Why Jordan?
Jordan is increasingly gaining popularity as an international business and investment hub. It has a unique combination of attributes that create an attractive environment for foreign business and investment; it offers world class infrastructure and communication, competitive human resources, ease of licensing and registration procedures and free repatriation of capital, profits and salaries.
A Favorable Business Environment
Jordan was ranked 10th in the region on the ease of doing business in the “Doing Business 2018” report published by the World Bank Group. This is due to the implementation of reforms and enforcement of laws to protect investors and enhance the business environment in Jordan.
Jordan offers equal treatment to both Jordanian and non-Jordanian investors; non-Jordanian investors have the right to own any project in full or part, and engage in any economic activity.
Foreign investments enjoy incentives and benefits offered by the Investment Law, including exemption from custom duties, general sales tax and in some cases reduction on income tax:
- No restrictions on foreign ownership except in a limited number of economic activities where a Jordanian partner is required.
- Investments in Development Zones and 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 options to resort to alternative dispute settlement mechanisms.
- Foreign Investments enjoy facilitated registration and licensing services provided by the Investment Window department of the Jordan Investment Commission, in addition to support in obtaining visas and residency permits for investors, their families and employees as well as other services
- No restrictions on capital transfers and repatriation of profit.
- 117 nationalities in industrial and service sectors own companies in Jordan.
The Jordan Investment Commission’s Investment Window department is the one-stop shop for investors or businesses seeking to register their businesses in a streamlined manner that takes up to 7 days.
For more information, visit their website:
https://www.jic.gov.jo/en/reasons-to-invest-in-jordan/investor-friendly-environment/
Special Economic Zones
Jordan has special economic zones distributed in various locations and divided into two types: Development Zones and Free Zones.
Development Zones | Free Zones |
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- 100% foreign ownership - Facilitated visa permits - Return of capital and profits to the country of origin |
A Gateway to the World
Being situated at the convergence of Europe, Asia and Africa, Jordan connects you with over 1 billion consumers via extensive and global free trade and bilateral agreements: 55 Bilateral Investment Treaties, 27 Double Taxation agreements and 7 Free Trade Agreements allowing access to regional and international markets.
Jordan’s Free Trade Agreements open markets in:
- 17 Arab countries under the Greater Arab Free Trade Agreement (GAFTA).
- European Union under the Association Agreement.
- Egypt, Morocco and Tunisia under the Agadir Agreement which aims at supporting further integration between these countries and the European Union.
- Norway, Switzerland, Iceland and Liechtenstein under the European Free Trade Association (EFTA).
- In addition to the USA, Singapore, Canada