Business
Pre-2021 commercial codes applied unevenly
The Commercial Code and 2016 Company Law formally remain, and the registry at ACBR still issues licences, but application depends on local officials. Banking is severely constrained by sanctions and correspondent-banking withdrawal.
Governing law
- Law on Commercial Companies2016
- Commercial Code of Afghanistan1955, as amended
- Law on Private Investment2005
In practice
Foreign-owned entities can in principle register, but currency controls, the central bank's loss of access to foreign reserves and interest-based lending being treated as impermissible have reshaped practice more than any statutory change. Interest-bearing loans are widely avoided in favour of Islamic finance structures.