Trade: the establishment of 82 companies and 27 offices of a foreign company during last July 8/13/2015

The Iraqi Ministry of Commerce, on Thursday, that the company registration department in the ministry completed the establishment of transactions (82) and a national company and (27) an office of a foreign company during the month of July, while confirming the issuance of decisions to amend contracts for companies between capital increase and the integration of the accounts of other cancellation. The Director General of the Department of Registration of companies in the ministry Ferial Akram Abdullah in a statement received (range Press), a copy of it, that "the circle has issued several resolutions concerning the amendment of contracts for companies divided between the capital increase and the integration of the accounts of the company and liquidation of accounts company," pointing to "register 27 representative office a foreign company and recording eight branches of a foreign company and documentation of 208 companies registered and marking records and forwarding (208) companies to the Investigating Judge for violating the guidelines and instructions. "
She said Abdullah, that the "circle examined the final accounts of the number of national companies (997) and a national company," pointing to "the integration of the accounts of 21 and increase the company capital (32) company and a settling of accounts (10) companies and modify hold 35 companies and study the accounts offices and branches of companies Foreign's (43) company. "

She Abdullah, to "circle the ratification of the minutes of meetings of the constituent companies registered during the period from 1/7 until 31/07/2015 of (82) in addition to the ratification of the minutes (42)."

The Ministry of Commerce announced on Tuesday (the seventh of July 2015), for the registration of 1173 the company during the first half of 2015, and while confirming that it less than the record during the same period of 2014, attributed the decline to the security conditions and the economic crisis.

The Iraqi government decided in (the twentieth of July 2013) to exempt local and foreign investment companies from fees and customs for a period of five years, in a move aimed at boosting economic growth, and attract companies to invest in the country, to be the study of the extension of the exemption order for ten additional years. %25D8%25B1%25D8%25A9--%25D8%25AA%25D8%25A3%25D8%25B3%25D9%258A%25D8%25B3-82-%25D8%25B4%25D8%25B1%25D9%2583%25D8%25A9-%25D9%258827-%25D9%2585%25D9%2583%25D8%25AA%25D8%25A8%25D8%25A7-%25D9%2584%25D8%25B4