| Income Tax (Direct Deduction) | It is a 5% of net income deducted from the salaries of the public and private sector employees on a monthly basis. Only employees making over one million Iraqi Dinars (1,000,000… |
| Certified Cheques by Public Sector Commercial Banks | Preparing certified cheques required in lieu of cash for the citizens or residents to process formal transactions at the government institutions. This type of check is required… |
| Cooperate Tax Collection | It is the tax that all active companies in the Kurdistan Region, including the sole propriety firms, are liable to its settlement. It is a flat rate of 15% of the taxable income. |
| Bank Guarantee (Letter of Credit) | Any company or contractor winning a tender for any project implementation, must provide a Letter of Guarantee equal to the total project cost from one of the Public Sector… |
| Opening Current Account for the Private Companies | Any company would like to open a bank account at one of the Governmental Commercial Banks is eligible to open an account and obtain cheque books in order to deposit or withdraw… |
| Opening Personal Current Account | Any individual is eligible to open a personal account at one of the Governmental Commercial Banks and can obtain cheque books in order to deposit or withdraw funds. |
Kurdistan Regional Government
The Presidency of The Council of Ministers
The Services Portal