Benefits of investment in development areas

1- Investment Law

The Investment Law No (30) of 2014 in force aims to create a competitive business environment capable of attracting local and foreign investments.  The Law empowers the private sector to play an active role in developing and managing development areas, and provides a "one-stop service" through the Jordan Investment Commission (JIC) that works to facilitate and expedite procedures for investors.  The Law also draws a clear policy on land ownership, removes restrictions on foreign capital, and provides a range of investment facilities including tax incentives, exemptions from customs duties, and transparent practical implementation mechanisms that include:

  • Specialized Investment Window services.
  • Allowing direct registration of non-Jordanian companies.
  • Exemptions from customs duties and taxes for the launch and operation of investments.  
  • Facilitation for investors’ ownership of land and real estate.
  • Facilitation of import and export procedures.
  • Exemption from taxes on profits.
  • Expedited customs procedures.
  • No restrictions on foreign ownership or foreign capital.
  • No restrictions on foreign labor.

2- Tax incentives
Companies registered in development areas enjoy the following tax incentives:

 Income tax 5%  Taxable income from all activities within the development area. 
 Sales tax  0%  All purchases of goods and services by registered enterprises.
 Customs  0%  All purchases (local and imported) by registered enterprises
 Social services tax  0%  On all revenues realized within the development area or abroad.
 Dividend tax  0%  On all revenues realized within the area or abroad.
 Sales tax  7%  Only on services in process of consumption.



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