View Full Version : New Guide to Doing Business in Iraq

Investors Iraq News
07-07-2017, 01:44 PM
Deloitte Middle East (DME) has launched a guide to doing businesss in Iraq.
The “Doing business guide – *Understanding Iraq’s tax position (https://www2.deloitte.com/content/dam/Deloitte/xe/Documents/tax/me_doing-business-guide-Iraq-2017.pdf)” addresses the key tax considerations for doing business in Iraq, alongside key economic, industry and market drivers which impact starting up a business there.
The complexity of tax compliance in Iraq has grown in recent years; and as Iraq is mainly dependent on oil for revenues, the drop in oil prices is having a significant effect on the investment market in Iraq.
The report discusses the following topics:

The macro-environmental perspective of Iraq
Key industries and economic drivers
Indicators and procedures for starting a business in Iraq
‘Trading with’ versus ‘trading in’ Iraq
Taxation in Iraq (including administration, taxable income, withholding tax, employment tax, corporate and indirect taxes)

The report can be downloaded here. (https://www2.deloitte.com/content/dam/Deloitte/xe/Documents/tax/me_doing-business-guide-Iraq-2017.pdf)
(Source: Deloitte)

Source: Iraq-BusinessNews.com. (http://www.iraq-businessnews.com/2017/07/07/new-guide-to-doing-business-in-iraq/)

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