Simple limited partnership (شركة التوصية البسيطة)Jordan
What it takes to form, own and run a limited partnership in Jordan, and how its profit is taxed. Each figure links to the page it was read from.
This company type
At a glance
The registry’s and the law’s own pages do not mention it.
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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
- Does not apply
- Paying up the capital
- Not in our records
Own it
Who may own and run it
- Directors
- Does not apply
- Shareholders
- At least 2 · at most 20 · individuals only
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Beneficiary - Natural person
- Members
- At least 2 · at most 20
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عدد الشركاء من
- A local company secretary
- Does not apply
- A local registered agent
- Not stated
The registry’s and the law’s own pages do not mention it.
Each year, at the registry
Not in our records Annual registry fee, Accounts on the public record, Audit for a small company, Audit: none of these is in our records for the Simple limited partnership (شركة التوصية البسيطة).
Important dates
When each obligation falls due, as the authority states it.
Not in our records No dates for the Simple limited partnership (شركة التوصية البسيطة) are in our records.
What is public
- Beneficial owners
- To the authorities only
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b The Controller shall make the information ... available in the Register available to the ... competent authorities in the Kingdom for the
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) levies 20% on legal persons, 24% for the listed sectors, 35% for banks. The Companies Law art 4 makes every registered company, partnerships included, a Jordanian legal person, so the 20% on legal persons reaches it.
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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 general and simple limited partnerships through the Companies Control Department's liquidation service.
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تصفية شركات التضامن والتوصية البسيطة
- 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
- Limited partnershipDerived our grouping, the same words in every country
- Name in law
- Simple limited partnership (شركة التوصية البسيطة)
- ISO 20275 code
- 6KSCSecondary GLEIF, Entity Legal Forms code list