Starting a business in Jordan

Legal Forms of Companies

A Private shareholding company is a joint-stock company with limited liability.

Number of partners: Two minimum, with no limitation in the number
Capital (max/min): Minimum 50,000 JOD.
Shareholders and liability: Liability is limited to the amount contributed in capital.

A Public shareholding company is the equivalent of the Public Limited Company.

Number of partners: Minimum two. No maximum
Capital (max/min): Minimum 500,000 JOD.
20% must be subscribed at the constitution.
Shareholders and liability: Liability is limited to the amount contributed.

Limited Partnership

Number of partners: Two or more, with no limitation in the number
Capital (max/min): Minimum capital of JOD 100,000.
Shareholders and liability: Liability of general partners is unlimited, that of limited partners is limited to their shares.

General partnership

Number of partners: Minimum two, maximum twenty
Capital (max/min): No minimum capital required.
Shareholders and liability: Partners' liability is several and unlimited for the debts of the company.

Business Setup Procedures

Source: Doing Business - Latest available data.