Jordanian Companies Law — Types of Companies and Incorporation Procedures
Overview
Jordanian companies are governed by Companies Law No. 22 of 1997, as significantly amended in 2017.
Company Types
- General Partnership: unlimited joint liability.
- Limited Partnership: mixed liability.
- LLC: most common; limited liability, no minimum capital since 2017.
- Public Shareholding: listed on Amman Stock Exchange.
- Private Shareholding: 2-50 shareholders, not publicly listed.
Incorporation Steps
Choose a name, draft articles of incorporation, notarize, open bank account, register at Ministry of Industry and Trade, obtain tax number, and get municipal licenses.