Insights

Deloitte Tax practice in Iraq

Creating the future, together

This summary document, outlining our tax service offerings in Iraq, provides clear insight on the added value we can bring to your business through corporate income tax, withholding tax, employment tax, social security contributions and other tax services. Our approach is dynamic and flexible which enables us to tailor our services to meet your specific business requirements.

Deloitte Tax practice in Iraq

Increasing oil prices and developments in the security situation are encouraging foreign companies to invest in Iraq. The tax authority in Iraq is equally investing in their internal systems, and they have introduced new measures, such as electronic payment of taxes and establishment of the large taxpayers’ unit.

Given the lack of infrastructure and resources, tax compliance continues to largely remain a manual process. Therefore, being tax compliant in Iraq is inherently more challenging than in many of the other jurisdictions in which businesses typically operate. In addition, for new entrants to Iraq, it is key to be tax compliant from day one, as a lack of focus on tax matters is likely to hamper commercial operations in the future.

How can Deloitte help?

As you develop your business in Iraq, we will be available to help you every step of the way. At Deloitte, we combine our international expertise with in-country presence and are able to offer unique insights into the regulatory and tax challenges in Iraq. Deloitte has legal entities registered in both Baghdad and Erbil with dedicated resources located in Iraq and UAE available to meet with you at a time of your convenience. 

Deloitte Tax practice in Iraq
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