Jordan is a country which continues to gain a great popularity among international entrepreneurs as a global investment and business hub. It presents a unique mixture of characteristics which make it an attractive environment for foreign investment.
As follows, our company formation advisors in Jordan present a few reasons why you should invest in Jordan.
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1. Jordan has a strategic location
Located at the conjunction of Europe, Africa and Asia, Jordan has a strategic geographic location and is a major transportation center for the Middle East.
On this note, our company registration consultants in Jordan believe it is worth mentioning the fact that the country has access to the Red Sea through the Port of Aqaba and other ports in the neighboring states.
2. Efficiency in company formation in Jordan
Even though there had been registered certain delays and bureaucratic obstacles, the reforms which have been adopted in the last few years have made the company formation and operation in Jordan more dynamic and efficient, which is a major reason why entrepreneurs choose to invest in Jordan.
In the last 10 years, Jordan has adopted structural reforms in education, health, privatization and liberalization.
The local government has set certain social protection systems and reformed subsidies, generating a favorable environment for public and private partnerships in infrastructure.
3. A country with numerous investor incentives
Jordan has numerous investor incentives set in place, among which our company formation agents in Jordan would like to mention:
- Projects are exempt from income and social service taxes by 25%, 50%, 75% for 10 years, depending on where the project is located;
- The imported fixed assets are exempt from customs duties and taxes with 100%;
- The imported spare parts for fixed assets can be exempted from taxes and fees;
- Revenues on exports are not subject to income taxation;
- Other incentives: we can provide more details on what they consist of. We can also help you in starting a business in Jordan.
For more reasons to invest in Jordan, or for assistance to open a company in Jordan, please do not hesitate to contact our friendly staff.