Since 08.31.2015
Suggested the Iraqi National Business Council, on Monday, four paragraphs to be included in the Investment Law No. 13, which was prepared to vote in the House of Representatives.
The head of the Council of David Abdul Zayer in a statement received / scales News / him, it was "because of the importance of investing in the development of the Iraqi economy and to create laws and attractive national investor and the foreign environment and the most important of the Investment Law No. 13 of 2006, as amended, for the purpose of the amendment is that the House of Representatives in the process of approval during this days in the very perfect, we deem it necessary and logical to add some paragraphs that would support the law. "
He Zayer, that "the paragraphs that have been sent to the Committee on the economy and investment representative are inspired by the experiences of others to characterized by Iraqi law, the laws in force in the region and in order to be easy and fast application without hindrance to remember," explaining that "the first paragraph of the proposed included granting the investor within cities investment (Chalsknah, industrial or tourism or media, commercial or others) the right to enjoy the investment and obtain an investment license within the city granted the law of investment license also straighten the legal status of land use to the second investor either lease or acquisition if the industrial city or residential. "
He Zayer, that "the second paragraph has been allocated to the invitation to exempt the investor from all taxes, fees and customs of all the raw materials and supplies production in line with the direction the government of preventing the import of non-economic and non-essential and the promotion and protection of the national industry, in the third paragraph stressed that enjoys the investment project All the privileges of the laws in force in addition to the investment law. "
And on the fourth paragraph of the proposal submitted to the House of Representatives on the amendment of the Investment Law, president of the National Business Iraqi Council, based on a study of the project of the Committee for the economy called for a "call industrial investors through the enjoyment of all industrial laws, including the Industrial Development Act No. (20) in addition to the Investment Law ".
This "confirmed Chairman of the amendment of the Investment Law Nora Albjara, on Sunday, the amended investment law that will provide 50% of the workforce to the Iraqis, as revealed he will pass in parliament next week," .anthy 29 / d 25
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