed banks operating in Iraq, both local and foreign, to increase their capital within specific limits and percentages as outlined…

Obliging financial institutions to obtain the Central Bank of Iraq approval to increase/decrease its capital

For regulatory purposes; the Central Bank of Iraq - Banking Control Department, in accordance with its letter number 9\10\20657 dated 9th July 2023, obliges the Companies Registrar to have the Central Bank's approval for any procedures…

A Valued Addition to Our Team

Our firm extends its warmest welcomes for Esq. Omar Ghassan Al-Waswasi, an esteemed senior lawyer, recently joined our firm as the head of the litigation and consulting department. Esq. Omar brings with him unique experiences and qualifications,…

The Saudi-Iraqi Business Forum

The Saudi-Iraqi Business Forum: Enhancing Economic Collaboration Opportunities between Both Parties. On the 18th of June 2023, The Iraqi Federation of Industries organized a collaborative meet and greet event focused on expertise-exchange.…

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…