How to Register a Business in Jordan

Jordan is a promising country for businesses to establish themselves and operate. The country offers a stable political environment, a skilled workforce, a strategic location, and a market with high potential. In this article, we will guide you through the process of registering a business in Jordan.

Types of Businesses in Jordan

The first step in establishing a business in Jordan is to determine the type of business you want to register. The most common business entities in Jordan are:

Sole Proprietorship: A sole proprietorship is a business owned and operated by one individual. This is the simplest form of business registration in Jordan, and the sole proprietor is responsible for all aspects of the business.
Limited Liability Company (LLC): A limited liability company is a business entity that is separate from its owners. The owners, also known as members, are not personally liable for the company’s debts and obligations. LLCs are popular in Jordan because they offer limited liability protection while maintaining a flexible business structure.
Public Shareholding Company (PSC): A public shareholding company is a business entity that has shares traded on the stock exchange. This type of business is suitable for large-scale operations and raising significant capital from the public.
Partnership: A partnership is a business entity that is formed by two or more individuals. In this type of business, the partners share the profits and losses of the company.

Steps to Register a Business in Jordan

Choose a Business Name

The first step in registering a business in Jordan is to choose a unique name for your business. The name must not be already registered with the Jordanian Companies Control Department (CCD). You can check the availability of your desired name through the CCD’s online portal.

Prepare the Documents

Once you have chosen a name, you need to prepare the necessary documents for the registration process. The required documents include:
A copy of the owner’s national ID or passport
A business plan
Articles of Association (AOA)
Memorandum of Association (MOA)
Lease agreement for the business premises

Obtain Approvals

You will need to obtain several approvals before you can register your business in Jordan. These include:
Approval from the Ministry of Industry, Trade, and Supply
Approval from the Ministry of Interior
Approval from the Social Security Corporation
Approval from the Jordanian Investment Commission (for foreign investors)

Register the Business

Once you have obtained all the necessary approvals, you can proceed with the business registration process. You will need to submit the documents to the CCD and pay the registration fee. The CCD will issue a business license and register your business.

Register for Taxes

After registering your business, you need to register for taxes with the Tax Department. This includes obtaining a tax identification number (TIN) and registering for sales tax and income tax.

How we can help you

If you are considering forming a business or you need expert help with company registration in Jordan, MagickFormations™ is ready to assist you with its skilled team of lawyers, consultants and tax experts. We are committed to making the process as stress-free and streamlined as possible for you, and we will take care of all your document preparation and administrative tasks regarding the registration forms, payment of government fees, local address registration, banking support, etc., whilst always keeping your exact objectives and unique vision in mind throughout the process.

Please use our Formation Wizard if you would like to set up your registered company in Jordan or if you would like to know the costs involved prior to proceeding with our exceptional services. For other queries and special requests for complex or customised company formation services, please contact us at connect@magickgroup.com