Jordan

Ease of Doing Business in

Jordan

This page shows summary Doing Business 2012 data for Jordan. The first table lists the overall "Ease of Doing Business" rank (out of 183 economies) and the rankings by each topic. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.

Economy Overview

Region Middle East & North Africa
Income Category Upper middle income
Population 6,093,000
GNI Per Capita (US$) 4,350.00
Doing Business 2012 Rank Doing Business 2011 Rank Change in Rank
96 95 down -1
Topic Rankings DB 2012 Rank DB 2011 Rank Change in Rank
Starting a Business 95 98 up 3
Dealing with Construction Permits 93 94 up 1
Getting Electricity 36 35 up -1
Registering Property 101 103 up 2
Getting Credit 150 130 up -20
Protecting Investors 122 120 up -2
Paying Taxes 21 19 up -2
Trading Across Borders 58 74 up 16
Enforcing Contracts 130 130 No change
Resolving Insolvency 104 104 No change

Economy Profile

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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 2012 Rank 95 DB 2011 Rank 98 Change in Rank up3
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).

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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.

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Time (days)
12 20 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.

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Cost (% of income per capita)
13.9 35.0 4.7

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.

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Paid-in Min. Capital (% of income per capita)
0.0 86.7 14.1
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, the memorandum, the articles of association, and register the company; obtain registration certificate, 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 + 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.

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