Iraq Corporate Income Tax
Detailed corporate income tax rates and rules for Iraq in 2026.
Corporate TaxIQD
Iraq's corporate income tax rate is 15%. Oil companies operating under service contracts pay at the standard rate but are also subject to a 35% tax under certain oil law provisions. Companies in the Kurdistan Region may face different effective rates.
Standard Rate
15%
Additional Notes
Iraq's Investment Law provides tax exemptions for qualifying projects for up to 15 years depending on the location and sector.
How Iraq Corporate Tax compares
Iraq’s corporate tax rate of 15% is the 162nd highest of 203 countries TaxAtlas tracks, below the global average of 22.2% and Asia’s regional average of 19.7%.
Iraq
15%
Asia average
19.7%
Global average
22.2%
