Private Shareholding Companies

Founding a private shareholding company

• Consisting of two or more persons. 
• Upon a justified recommendation of the controller, the minister may agree to register a private shareholding company comprise of one person. 
• The independency of the financial liability of the shareholders in the private shareholding company. 
• The private shareholding company's name shall followed by the term (LTD). 
• Duration of this company is unlimited unless articles and memorandum of association specify otherwise.

Capital of private shareholding companies: The amount of subscribed capital in this type of companies shall not be less than 50,000 and shall be specified in Jordanian Dinnar.

Registration: The decision of the approval of the registration of the company will take place in 15 days from the date of submission the registration application by the controller.