Offshore (Exempted) Company Formation Services in Jordan

Offshore (Exempted) Company Formation Services in Jordan

Professional Support from Almajali and Partners

Introduction

In today’s rapidly evolving global economy, many entrepreneurs, investors, and international businesses are seeking effective ways to structure their activities across borders. Offshore (Exempted) Companies under Jordanian Companies Law present an attractive option for those looking to expand their business presence, optimize tax exposure, and enjoy flexibility in ownership and operations. At Almajali and Partners, we offer comprehensive services to help clients establish and manage Offshore Companies in Jordan swiftly and efficiently, regardless of their nationality.

What is an Offshore (Exempted) Company in Jordan?

An Offshore (Exempted) Company, as defined by Jordanian Companies Law, is a legal entity registered in Jordan for the purpose of conducting business activities outside the home jurisdiction. Such companies are exempted from certain local taxation and regulatory requirements, making them ideal vehicles for international trade, asset protection, investment holding, and other cross-border activities.

Key features of Offshore (Exempted) Companies in Jordan:

• Exemption from Jordanian income tax for activities conducted outside Jordan
• Full foreign ownership permitted without restrictions on nationality
• Confidentiality and asset protection for shareholders and directors
• Ability to open and operate multi-currency bank accounts
• No minimum capital requirements for most company types
• Ease of transfer of shares and flexibility in management structure

Why Choose Almajali and Partners?

Almajali and Partners is a leading provider of corporate services in Jordan, renowned for our expertise, reliability, and client-focused approach. Our team of experienced lawyers, accountants, and business consultants is deeply familiar with the intricate requirements of the Jordanian Companies Law and the practicalities of offshore company formation. We are dedicated to guiding clients through every step of the process, ensuring a seamless and stress-free experience.

What sets us apart:

• Extensive experience in offshore company formation and compliance
• Transparent and competitive pricing with no hidden fees
• Personalized consultation tailored to each client’s objectives
• Strong relationships with local banks and authorities
• Rapid turnaround: complete setup in just 7 working days

Our Comprehensive Service Package

At Almajali and Partners, we handle all aspects of Offshore Company formation, from initial planning to bank account setup. Our standard package includes the following:

1. Pre-Incorporation Consultation

We begin with a thorough consultation to understand your business needs and objectives. Our experts will explain the benefits and limitations of Offshore Companies in Jordan, the types of business activities permitted, and the documentation required.

2. Document Preparation and Legal Compliance

We assist in preparing all necessary legal documents, including the Memorandum and Articles of Association, director and shareholder resolutions, and any supporting paperwork required under Jordanian law. All documents are reviewed and verified to ensure full compliance with regulatory standards.

3. Company Registration

Our team submits your application to the Companies Controller Department in Jordan and monitors its progress, addressing any queries or requirements from the authorities. We ensure that the registration process is completed smoothly, typically within 7 working days.

4. Bank Account Setup

A key advantage of working with Almajali and Partners is our expertise in bank account opening for offshore entities. We have established relationships with leading banks in Jordan and abroad, allowing us to facilitate the account opening process efficiently. Our services include:

• Preparation of bank forms and supporting documents
• Arranging introductions and meetings with bank representatives
• Guidance through KYC (Know Your Customer) and AML (Anti-Money Laundering) procedures
• Assistance with multi-currency account options and online banking setup

In most cases, clients can have their bank accounts operational within the same 7 working day timeframe as the company registration.

5. Post-Incorporation Support

After your Offshore Company is established, we provide ongoing support to help you maintain compliance with Jordanian laws and regulations. This includes:

• Annual renewals and maintenance of corporate records
• Filing of required documents and returns
• Assistance with amendments to company structure or activities
• Provision of nominee directors or shareholders, if needed

Eligibility and Requirements

Offshore (Exempted) Company formation in Jordan is open to clients of any nationality, with no restrictions for foreign nationals. The required documentation is straightforward and typically includes:

• Valid passports and identification for all directors and shareholders
• Proof of address for primary stakeholders
• Details of the intended business activities
• Bank references or professional recommendation letters (as required by certain banks)

Our team will provide a detailed checklist and support throughout the process to ensure all requirements are met promptly.

Benefits of Offshore Companies in Jordan

Choosing to establish an Offshore Company in Jordan offers numerous benefits to entrepreneurs and investors:

• Tax Efficiency: Exemption from local taxes for non-Jordanian activities enhances corporate profitability.
• Ownership Flexibility: 100% foreign ownership is allowed, and shares can be held by individuals or corporate entities.
• Confidentiality: Strict privacy laws protect the identity of shareholders and directors.
• Global Banking Access: Flexible multi-currency banking options support international operations.
• Speed and Simplicity: With Almajali and Partners, the setup process is streamlined to be completed within 7 working days.

Frequently Asked Questions

• Is physical presence in Jordan required? – No, the incorporation process can generally be completed remotely with the proper documentation.
• Are there any restrictions on the activities of Offshore Companies? – Offshore entities are generally prohibited from conducting business inside Jordan, focusing instead on international trade, investment, or holding activities.
• Can I open accounts in other countries? – Yes, we can assist with introductions to foreign banking institutions as well as local banks.

Get Started with Almajali and Partners

Embarking on your international business journey is straightforward with the right partners. At Almajali and Partners, we make Offshore Company formation in Jordan a transparent, efficient, and rewarding process. Our specialists are ready to answer your questions and provide tailored advice for your specific needs.

To begin the process, or to learn more about our services, please contact us today. We look forward to helping you achieve your business goals with the professionalism and dedication that has made us a trusted advisor to clients worldwide.

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