The Social Security Rate For Companies in Iraq stands at 12 percent. source: Ministry of Labor and Social Affairs

Social Security Rate For Companies in Iraq is expected to reach 12.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iraq Social Security Rate For Companies is projected to trend around 12.00 percent in 2021, according to our econometric models.

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Iraq Social Security Rate For Companies

Actual Previous Highest Lowest Dates Unit Frequency
12.00 12.00 12.00 12.00 2008 - 2021 percent Yearly

Iraq Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 35.00 15.00 35.00 15.00 percent [+]
Personal Income Tax Rate 15.00 15.00 15.00 15.00 percent [+]
Social Security Rate 17.00 17.00 17.00 17.00 percent [+]
Social Security Rate For Companies 12.00 12.00 12.00 12.00 percent [+]
Social Security Rate For Employees 5.00 5.00 5.00 5.00 percent [+]


Iraq Social Security Rate For Companies
In Iraq, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Iraq because they help to pay for many social programs including welfare, health care and many other benefits.