All countries aspire to attract foreign investments, especially direct ones, for the great benefits they bring to their economies. The Iraqi legislator, aware of these benefits and his need for them to develop the economy, established the Foreign Company Branches Regulation No. 2 of 2017, which contributed to achieving a qualitative breakthrough in the scope of investment in The form of branches of foreign companies, then the legislator evaluated this system and the advantages it achieved in the context of attracting foreign companies and sought the need to amend it to be consistent with the goals it set within the scope of the amended Iraqi Investment Law No. 13 of 2006 and the vision of improving the business and investment environment drawn up in accordance with Council of Ministers Resolution No. (245) for the year 2019, then came the amendment to Regulation No. 4 of 2023 for Branches of Foreign Companies, which eliminated much of the work bureaucracy and the obstacles and slowdowns in the pace of investment under Regulation No. 2, especially with regard to the requirement that (a period of two years) have passed since the establishment of the company, in addition to other lengthy periods which could create a kind of reluctance or restlessness regarding the procedures, but it left some questions and contradictions that we highlighted in the research pages, especially those related to the aspects that the legislator specified for branches of foreign companies to conduct commercial activity,
Zman Jaafar (Fri,) studied this question.