Throughout their operational presence in Iraq, we assist our clients in all matters pertaining to the financial management (taxation, accounting, auditing, and social security obligations and processing) of their in-country structures, activities, and local employees.
- We undertake tax and related accounting set-ups and systems
- Establishing Iraqi tax files and obtaining the corresponding Tax Identification Numbers (TIN)
- Maintaining Iraq-based bookkeeping
- Converting financial statements to Iraqi unified accounting system
- Assigning account codes accepted by the Iraqi Unified Accounting System and trial balance
- Ensuring that business income tax and related matters comply with current filing requirements of the Iraqi tax authorities
- Financial control risk assessment and review
- Internal audits and investigations
- Training of clients’ local employees in the foregoing.