top of page

Jordan

Delivery:

Price: $

Payment methods:

payment methods.webp
UK comapny formation (1).webp

About

Jordan

Capital
Official languages
Population 
Currency

ISO 4217

Amman

Arabic

10,203,839 (as of 2020)

Jordanian Dinar

JOD

Document checklist:

Process

Economy

Jordan has a strong and growing economy, with a GDP of $45.7 billion in 2019. This is a 4.2% increase from 2018, and the country is expected to continue to grow in the coming years. The country has a diversified economy, with the services sector accounting for the largest share of GDP at 54.2%, followed by industry at 28.2%, and agriculture at 17.6%. The unemployment rate in Jordan is currently at 18.3%, which is higher than the regional average, but the government is taking steps to reduce this rate. The country also has a strong tourism sector, with over 8 million visitors in 2019, generating $4.5 billion in revenue. Jordan also has a strong export sector, with exports totaling $7.2 billion in 2019. The country's main exports are phosphates, potash, fertilizers, and textiles. Jordan is also a major recipient of foreign aid, with the US providing the largest share of aid at $1.3 billion in 2019. Overall, Jordan has a strong and growing economy, and the government is taking steps to ensure continued growth in the coming years.

Taxation

Jordan has a tax system that applies to both individuals and corporations. Here is an overview of the taxation system in Jordan:


Corporate Taxation:

- The corporate tax rate in Jordan is a flat rate of 20% for most types of companies.

- However, some industries may be eligible for reduced tax rates.

- Companies are required to file their tax returns by the end of March each year, and tax payments are due in four equal installments throughout the year: March, June, September, and December.

- Companies are also subject to a social security contribution, which is calculated as a percentage of the company's payroll.


Personal Taxation:

- The personal income tax system in Jordan is progressive, with tax rates ranging from 5% to 25%.

- The tax year in Jordan runs from January 1st to December 31st.

- Individuals are required to file their tax returns by the end of March each year, and tax payments are due in four equal installments throughout the year: March, June, September, and December.

- There are also several deductions and tax credits available to individuals, including deductions for medical expenses and housing expenses.


Tax Payment Process:

- Tax payments can be made at banks or through the Jordanian tax authority's website.

- The Jordanian tax authorities provide taxpayers with a tax return form each year, which can be completed online or on paper.

- The tax return must include information about the taxpayer's income, expenses, and deductions for the previous year.

- The tax authorities will then calculate the taxpayer's tax liability and send them a tax assessment.

- Taxpayers can choose to pay their taxes in a lump sum or in installments throughout the year.


In summary, Jordan has a progressive taxation system for both individuals and corporations. Tax returns must be filed by the end of March each year, and tax payments are due in four equal installments throughout the year: March, June, September, and December. Taxpayers can make their payments at banks or through the Jordanian tax authority's website. There are also several deductions and tax credits available to both individuals and corporations.

Company incorporation application form

Representative

Chosen company name

Main business activity

Legal address of director

Extra services

Submit ✉

Your inquiry has been submitted. Thank You!

We will contact you shortly…

PDF application form

B2B hub provides fillable PDF application forms, you can simply save the filled form and send us by email clicking here  reg@b2bhub.uk or live chat

bottom of page