Subsidiaries in Jordan fall under the category of foreign companies as defined by the Companies Law in Jordan. These foreign companies are non-Jordanian business entities which are registered outside of the country and which have their headquarters in another country.
In this article, our company formation consultants in Jordan present the registration process of a subsidiary here and different aspects related to this subject.
Table of Contents
Registration requirements for a subsidiary in Jordan
The registration requirements for a subsidiary in Jordan are:
- A copy of the Articles of Memorandum of Association of the parent company;
- The official documentation which attests that the business has obtained the approvals from the relevant local authorities to do business in the country;
- A list with the board of director members’ names of the company, the management board or the shareholders and their nationalities. Our company registration advisors in Jordan can provide further details on this requirement, as well as assistance to open a company in Jordan;
- A copy of the power of attorney through which a foreign company authorized an individual who resides in the country to undertake its activities and receive service letters or notifications on its behalf;
- The financial statement for the last fiscal year of the parent business, certified by a licensed auditor;
- An application form;
- All these documents have to be legalized by the Embassy or consulate of Jordan in the country of origin of the parent company, as well as the ministry of foreign affairs of the parent company’s country of origin and the local Ministry of Foreign Affairs.
Types of foreign companies in Jordan
In Jordan, foreign companies can be:
- Companies which do business for a limited time frame, which are granted tenders to achieve their work in Jordan for a limited period of time. Their registration therefore ceases once the work has been finished, unless the business is able to obtain new contracts. If that is the case, its registration will be extended to cover the execution of the work. We can provide assistance for starting such a business in Jordan;
- Companies which activate permanently in the country under a license issued by the relevant official authorities.
If you need to know more details about how to open a subsidiary in Jordan, please feel free to contact our company formation executives in Jordan.