Legal

 Company Registration

Iraqi Company Registration:

The Iraqi American Chamber of Commerce and Industry (IACCI) is proud to provide the best services possible to its members in cooperation with the Ministry of Trade, Company Registrar Office and the Syndicate in Iraq. IACCI offers brilliant legal services, e.g. registering national companies at more reasonable fees when compared to fees charged by others for the same service.

Registration fee: $500

Foreign Company Registration:

In cooperation with the Ministry of Trade, the Registrar Office and the Residence Directorate, IACCI provides its foreign members the high quality service of registering their company at reasonable fees.

Registration fee: $1,500

Company Registration in Kurdistan Region:

Since our aim is to establish an economic structure, create a suitable environment for the labor sector and provide services for its members all over Iraq, IACCI undertakes the responsibility of providing the service of registering national and foreign companies at the Company Registrar Office of the Kurdistan Region.  We do this to participate in the constructing of Kurdistan and also to establish investment projects at reasonable registration fees.

Registration fee: $800

National and Foreign Company Registration for Distinguished Members (Gold and Silver):

Free of charge, (except for formal registration fees). This service is provided to our Gold and Silver members for one time only.
Additional services with registration are:

a. Increase or decrease the budget (Fee: $300).
b. Buying and selling shares (Fee: $400).
c. Liquidation and termination of company (Fee: $600).
d. Approval and documentation of company establishment, meeting minutes, establishment certificates and deposit release.

Non-Governmental Organization (NGO) Registration:

The bureau supporting Non-Government Organizations NGO/ Council of Ministers participates in providing registration for civil society nonprofit organizations and establishments.

Registration fee: $100

 Legal Contracts and Protocols

Organizing legal contracts and protocols:

- Organizing legal contracts for members for all kinds of activities.
- Organizing legal contracts and cooperating protocols between the Chamber and Ministries, Offices of the Central Government and the Region Government.
- Organizing legal contacts and Memorandums of Understanding between the Chamber and Non-Government Gatherings and Civil Society Organizations.
- Organizing legal contracts for the TADRIB IRAQ Center, especially for the IFC establishment, IRMO Organization and IRD Organization.

Cooperation Protocols and Memorandums of Understanding:

- Protocol of cooperation between IACCI, Market Research Center and consumer protection.
- Other protocols and Memorandums of Understanding.

 Legal Services

Legal Services for our Members:

Services included are for company check, actualization, establishing certificate and the commercial name to prove the official existence of the company.  We look to make sure the correct issue of its documents occurs, especially at points when there is a contract or commercial deals to help prevent the entry of fake companies. IACCI has a strong dedication to its members and to keep them protected.  We cooperate with the Company Registration Office in Baghdad, Company Registration Office in Kurdistan, Baghdad Chamber of Commerce, other chambers of commerce and Iraqi Commercial Chambers.

Check and confirm fee: $50

Trademark Registration Service:

IACCI provides its members with new legal services which were not available in the past. This service includes registration of company trademarks, their products, services, factories etc. IACCI cooperates with the Trademarks and Geographical Index Office of the Ministry of Industry and Minerals.

Registration fee: $300

Contractor Classification:

To participate with the efforts of reconstructing Iraq and because of the vital effects of the tenders sector in achieving that, IACCI provides the service of contractor classification to its members, companies of contracting,  electrical engineering or mechanical engineering according to the regulations of the Ministry of Planning.

Fees will be fixed according the classification level

Organizing Service:

Check all regulation concerns and the internal scroll of the organization.

Some legal consultations we provide are:

- Written legal consultations for members.
- Oral legal consultations for members.
- All written and oral consultations are provided to members for free except under special cases where we would need to follow up due to formal fees and other costs.

 Projects

Current Projects:

IACCI performed a project in cooperation with Louis Berger, Inc Organization. This project is a study of the Iraqi laws provided by the United States Agency for International Development (U.S AID). It was performed by a specialized and qualified legal staff and in participation with other technical staff. This project proved to be a success by preparing a complete research to all valid Iraqi laws and the most important changes required to prepare a legislative environment to fit the texts of the World Trade Organization (WTO). The project helps to speed up the preparing of Iraq to join the WTO as a member.

Future Projects:

IACCI desires to establish a specialized center for international commercial arbitration.  This is one of IACCI's future projects according to the rules of the International Commercial Arbitration issued by the Commercial Committee of the United Nations and approved by most of the countries around the world. This project helped by cooperating with many sides to work on the same line e.g. Dubai Center for International Arbitration and Cairo Center for International Arbitration. The Organization is keen to discuss and dialogue with the Iraqi Ministries which have relation with this topic e.g. Ministries of Justice and Trade to reach a joint formula which fit the valid law texts. Finally, the IACCI is heading forward with its stance that “Impossible is Nothing.” We wish to achieve the outstanding aim of uplifting the Iraqi economy to create a future for Iraq that fits with its fame and true position among other countries of the world.