Starting a Business in Jordan
This table summarizes the procedures and costs associated with setting up a business in Jordan.
Export to Excel | Local partners | Methodology
View all indicator data and topic details for this economy.
This table summarizes the procedures and costs associated with setting up a business in Jordan.
Export to Excel | Local partners | Methodology
View all indicator data and topic details for this economy.| Procedure | Time to complete: | Cost to complete: | |
|---|---|---|---|
| 1 | Execute the company’s formation contract and the memorandum and articles of association. | 1 day | JOD 800 |
| 2 | Open bank account; deposit 50% of the capital | 1 day | no charge |
| 3 | Register the company; obtain registration certificate, and file general assembly first meeting and board of directors' minutes of meeting at the Ministry of Industry and Trade | 1 day | JOD 10 (Filing Fee), + JOD 10 (Registration Certificate Fee), + 0.02% of Share Capital (Registration Fee), + JOD 15 (Fee For Publication in the Official Gazette)+ JOD 40 File general assembly first meeting and board of directors' minutes of meeting |
| *4 | Register for corporate tax, salary withholding tax, and VAT | 1 day (simultaneous with previous procedure) | no charge |
| *5 | Register with the chamber of industry or chamber of commerce | 1 day (simultaneous with previous procedure) | JOD 164 |
| 6 | Obtain a vocational license from the municipality | 8 days | JOD 200 |
| *7 | Inspection by municipality on safety and health | 1 day (simultaneously with previous procedure) | no charge |
| *8 | Register for social security | 1 day (simultaneous with previous procedure) | no charge |
| * Takes place simultaneously with another procedure. | |||