Despite the fluctuating security situation in the country foreign investment has grown rapidly since the relevant Iraqi laws were amended so as to allow foreign direct investment of up to 100% ownership. The firm has expertise on a wide range of foreign investment matters including setting up structures and start-up enquiries, the formation of local companies, the establishment of branch and representative offices, drafting and negotiating definitive agreements such as joint ventures, shareholder agreements, sale and purchase contracts and other ancillary commercial agreements.