1. Registering a business
  2. Closing a company
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Steps (33) arrow_drop_up arrow_drop_down
Prepare documents  (7) expand_more expand_less
Get clearance request letters  (4) expand_more expand_less
Publish in newspaper  (4) expand_more expand_less
Obtain company close down decision  (18) expand_more expand_less

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Summary of the procedure

Institutions involved 2 expand_more expand_less

Directorate of Erbil company (x 21)
1 2 3 4 5 6 7 8 9 10 11 16 17 18 19 20 21 22 23 24 33
General directorate of company registration (x 8)
25 26 27 28 29 30 31 32

Results 1 expand_more expand_less

Company close down decision issued
33

Required Documents expand_more expand_less

Minutes of meeting
1
Request letter to close down company
1
Company close down request letter signed-director
2
Request letter to close down issued
3
Request letter to close down signed by legal officer
4
Minutes of meeting signed by shareholders
4
Request letter to close down checked
5
Closing down fees from legal department
6
Request letter to close down signed-accountant officer (x 3)
7 8 9
Close down invoice (x 2)
8 9
Clearance request letter- traffic directorate
9
Clearance request letter- tax directorate
9
Clearance request letter- GD of trade
9
Clearance request letter- chamber of commerce
9
Clearance request letter- social security
9
Announcement (Khabat newspaper) (x 2)
9 10
Announcement (Kurdistan newspaper)
9
Company close down decision
9
Clearance letter- traffic directorate signed- legal officer
10
Clearance letter- tax directorate signed- legal officer
10
Clearance letter- GD of trade signed- legal officer
10
Company close down decision signed- legal officer
10
Clearance letter- traffic directorate signed- director
11
Clearance letter- tax directorate signed- director
11
Clearance letter- GD of trade signed- director
11
Company close decision down signed- director
11
Announcement(Khabat news paper) signed-director (x 2)
12 14
Clearance from traffic directorate
16
Clearance from tax directorate
16
Clearance from GD of trade
16
Clearance from camber of commerce
16
Clearance from social security
16
Announcement of company close down in newspaper (x 3)
16 19 21
Company name deletion request letter
16
Company budget before and after closing down (x 2)
16 17
Representative report and minutes of meeting (x 4)
16 19 20 21
Clearance from traffic directorate signed
17
Clearance from tax directorate signed
17
Clearance from GD of trade signed
17
Clearance from chamber of commerce signed
17
Clearance from social security signed
17
Company name deletion request letter signed
17
National ID card (x 2)
18 26
Company dossier number (x 2)
18 25
Company name deletion request- issued
19
Clearance from traffic directorate issued (x 3)
19 21 27
Clearance from tax directorate issued (x 3)
19 21 27
Clearance from social security Issued (x 3)
19 21 27
Clearance from GD of trade issued (x 3)
19 21 27
Clearance from chamber of commerce issued (x 3)
19 21 27
Company budget before-after closing down issued (x 4)
19 21 27 29
Company name deletion request signed-legal officer
20
Company name deletion request signed-auditor (x 2)
21 27
Company close down decision
22
Company close down decision signed-legal officer
23
Company dossier
24
Company dossier receipt
24
Company dossier number signed
26
Company name deletion request checked
28
Company name deletion request signed-inspection officer
29
Company close down decision signed- director
30
Company close down decision signed- inspection officer
31
Close down decision signed-general director (x 2)
32 33

Estimated cost IQD  150,000

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USD expand_more expand_less
  • USD Add Name Here
IQD 50,000
Close down fee
IQD 50,000
Publication fee
IQD 50,000
Auditing fee

Total Duration 31 d - 32 d expand_more expand_less

  Min. Max.
Total time (sum): 31 d 32 d
of which:
Waiting time in queue (sum): 2h. 25mn 4h. 55mn
Attention at counter: 2h. 25mn 5h. 5mn
Waiting time until next step (sum): 31 d 4 d

Laws 3 expand_more expand_less

Companies Law No. 21 of 1997 amended for the year 2004 Companies law No 21 from 1997 amended for the year 2004
  articles 133, 147, 170, 176, 177
The company close down conditions Company close down terms
Regulation of fees to close down a company number 5112 from 26/11/2017 Regulation of fees to close down company number 5112 from 26/11/2017
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