18.11.

2012

Doing Business in Iraq - World Bank Group

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Ease of Doing Business in

Iraq
This page summarizes Doing Business 2013 data for Iraq. The first table lists the overall "Ease of Doing Business" rank (out of 185 economies) and the rankings by each topic. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.
ECONOMY OVERVIEW
DOING BUSINESS 2013 RANK

EXPLORE ECONOMY DATA

DOING BUSINESS RESOURCES

Law Library
Search for business law s and regulations in Iraq

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REGION INCOME CATEGORY POPULATION GNI PER CAPITA (US$)

Middle East & North Africa Low er m iddle incom e 32,961,959 2,640

DOING BUSINESS 2012 RANK

CHANGE IN RANK

Contributors
See w ho contributed to Doing Business 2013

165

163

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See historical data sets and trends

ADDITIONAL TOPIC TOPIC RANKINGS Starting a Business Dealing w ith Construction Permits Getting Electricity Registering Property Getting Credit Protecting Investors Paying Taxes Trading Across Borders Enforcing Contracts Resolving Insolvency
DB 2013 Rank DB 2012 Rank Change in Rank

Employing Workers
ADDITIONAL DATA

177 84 46 100 176 128 65 179 141 185

177 80 47 98 176 124 59 181 141 185

No change -4 1 -2 No change -4 -6 2 No change No change

Distance to frontier Entrepreneurship Good practices Transparency

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Starting a Business

Dealing with Construction Permits

Getting Electricity

Registering Property

Getting Credit

Protecting Investors

Paying Taxes

Trading Across Borders

Enforcing Contracts

Resolving Insolvency

177

84

46

100

176

128

65

179

141

185

Starting a Business
DB 2013 RANK

177

DB 2012 RANK

177

CHANGE IN RANK

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Year

Business entry density rate

Num ber of new lim ited liability com panies

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18.11.2012
2011
Indicator Procedures (number) Time (days) Cost (% of income per capita) Paid-in Min. Capital (% of income per capita)

Doing Business in Iraq - World Bank Group

0.11
Iraq

1,943
Middle East & North Africa OECD

10 74 81.1 25.2

8 23 29.8 72.3

5 12 4.5 13.3

No. 1 2 3 4 5 6 7 8

Procedure

Time to Complete

Associated Costs

Search for a company name; obtain a name reservation letter from the Baghdad Chamber of Commerce Hire a lawyer to draft articles of association Deposit initial capital at commercial bank and obtain confirmation receipt File for registration at the Commercial Registry Make company seal Obtain registration certificate Report to tax authority to establish tax registration Legalize accounting books

2 days 1 day 2 days 14 days 2 days 1 day 2 days 2 days

IQD 500,000 about IQD 1,500,000 IQD 5,000 IQD 250,000 - 350,000 IQD 20,000 included in procedure 4 IQD 450,000 USD 150

9 10

Register employees for social security Apply for a trade license

3 days 30- 60 days

IQD 20,000 IQD 200,000

Hom e

Data

Iraq

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