Jordan

Ease of Doing Business in

Jordan

This page summarizes Doing Business 2013 data for Jordan. The first table lists the overall "Ease of Doing Business" rank (out of 185 economies) and the rankings by each topic. It also lists the economy's distance to frontier (DTF)** measure. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.

Economy Overview

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Economy Summary
Starting a Business
Dealing with Construction Permits
Getting Electricity
Registering Property
Getting Credit
Protecting Investors
Paying Taxes
Trading Across Borders
Enforcing Contracts
Resolving Insolvency
Region Middle East & North Africa
Income Category Upper middle income
Population 6,181,000
GNI Per Capita (US$) 4,380
Doing Business 2013 Rank Doing Business 2012 Rank Change in Rank
106 105 down -1

Doing Business 2013 DTF** (% points) Doing Business 2012 DTF** (% points) Improvement in DTF** (% points)
59.0 59.0 0.0
Topic Rankings DB 2013 Rank DB 2012 Rank Change in Rank
Starting a Business 103 92 up -11
Dealing with Construction Permits 102 97 up -5
Getting Electricity 38 38 No change
Registering Property 102 103 up 1
Getting Credit 167 165 up -2
Protecting Investors 128 124 up -4
Paying Taxes 35 33 up -2
Trading Across Borders 52 51 up -1
Enforcing Contracts 129 128 up -1
Resolving Insolvency 112 113 up 1

Economy Profile

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Additional Data

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Starting a Business

Info

The challenges of launching a business are shown below. Included are: the number of steps entrepreneurs can expect to go through to launch, the time it takes on average, and the cost and minimum capital required as a percentage of gross national income (GNI) per capita.

DB 2013 Rank 103 DB 2012 Rank 92 Change in Rank down-11
DB 2013 DTF** (% points) 85.4 DB 2012 DTF** (% points) 85.3 Improvement in DTF** (% points) up0.1
YearNew business densityNumber of new limited liability companies
2011 0.833,039
Indicator Jordan Middle East & North Africa OECD

The total number of procedures required to register a firm. A procedure is defined as any interaction of the company founders with external parties (for example, government agencies, lawyers, auditors or notaries).

View methodology Procedures (number)
7 8 5

The total number of days required to register a firm. The measure captures the median duration that incorporation lawyers indicate is necessary to complete a procedure with minimum follow-up with government agencies and no extra payments.

View methodology Time (days)
12 23 12

Cost is recorded as a percentage of the economy’s income per capita. It includes all official fees and fees for legal or professional services if such services are required by law.

View methodology Cost (% of income per capita)
13.8 29.8 4.5

The amount that the entrepreneur needs to deposit in a bank or with a notary before registration and up to 3 months following incorporation and is recorded as a percentage of the economy’s income per capita.

View methodology Paid-in Min. Capital (% of income per capita)
0.0 72.3 13.3
No. Procedure Time to Complete Associated Costs
1 Open bank account; deposit 50% of the capital 1 day no charge
2 Execute the company’s formation contract and the memorandum and articles of association, register the company; obtain registration certificate, and file general assembly first meeting and board of directors' minutes of meeting at the Ministry of Industry 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) + JOD 10 (obtain standard form of memorandum and articles of association)
* 3 Register for corporate tax, salary withholding tax, and VAT 1 day, simultaneous with previous procedure no charge
* 4 Register with the chamber of industry or chamber of commerce 1 day, simultaneous with previous procedure JOD 164
5 Obtain a vocational license from the municipality 8 days JOD 200
* 6 Inspection by municipality on safety and health 1 day, simultaneously with previous procedure no charge
* 7 Register for social security 1 day, simultaneous with previous procedure no charge
* Takes place simultaneously with another procedure.

** The distance to frontier (DTF) measure shows the distance of each economy to the "frontier," which represents the highest performance observed on each of the indicators across all economies included in Doing Business since each indicator was included in Doing Business. An economy’s distance to frontier is indicated on a scale from 0 to 100, where 0 represents the lowest performance and 100 the frontier. Read more...

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