> ## Documentation Index > Fetch the complete documentation index at: https://v2.docs.conduit.financial/llms.txt > Use this file to discover all available pages before exploring further. # Iraq > How to collect KYB documents from business customers in Iraq (IRQ) when onboarding through the Conduit API. ## Overview | Field | Value | | ------------ | --------------------------------------------------- | | Region | Asia (West, South & Central) | | ISO 3166-1 | IQ / IRQ | | Registry | MOT Companies Registrar (federal) or KRG-MOTI (KRI) | | Last updated | 2026-05-06 | ## Identifiers Collect two identifiers from each business customer in Iraq and submit them as strings on the application body. | API field | Local name | Issuer | | ------------------------------- | -------------------- | ------------------------------------------------------- | | `businessInfo.taxId` | **TIN** | General Commission for Taxes (GCT), Ministry of Finance | | `businessInfo.businessEntityId` | **رقم تسجيل الشركة** | MOT Companies Registrar (federal) or KRG-MOTI (KRI) | *Tax ID:* Issued post-registration; format not publicly standardised. *Registration number:* Sequential numeric; appears on the Certificate of Registration. KRI-issued numbers are distinct from federal numbers. ## Sector regulators `CBI` · `ISC` · `GCT/MoF` · `MOT Companies Registrar` · `KRG-MOTI` ## Legal structures | Local name | Abbreviation | Description | | --------------------------------------------------- | ------------ | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | Limited Liability Company (شركة ذات مسؤولية محدودة) | LLC / ش.م.م | 1–25 shareholders; minimum capital IQD 1,000,000; managed by an appointed Managing Director; most common form for foreign investment under Companies Law No. 21/1997 (as amended by Law No. 17/2019). Equivalent to a US LLC. | | Joint Stock Company (شركة مساهمة) | JSC / ش.م | Share-capital company with separate legal personality; minimum 5 shareholders and a board of 5–9 members. Private JSC shares are restricted from public trading; Public JSC shares may be listed on the Iraq Stock Exchange. Closest US equivalent: C-Corp. | | General Partnership (شركة التضامن) | — | Two or more partners who are jointly and severally liable for all partnership debts to the full extent of their personal assets; minimum capital IQD 50,000. Closest US equivalent: General Partnership (GP). | | Limited Partnership (شركة التوصية) | — | At least one general partner with unlimited liability and one or more limited partners whose liability is capped at their capital contribution; governed by Companies Law No. 21/1997. Closest US equivalent: Limited Partnership (LP). | | Simple Company (شركة البسيطة) | — | 2–5 partners; lighter governance and formality than a general partnership; partners may contribute capital or services; typically used for small professional or trading firms. Closest US equivalent: General Partnership (GP). | | Individual Enterprise (المشروع الفردي / شركة الفرد) | — | Single natural person who owns the sole share and bears unlimited personal liability for all enterprise debts; reserved for Iraqi nationals. Closest US equivalent: Sole Proprietorship. | | Mixed Company (شركة مختلطة) | — | Joint venture between private persons and a public-sector entity holding at least 25% of capital; may only be formed as an LLC or JSC; subject to additional state-participation governance rules. No direct US equivalent; a public-private hybrid. | | Branch of Foreign Company | — | A foreign entity registers a branch with the MOT Companies Registrar; the branch has no separate legal personality and the parent bears full liability; requires a local representative. Closest US equivalent: Foreign Branch (not a separate legal entity). | | Representative Office | — | Foreign entity presence limited to liaison, market research, and promotional activities; may not conduct revenue-generating commercial transactions; registered with MOT. Closest US equivalent: Foreign Rep Office. | ## How documents combine For each evidence area, this table shows whether the listed documents are alternatives (any one of) or a bundle (all required). The artifact-by-artifact lookup follows below. | Evidence area | Documents needed | | ---------------------- | ------------------------------------------------------------------- | | Legal Registration | Certificate of Company Registration | | Constitutive Documents | Memorandum and Articles of Association | | Tax Registration | Tax Registration Certificate | | Operating Permit | Municipal Trade License | | Ownership Records | Shareholders Register | | Governance Records | *Any one of:* Managing Director Appointment Record · Board Register | | Signing Authority | *Any one of:* Board Resolution · Notarised Power of Attorney | | Address | *Any one of:* عقد إيجار · فاتورة خدمات · كشف حساب بنكي | | Good Standing | Certificate of Company Registration | ## Documents to collect The physical documents you'll collect from your customer, with the evidence area each one proves. One document can prove multiple areas — for example, Brazil's Cartão CNPJ covers both tax and business-registration proof, so it appears once with both areas