Iraq corporate tax rate
Standard corporate income tax rate on the net taxable income of companies, administered by the General Commission of Taxes (الهيئة العامة للضرائب) under Income Tax Law No. 113 of 1982 as amended. A single flat rate applies to limited liability companies, private joint-stock companies, mixed joint-stock companies, and foreign companies registered in Iraq or otherwise having a permanent establishment there. Iraq taxes Iraq-source income.
| Current value | 15 percent |
|---|---|
| In force from | 2004-04-01 |
| Official source | CPA Order No. 49 (Tax Strategy of 2004), Section 3, amending Article 13(1) of Income Tax Law No. 113 of 1982 — '(C) Income of limited liability companies, at a fixed rate of 15%. (D) Income of private joint-stock companies, at a fixed rate of 15%. (E) Income of mixed joint-stock companies, at a fixed rate of 15%'; Section 3(3): 'Foreign companies that are registered in Iraq or otherwise have a permanent establishment in Iraq will be subject to tax at a fixed rate of 15% on their income in Iraq' |
| Last verified | 2026-07-24 |
| Verification | primary — No verification limitation recorded — read from the official source cited. |
| Provenance | source fingerprint |
What this value means
Flat 15% on corporate net taxable income. The rate was set by CPA Order No. 49 of 19 February 2004, which amended Article 13 of Income Tax Law No. 113 of 1982 and reduced the maximum income tax rate from 40%/45% to 15%; income tax was reinstated from 1 April 2004 after suspension for financial year 2003 and the first quarter of 2004, hence effective_from 2004-04-01. The rate has been carried unchanged in Iraqi practice ever since; Law 113 of 1982 as amended remains the governing statute and is administered by the General Commission of Taxes. OIL AND GAS — 35%, NOT 15%: Law No. (19) of 2010, the Law Imposing Income Tax on Foreign Oil Companies Contracted to Work in Iraq (published in al-Waqai al-Iraqiya No. 4148 of 15 March 2010), imposes 35% on income realised in Iraq from contracts with foreign oil companies, their subsidiaries, branches or offices and their subcontractors working in oil and gas extraction and production and related industries; Article 113/1982 applies to anything Law 19/2010 does not cover. So a services subcontractor to an IOC on an Iraqi field is at 35%, not 15% — this is the single most common misclassification in Iraqi corporate tax and the reason a flat '15%' answer is often wrong for the energy sector. OTHER CARVE-OUTS: the Kurdistan Region administers its own tax collection and practice diverges; Investment Law No. 13 of 2006 grants time-limited exemptions to licensed investment projects; Law No. 101 of 1964 (the separate 25% levy on company profits) was SUSPENDED by CPA Order 49 Section 7 and is not payable. Iraq has no VAT (see the vat series). ACCESS NOTE: the General Commission of Taxes site (tax.mof.gov.iq) refused connection from this location, so the statutory text is cited from the CPA Order archive held by the US National Archives / University of North Texas CyberCemetery, which mirrors the signed instrument; the Iraqi State Council legislation database (iraqld.e-sjc-services.iq) returned HTTP 403.
Get it programmatically
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# History: curl https://asiaref.dev/v1/iq/corporate-tax/history?from=2020-01-01
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