Investment in Jordan

Investment environment in Jordan

Jordan is recognized for its attractive investment ecosystem that provides investors with the right tools for success, this ecosystem is bolstered by a stable political and economic climate and boasts a modern regulatory infrastructure in line with the latest global market trends and practices.

The investors in Jordan enjoy the following benefits:

Unique and strategic location As well as secure and attractive economic political and judicial environment under the dedicated and stable leadership of the Hashemite monarchy	Access to major international markets with a consumer base of over 1 billion people through Jordan’s free-trade agreements (especially with united states of America and the European union)and membership of the world trade organization	Qualified and competent Human resources Jordanian manpower is considered one of the most competent competitive and productive in the region
stable political environment with controlled macroeconomic tools	Granting the private sector the chance to play a major part in the country’s economic activity and development.	Advanced infrastructure of airport, ports and road networks with the intention of creating a railroad network that connects Jordan to its neighboring countries.
developed and modern investment legislation		Advanced finance and banking sector.

Key features of the investment law

Customs and sales tax exemptions for fixed assets used for production
A5% income tax on the institutes generated income within the development zone including industrial projects.
Total sales tax exemption on product and services acquired by the registered institution to operate within the development zone

Investment window

The new Investment window was established to provide a central location to serve investors it is staffed by authorized representatives from all entities involved in issuing licenses and permits.

Objectives:

Building trust in the investment environment.
Providing a central location for serving investors.
Following up on current projects and solving any obstacles, if encountered.
Reducing the time needed to license and register investment projects and determining all required procedures the investor should be handling beforehand

Services

Handling all investment projects procedures from the pre-licensing and registration phase to collecting required approvals.
Licensing and registering investment projects.
Registering the investment projects economic activities according the rules and regulations of the Jordanian companies law
Labor affairs services including granting work permits and approvals for recruiting non-Jordanian workers to perform the investment projects economic activities.
Granting entry and residency visas for investors and workers of the investment project.
Granting environmental approvals for the projects economic activities.
Providing investors with information and technical consultancy related to the projects economic activities.

Establishment and registration

Sectoral licensing

Building licensing and occupancy permits

Vocational licensing

Foreign investment in Jordan

Foreign investment enjoy incentives and benefits provided under the investment law including exemption from payment of custom duties general sales tax and in some cases reduction on income tax
No restrictions on percentage of foreign ownership except in a limited number of economic activities where a Jordanian partner is required 50.000 JDS minimum capital requirement for Foreign investment
minimum capital requirement for Foreign investment is 50.000 JDS except for shares purchased in public shareholding companies
Investment in the development zones and the free zones can be wholly owned by foreign investors.
Foreign investors enjoy privileges and guarantees including national treatment free movement of capital protection against expropriation and the option to resort alternative dispute settlement mechanism.
Foreign investment enjoys facilitated registration and licensing services provided by the investment window. In addition to support in obtaining visas and residency permits for the investor his/her family and project employees as well as other services.