Issuing The First Amendment to the Foreign Companies Branches Regulation No. (2) of 2017

The “First Amendment to the Foreign Companies Branches Regulation No. (2) of 2017” Regulation No. (4) of 2023 has been issued, and it was published in the Official Gazette of Iraq, Issue No. 4734, dated August 28, 2023. This amendment is considered effective from the date of its publication in the Official Gazette.

In order to determine the features and facilitations provided by this amendment to foreign companies branches operating in Iraq, our firm has commenced a comprehensive study of the aforementioned regulation. This study will include a detailed summary along with a comparison between the amended regulation and the previous one applicable to foreign branches.

Furthermore, our firm  has initiated the preparation of the English version of the regulation, which will be made available alongside the study in the coming days through the firm’s website.

For further inquiries, please do not hesitate to contact our firm at the following email address: management@ulf-iraq.com.