listed. | Document | Proves | | ------------------------------------------------------------------------ | -------------------------------------------------------- | | **Certificate of Company Registration (شهادة تسجيل الشركة)** | Legal Registration, Good Standing | | **Memorandum and Articles of Association (عقد التأسيس والنظام الأساسي)** | Constitutive Documents | | **Tax Registration Certificate (شهادة التسجيل الضريبي)** | Tax Registration | | **Municipal Trade License (إجازة تجارية بلدية)** | Operating Permit | | **Shareholders Register (سجل المساهمين)** | Ownership Records | | **Managing Director Appointment Record** | Governance Records | | **Board Register (سجل المديرين)** | Governance Records | | **Board Resolution** | Signing Authority | | **Notarised Power of Attorney (قرار مجلس الإدارة / توكيل رسمي)** | Signing Authority | | **عقد إيجار** | Address | | **فاتورة خدمات (خلال 90 يومًا)** | Address | | **كشف حساب بنكي (خلال 90 يومًا)** | Address | | **Sector-Specific License** | CBI License (banking/exchange), ISC License (securities) | ### Collection notes * **Legal Registration:** Issued by MOT Companies Registrar (federal) or KRG-MOTI (KRI); confirms registration number and legal status. * **Constitutive Documents:** Single constitutive document for LLCs; JSCs may have separate memorandum. Filed with and stamped by MOT. * **Tax Registration:** Issued by GCT/MoF; must be obtained after company registration. Kurdistan has a separate tax administration. * **Operating Permit:** Issued by local governorate/municipality; required to operate at a specific address. Requirements vary by governorate. * **Sector-Specific License:** CBI for banks, money-service businesses, FX dealers; ISC for brokers and market participants. Only required in regulated sectors. * **Ownership Records:** MOT extract lists all shareholders for the company's registered jurisdiction (federal or KRI). * **Governance Records:** Embedded in MOT company file; MOT-certified extract or stamped Memorandum listing appointed directors suffices. * **Signing Authority:** Board resolution of LLC general assembly or JSC board; POA must be notarised by Iraqi notary and, if issued abroad, authenticated via embassy legalisation chain (Iraq is not a Hague Apostille party). * **Address:** Lease (no recency requirement) OR utility bill OR bank statement dated within 90 days. Satisfies both registered-address and operating-address checks. * **Good Standing:** Neither the federal MoT Companies Registrar nor KRG-MOTI surfaces a separate certificate of good standing; active status is evidenced by a recently-dated Certificate of Company Registration (شهادة تسجيل الشركة) confirming current registration plus any sector-specific Permit to Practice Commercial Activity where applicable. Request issuance within 30 days. ## Person roles When you submit a person on the application body, set their `role` to one of Conduit's canonical `BusinessPersonRole` values. Use this table to map a local corporate-governance title onto the right canonical role. | Local role | Canonical API role | Description | | ------------------------------------------------------------ | ---------------------- | ----------------------------------------------------------------------- | | Managing Director (مدير عام) | `CONTROLLING_PERSON` | Appointed by general assembly of LLC; day-to-day operational authority. | | Deputy Managing Director (نائب المدير العام) | `CONTROLLING_PERSON` | Deputises for Managing Director; operational authority. | | Board Member (عضو مجلس الإدارة) | `CONTROLLING_PERSON` | JSC board member elected by general assembly; governance role. | | Board Chairman (رئيس مجلس الإدارة) | `CONTROLLING_PERSON` | Elected by JSC board from among members; presides over board. | | Legal Representative / Attorney-in-Fact (وكيل قانوني / مفوض) | `LEGAL_REPRESENTATIVE` | Holder of notarised POA authorised to bind the company. | ## Additional fields Country-specific fields you'll need to collect during onboarding, beyond the document uploads. | Field | Applies to | Reason | | ------------------------------------- | ---------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | `Iraqi shareholder ≥51% confirmation` | founder | Law No. 17/2019 (federal amendment, eff. 9 September 2019) mandates at least 51% Iraqi ownership in federal-Iraq LLCs and JSCs; does not apply to KRI-incorporated entities. | ## Notes * Federal vs. KRI bifurcation: Companies registered under the KRG-MOTI in Erbil, Duhok, or Sulaimaniyah are legally distinct from MOT-registered federal entities; registration numbers, governing rules, and the 51% Iraqi-ownership requirement all differ. Always confirm which registry issued the certificate. * 51% Iraqi ownership (federal only): Law No. 17/2019 requires at least 51% Iraqi equity in federally registered companies. KRI did not adopt this amendment — foreign investors can hold 100% in KRI entities. * No Apostille: Iraq is not a party to the Hague Apostille Convention. Foreign-issued documents (POAs, board resolutions, identity documents) require full embassy-chain authentication: notarisation → home-country foreign-affairs ministry → Iraqi embassy legalisation.