Establishing a Business in the Kurdistan Region
The Kurdistan Regional Government continues to take steps to facilitate business opportunities and to ease the process by which organizations can be establish—while simultaneously ensuring a level playing field and secure competitive environment.
Currently, it takes approximately 30 days to start a business in Kurdistan. By law, the Investment Board is required to process applications within 30 days of submission. Detailed, professional proposals have the potentials to be processed more quickly, in approximately five to ten days.
The following links will help guide you as you pursue business and opportunities in the Kurdistan Region.
Fact sheet: Doing business in the Kurdistan Region
Investment guide, The Kurdistan Region: Invest in the Future
The Kurdistan Board of Investment: www.kurdistaninvestment.org
Herish Muharam Muhamad
Chairman of Investment
Board Headquarters
Erbil – In front of the council
of Ministries,
30-m circle street
Tel: +964 66 253 1559
or +964 66 253 5010
info@kurdistaninvestment.org
Sulaimani Branch
Sulaimani – Hammdi Street,
Kani Askan District
Tel: +964 53 312 3907
or +964 53 312 3918
suli@kurdistaninvestment.org
Dohuk Branch
Dohuk – 1st Shubat Street
Tel: +964 62 762 7175
or +964 62 762 7013
duhok@kurdistaninvestment.org
Chambers of Commerce
Dohuk:
Web: duhokchamber.org
duhok_traderoom@yahoo.com
Erbil
Web: www.erbilchamber.org
erbilchamberofcommerce@yahoo.com
Sulaimani
Web: www.sule-chamber.org/
info@sule-chamber.org
Business Transformation Agency
Web: www.defenselink.mil
Iraqi American Chamber of Commerce & Industry
Web: www.i-acci.org
Iraqi British Chamber of Commerce & Industry
Web: www.i-bcci.com/
Iraq Investment and Reconstruction Task Force (IIRTF)
of the US Department of Commerce
Web: www.export.gov/iraq
Kurdistan Development Corporation
Web: www.kurdistancorporation.com
Middle East Association, London
Web: www.the-mea.co.uk/
For more information
please contact dfr@krg.org
Investment Resources
Security Firms
GardaWorld (Formerly Vance)
31 Old Burlington Street, London W1S 3AS
Iraq (excl. Erbil): +964 7701 58 7939
Iraq (Erbil): +964 750 451 2588
London Office: +44 (0) 20 7734 5361
Managing Director, International
Email: oliver.westmacott@garda-world.com
Vigilance Security Company
Local tel: +964 750 423 3824
Email: ops@vscsecurity.com
Ster Group
Local tel: +32 48 445 6378
Reed Security
Local tel: +964 750 449 8294
Hart Security
Local tel: +44 (0) 20 7751 0771
Email: iraqcountrymanager@hartsecurity.com
Paratus Worldwide Protection
Email: myoung@paratusiraq.com
Banks / US Dollars / Conversion to Local Currency
While there are several banks, the economy at present is based on a “cash only” basis. Most places accept US dollars, which can be exchanged for local currency. The hotels can assist with the conversion process.
Real Estate
American Village
Local tel: +964 750 413 6420/1
Email: sales@americanvillage.info
Dream City
Local tel: +964 66 251 0773 or +964 66 251 0779
Email: relation@mecri.com
Naz City
Local tel: +964 750 416 9826
Email: villa@nursoy.com.tr
Italian City
Local tel: +964 66 256 4844 or +32 48 445 1315
Email: hemn_co.group@yahoo.com
English Village
Local tel: +964 750 445 2102
Email: azzam960@hotmail.com
