LARSA GROUP Co.

We would like to announce that we are ready to
open a companies branch in Iraq
Foreign companies are permitted to open their branches in Iraq: -

1- if they have been awarded a government contract.
2-if they are working with a company which is contracted by the government, the contract awarded must be for a project funded through the federal budget of Iraq.
While the brunch office can only pursue business activities within the scope defined by the parent company, it will still be allowed to invoice local customers, sign local contracts and receive income from customers.

ESTABLISHING A LEGAL BUSINESS PRESENCE IN IRAQ

The Companies Law No. 21 of 1997 (amended by CPA No. 64 in 2004) (Companies Law) allows several types of corporate entities to be registered in Iraq (including the Kurdistan Region of Iraq).
For foreign investors looking to enter the Iraqi market, three main vehicles can be used:

- private limited liability company (LLC).
- branch office of a foreign entity.
- representative office of a foreign entity.

There are also mixed and joint stock companies, but the above corporate structures are most appropriate for establishing a corporate presence in Iraq for foreign investors.

For more information :

Email: [email protected]
Website: larsagroup-iraq.com
Tel: +9647828296386

On Saturday 21, October 2017 a meeting was held with Mr. Mohammed Karagoli the director of RFIB Middle East Where the latter has given us a brief overview of the insurance company's business.

يوم السبت المصادف 21/10/2017 تم عقد اجتماع مع الاستاذ محمد قراغولي مدير مكتب
.في الشرق الاوسط حيث قدم الاخير نبذة مختصرة عن عمل شركة التأمين RFIB

تم اعداد دوات تدريبيه لموظفي شركه لارسا في مقر شركه تاج البحر وبلمواضيع التي تتعلق بالنقل البحري
A training course for LARSA staff was organized at SEA CROWN headquarters about maritime transport