Iraqi Visas Issued in 72 Hours

On 23 October 2018, the Iraqi Ministry pf Interior has issued significant facilitation circular pertaining to visa issuance to the businessmen, investors and directors of major companies operating or willing to operate in Iraq by authorizing the Director General of...

Federal Budget Of 2019

This is an update regarding today’s voting by the Iraqi parliament approving om the approval of government’s 2019 budget at US$88.6 billion which contains one of the largest spending bills; whereby the calculation of revenues from the export of crude oil is set at a...

VIP Taxpayer Dedicated Bank Accounts

The General Commission of Taxes in Iraq “GCT” and to facilitate the depositing of tax payments or settlements thereof, opened two new bank accounts in Al-Rafidain Bank for to receive said payments from VIP Taxpayers (major corporations operating in Iraq) to cover...