AHK Iraq Business Newsletter (Q4/2025)
Welcome to the Q4 2025 edition of the Iraq Business Newsletter by AHK Iraq. This edition delivers timely updates and strategic...
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Welcome to the Q4 2025 edition of the Iraq Business Newsletter by AHK Iraq. This edition delivers timely updates and strategic...
View moreDiscover how to register your foreign or German business in Iraq. This practical guide covers legal requirements, registration...
View moreExplore AHK Iraq’s Fall 2025 survey results: 85% of German companies in Iraq report strong business performance, with...
View moreExplore how Iraq's tax framework compares to Western systems and what reforms could align it with global standards. AHK...
View moreExplore the UNICEF–AHK Iraq 2025 report on Iraq’s water crisis. Smart policy, infrastructure, and renewable water solutions...
View moreWelcome to the Q4 2025 edition of the Iraq Business Newsletter by AHK Iraq. This edition delivers timely updates and strategic...
View moreIraq offers opportunities but also faces challenges, including security risks in certain areas, bureaucratic hurdles, payment delays, and regulatory uncertainties. However, the business climate is improving with investment-friendly reforms and reconstruction projects.
Iraq offers business opportunities across all sectors, especially in the following areas:
Many companies work with local legal advisors to navigate the process efficiently.
German companies often find partners through:
The banking system is still developing and offers limited international banking connections. Payment delays are a common issue. Transactions in USD are common, but currency fluctuations can affect deals.
Many German companies use international banks in Jordan, UAE, or Turkey for secure transactions.
Companies must hire a certain percentage of Iraqi workers, often at least 50%. Expats need a business visa and work permit, which can be bureaucratic to obtain. The Iraqi Labor Law No. 37 (2015) covers wages, working hours, and termination conditions. For the Kurdistan Region, slightly different labor regulations may apply.
The main entry points are Umm Qasr Port, Basra, and land borders with Turkey, Iran, and Jordan. Bureaucracy and occasional corruption can slow down imports. The railway network is limited, so most transport is via road freight. Some regions have checkpoints and security restrictions affecting movement. Free Zones offer logistics hubs with tax benefits. German companies often work with local logistics experts to ensure smooth operations.