College of Commerce was established as a private evening college in (1997) according to a decree issued by the council of the ministry of higher education and scientific research; No. (1757) on (21 Aug 1997). Later, it attached to the public University of Sulaimani in (2000), hence it became one of the university’s colleges.
In the beginning, the college adopted self-funding strategy until (2012). However, due to a decision made by the council of ministries of KRG, student admission fees had been removed, so registration became free of charges up.