Economic Committee Member: Exempting foreign companies from taxes will attract large companies to Iraq

Posted: September 6, 2013 in Iraqi Dinar/Politics
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11:51 05/09/2013

A member of the parliamentary Economic Committee Hussein المرعبي that passing a law exempting foreign companies from taxes and fees will attract large investment firms to operate in the country.

He said المرعبي in a statement received news agency public opinion (and babysit) a copy of “the country needs real to attract global investment firms discreet to build hundreds of thousands of housing units in addition to the infrastructure, roads, bridges and the like, indicating that these companies will run a lot of manpower and ستنعش economy and tourism . ”

And went on saying that “the lack of security and political stability in the country will be a factor طاردا to those companies, he said, adding that we need to reform banking laws and sober and adjust to the movement of currency trading by the Securities Commission as well as granting facilities in the procedures for granting visas / Visa / and the residence of the companies that it is hoped that working for many years in the country, and reduce bureaucracy in the registration of land or comfortable having those companies ”


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