Registered 45 New Foreign Company Last Month
|February 5, 2014||Filled under Other News|
Announced department of foreign companies in the Companies Registration Department at the Ministry of Commerce for increasing the number of foreign companies, investment recorded in the month of January last reported in December 2013.
Added source in the section statement singled out by the (morning) that the number of foreign companies that have been recorded last month stood at 45 companies consisted of 9 branches and 36 representative offices in Iraq.
Explained that the month of December last year witnessed a record 24 foreign companies represented by 5 branches and 19 representative offices in the country.
Noted that last year saw a record 412 foreign companies and the liquidation of two other companies where The liquidation decision was based on the desire of the boards of directors of those companies. and accept Source stages of recording companies during the past years, saying that the year 2003 saw a record six foreign companies, pointing out that 2004 saw a record 254 foreign companies, while the number fell in 2005 to reach 140 Company only because Machdh that year disorders and conditions are unstable.
Source pointed out that in 2006, during which registered 39 foreign companies only confirms that the economic reality is greatly influenced political stability.
Noting that 2007 saw a record 21 foreign companies only. added that after stability relative in the security situation year 2008 witnessed record 45 foreign companies to arrive in the year 2009 to 116 foreign companies.
Stressing that the year 2010 saw a rise in the number of foreign companies registered in Iraq, where it reached 185 foreign companies have been registered to practice economic activities varied, and confirmed that there was a marked increase show day after day in the desire of foreign companies to invest in Iraq, where it was registered 401 companies in 2011 generates the conviction that the stability of the political impact of the economic boom. Said that the number of companies registered in the year 2012 amounted to 457 foreign companies a variety of disciplines, including oil companies and other Contracting and reconstruction of infrastructure and electricity.
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