Based on the invitation addressed to our firm by our partner Qatar International Center for Conciliation and Arbitration “QICCA” to participate with Al Multaqa magazine, a magazine issued by Qatar Chamber mainly concerned with economy and business, we had remarkable opportunity to participate with edition no. 89 of the magazine by the firm managing director Esquire Muqdad Sami Alwan Al-Juboori in preparing an article regarding holding companies under Iraqi Law, and Qatari Law. The article highlights the definition of the holding companies under the mentioned laws, the requirements for incorporating holding companies together with their obligations and purposes in a modest and clear manner enabling the reader to easily realize the similarities and differences regarding holding companies under the Iraqi Law and the Qatari Law.

A copy of the article could be found in the attachment. You may review the full magazine via below link of QICCA:

Al muhamoon al mutahidoon_Al multaqa magazine_no.89

 

In consideration of the important and significant role played by the investment sector in the development and rise of the economy in any country, and since our country (IRAQ) represents a fertile environment of investment opportunities attracting foreign investors worldwide, and whereas the legal system represents a significant factor for attracting investors and creating a safe, successful and sustainable investment environment, therefore, our firm is always keen on highlighting the laws directly affecting this environment, studying and analyzing the same.

Given the above stated, our firm represented by its managing director (Esquire Muqdad Sami Alwan Al Juboori) has contributed an article published with Al Qhada’a Magazine issued by the Iraqi Bar Association. The article is mainly about the Companies Law Amendment no. 17/2019, in specific the part relates to the incorporation of holding companies provided the great impact of this regulation in encouraging national economy and foreign capital to enter the Iraqi market. The article highlights the said law articles regulating the incorporation and operation of holding companies together studying and assessing those, discussing the contractions and loopholes of the amendment, as well as contradictions with other laws.

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In supporting and attracting foreign investment in IRAQ and aware interested audience with the laws governing the investment in the country, our firm has recently contributed an article by Esq.Muqdad Sami Alwan Al Juboori with the first addition of the Business Landscape Magazine, a quarterly business magazine supported by the Iraqi Germany Business Council/German Ministry of Foreign Affairs & the German Development Agency – The Deutsche Gesellschaft für Internationale Zusammenarbeit GmbH – “GIZ”).

The article highlights the Iraqi laws governing investment in Iraq besides Investment Law no. 13 for the year 2006.

Access to full article (pages 34-37) through below link:

Business landscape_nov. 2020

As one of our firm (Al Muhamoon Al Mutahidoon) contributions to spread awareness of the legislative developments in Iraq aiming to contribute encouraging investors to enter the Iraqi Market; the firm lawyers (Mr.Muqdad Sami Al Juboori, Dr.Hadeel Adnan Anwar Al-Ani, and Mr.Othman Ayad Khalaf) have recently and jointly prepared an article discussing the latest Amendment to the Iraqi Companies Law allowing the incorporation of Holding Companies under the Iraqi Law. The article was published within “MENA Business Law Review journal” issued by Lexis-Nexis. A copy of the subject article is attached herein for reference.

 

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