The Single Window System: An Electronic Revolution to Speed Up Company Registration and Stimulate Investment in Iraq
The Single Window System: An Electronic Revolution to Speed Up Company Registration and Stimulate Investment in Iraq
2025-03-23
Advisor to the Prime Minister, Mazhar Mohammed Salih, spoke on Sunday about the importance of the “single window” for company registration, noting that this unified electronic system has many exceptional advantages that contribute significantly to improving the business environment in Iraq. Salih stated in a statement that establishing a unified electronic system for company registration is an important step in supporting commercial activity and stimulating investment in Iraq. He explained that the system not only facilitates procedures, but also enhances business efficiency and creates a strong economic environment, surrounded by essential factors such as speeding up procedures and reducing red tape.
Among the advantages Saleh mentioned, the most notable is the reduction in the time required to register a company, which used to take weeks or even months, while now it can be done in hours or minutes.
He pointed out that this system contributes to reducing operational and administrative costs, reducing reliance on paper transactions, and thus lowering costs for investors.
Saleh added that the system enhances transparency and is an important part of the government’s digital transformation and e-governance program. Through the system, data can be verified immediately, reducing the chances of manipulation or errors, enhancing trust between investors and government agencies, and improving the business environment in Iraq.
He also emphasized that this system enhances connectivity and network integration between various entities, such as the General Tax Authority, investment authorities in the governorates, banks, the Companies Registry, and departments of the Ministry of Commerce, facilitating sound investment and production decisions.
Concluding his remarks, Saleh noted that the electronic system supports entrepreneurship and small businesses and encourages the removal of bureaucratic obstacles facing startup owners. This, he said, contributes to increasing the number of small and medium-sized enterprises (SMEs), which constitute the backbone of the national economy within the framework of the government’s strategy and the National Development Plan 2024-2028.
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