Iraq is in the Middle East, bordering the Persian Gulf, situated between Iran and Kuwait.  In Iraq, company registration is managed by the Iraqi Companies Directorate under the Ministry of Trade. Common company types include the Limited Liability Company (LLC) or شركة ذات مسؤولية محدودة (Shirkah Dhati Mas'ooliyah Mahdoodah) and the Public Joint Stock Company (PJSC) or شركة مساهمة عامة (Shirkah Musahama Aama), with businesses primarily concentrated in sectors like oil and gas, construction, and telecommunications.