Limited liability company (الشركة ذات المسؤولية المحدودة) ذ.م.مJordan
What it takes to form, own and run a private limited company in Jordan, and how its profit is taxed. Each figure links to the page it was read from.
This company type
At a glance
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A - The company is managed by a director or a ... board of directors whose members are no less ... than two and no more than seven, whether they
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(20%) عشرون بالمائة لجميع الأشخاص الاعتباريين باستثناء ما ورد في البندين (2) و(3) من هذه الفقرة.
Form it
Who registers it
- Registry
- Formed without visiting
- Yes
- Formed online
- Yes
What it takes to form
- A notary
- Not required
- A resident director
- Not stated
The registry’s and the law’s own pages do not mention it.
- Paying up the capital
- Not in our records
Own it
Who may own and run it
- Directors
- At least 1
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A - The company is managed by a director or a ... board of directors whose members are no less ... than two and no more than seven, whether they
- Shareholders
- At least 2 · a company may be one
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Beneficiary - Natural or legal person
- Members
- At least 2 · one person may form it alone
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The limited liability company consists of two or
- A local company secretary
- Not stated
The registry’s and the law’s own pages do not mention it.
- A local registered agent
- Not stated
The registry’s and the law’s own pages do not mention it.
Each year, at the registry
- Annual registry fee
- Not stated
The registry’s and the law’s own pages do not mention it.
- Accounts on the public record
- Not stated
The registry’s and the law’s own pages do not mention it.
- Audit for a small company
- Required
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shall prepare the annual budget ... of the company and its final accounts, including ... audited by all of a legal auditor according to the
- Audit
- The director or board prepares the annual accounts, audited by a legal auditor, and presents them to the general assembly and a copy to the Controller before the end of the first three months of the new fiscal year (art. 62).
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audited by all of a legal auditor according to the
Important dates
When each obligation falls due, as the authority states it.
- Audited annual accounts and annual report presented to the general assembly and a copy to
- 3 months after the end of the accounting period
With Companies Control Department
Companies Law art. 62: before the end of the first three months of the new fiscal year.
- One annual general assembly meeting
- 4 months after the end of the accounting period
Companies Law art. 64A: during the first four months of the company's fiscal year (the translation reads 'first four months of the fiscal year'; read here as within four months of the year-end, as for the shareholding companies; the page does not say which).
What is public
- Directors
- Public
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الاستعلام بواسطة اسم الشريك
- Shareholders
- Public
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الاستعلام بواسطة اسم الشريك
- Beneficial owners
- To the authorities only
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الاستعلام بواسطة اسم الشريك
Tax
Tax on profit
How this company type is taxed, which can differ from its place’s headline rate.
Varies · 20–35%
Income Tax Law No. 34 of 2014 as amended (consolidated, art. 11(b)): corporate persons pay 20%, 24% for the listed sectors, 35% for banks.
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(20%) عشرون بالمائة لجميع الأشخاص الاعتباريين باستثناء ما ورد في البندين (2) و(3) من هذه الفقرة.
- CFC rules in Jordan
- Not in our records
Close it
Closing it
The other end, which most guides leave out.
- Route
- Liquidation of limited liability, private and public shareholding companies, through the Companies Control Department's liquidation service.
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تصفية الشركات المساهمة العامة والخاصة وذات المسؤولية المحدودة
- Statutory fee
- Not in our records
Every business in Jordan
GST
- Standard rate
- 16%
General Sales Tax Law of 1994, art. 6(a), as published article by article on the Income and Sales Tax Department's site. Goods and services in the law's schedules are taxed at zero or at reduced rates (2%, 4%, 5%, 10% appear in the Department's rates table); the schedules were not recorded here.
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تفرض بمقتضى هذا القانون ضريبة عامة على استيراد أي سلعة أو خدمة أو بيع أي منهما بنسبة (16%) من قيمة هذه السلعة أو بدل هذه الخدمة
- Other rates
- Not stated
- Registration threshold
- Not in our records
- Voluntary registration
- Yes
Art. 14(b): a person whose sales are below the registration threshold may apply to the Department to be registered, and then falls under the rules for registered persons.
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يجوز للشخص الذي لم تبلغ قيمة مبيعاته من السلع أو الخدمات الخاضعة للضريبة حد التسجيل أن يقدم طلباً إلى الدائرة لتسجيله
- A foreign company
- See the note
The General Sales Tax Law articles 1 to 20 on the Department's site were read; none states a rule for a supplier with no establishment in Jordan, so these fields are left as gaps.
- Returns filed
- Depends on the business
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على المسجل الملزم بدفع الضريبة العامة أن يقدم للدائرة كل شهرين إقرارا بمبيعاته من السلع والخدمات تحدد فيه قيمتها ومقدار الضريبة العامة المستحقة عليها ، وتعتبر مدة الشهرين فترة ضريبية واحدة
- Tax authority
- Income and Sales Tax Department (ISTD), Government of Jordan
Payment and banking services
1 service names Jordan on its own list: Paysera. Each provider, and what a listing means.
Reference
Its name and code
- Kind
- Private limited companyDerived our grouping, the same words in every country
- Name in law
- Limited liability company (الشركة ذات المسؤولية المحدودة) (ذ.م.م)
- ISO 20275 code
- 6B39Secondary GLEIF, Entity Legal Forms code list