Streamlined Procedures and Investor Friendly Policies

The government has long recognized the need for establishing business-enabling structures with strong investment incentives. The major aim is in developing effective regulatory framework that activates the role of the private sector, increases the volume of domestic investment, and attracts inward international investment. A wide-ranging legislative package has been drafted and introduced to foster a more efficient and transparent business environment.

Jordan Investment Board’s (JIB) One-Stop-Shop Service (OSS), one place for setting up your business in Jordan. Representatives from 9 ministries are there to register and license new projects Through this service window an investor can register and license his/her project in Jordan at one place within 14 working days. At the OSS you can register, license your new projects, and acquire both investor residency and facilitation of work permits for required labor.

Also, Investor Facilitation service grants Investment Promotion Law (16/1995,68/2003) tax and custom duty incentives in 30 days.

The Jordanian government has focused on reforms and investment policy aimed at: 

• Liberalization of trade, investment procedures, and elimination of trade barriers 
• Encouragement of foreign investment 
• Encouragement of private sector investment 
• Privatization of previously-owned governmental projects 
• Implementation of stronger trademark and copyright laws 
• Reduction of import tariffs 
• Equal treatment to both Jordanian and non-Jordanian investors, non-Jordanian investors have the right to own any project in full or part, and engage in any economic activity in the Kingdom, with the exception of some trade and contracting services which require a Jordanian partner. 
• Right to manage the project in the manner he/she deems appropriate, and through the person(s) chosen by the investor for this purpose. 
• Non-Jordanian may transfer their salaries and remuneration abroad without incurring any Jordanian tax-liability.

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