Create Real Estate Agent Invoice in IQD →

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Iraq Tax Information

No general VAT

No VAT system. Sales tax 300% on luxury goods only. Corporate tax 15%. Income tax progressive.

Real Estate Agent Services to Invoice

  • Sales commission
  • Buyer representation
  • Listing services
  • Property marketing
  • Rental management
  • Consultation
  • Transaction coordination

Invoice Requirements in Iraq

Tax registration
Business license
Client details
Invoice number
Total in IQD

Payment Terms

Commissions paid at closing through escrow.

CashNet 15Net 30Advance

Payment Methods in Iraq

CashBank TransferQi CardRasheed BankTBI

Real Estate Agent Invoice Tips

  • Reference property address
  • Show commission calculation
  • Include transaction date
  • Detail marketing expenses
  • Reference listing agreement

Frequently Asked Questions

What tax rate applies to real estate agent invoices in Iraq?

Iraq has No general VAT. No VAT system. Sales tax 300% on luxury goods only. Corporate tax 15%. Income tax progressive.

What payment methods are common for real estate agents in Iraq?

Common payment methods in Iraq include: Cash, Bank Transfer, Qi Card, Rasheed Bank, TBI. Commissions paid at closing through escrow.

What should real estate agent invoices include in Iraq?

Your invoice should include: Tax registration, Business license, Client details, Invoice number. For real estate agent services specifically, also include: Sales commission, Buyer representation, Listing services.

How are commissions invoiced?

Paid through escrow at closing. Invoice brokerage with property details and commission calculation.

Can agents charge for additional services?

Yes, services beyond standard representation can be billed separately.

Is there VAT in Iraq?

No general VAT system. Sales tax only on luxury goods at high rates. Most transactions not subject to sales tax.