Foreign companies in Iraq: recent measures, possibility of suspending activities

Article Abstract:

Iraq has recently changed laws to accommodate companies that are prohibited from doing business there by the international sanctions. Moreover, the sanctions are interpreted differently from country to country. EC sanctions prohibit exports of all but humanitarian material and any financial transaction that would benefit the government of Iraq. Some EC countries have also instituted additional conditions. Iraq's legal changes permit suspension of activities, offer some protection from fines if accommodation to the Iraqi government is sought but authorize seizure of abandoned assets otherwise.

Analysis, Economic policy, Sanctions (International law), Iraq

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Investing in Lebanon

Article Abstract:

Foreign investors, encouraged by Lebanon's steady progress in reconstruction and economic development, are showing increasing interest in investing in the country. The types of business organization through which foreign firms can conduct business in Lebanon are described. Those types include personal enterprise, branch office, representative office, joint stock company, limited liability company, offshore company, and holding company.

Administration of General Economic Programs, Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Business Regulation NEC, Regulation of Dom Invest by Foreign, Foreign investments, Commercial law, Foreign investment laws

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Lebanon continues modernizing business laws: recent highlights

Article Abstract:

The modernization of business legislation in Lebanon is discussed. Recent developments have included laws against money laundering.

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