26 November

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Foreign Judgments Enforcement

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Foreign Judgments Enforcement Enforcement of Foreign Judgments in Jordan The globalization of commerce and cross-border transactions has increased the need for effective mechanisms to recognize and enforce foreign court judgments. In Jordan, the enforcement of foreign judgments is a nuanced process, primarily governed by the Foreign Judgments Enforcement Law No. 8 of 1952 (the "Law") and, in some cases, bilateral or multilateral treaties. This article provides a detailed examination of the legal framework, procedural requirements, and key considerations for enforcing foreign judgments in Jordan. The principal legal basis for the enforcement of foreign judgments in Jordan is the Foreign Judgments Enforcement Law of...

24 November

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Legal Alternatives to Trust Fund Accounts in Jordan

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Legal Alternatives to Trust Fund Accounts in Jordan Trust funds are internationally recognized vehicles for asset management, protection, and transfer, often structured through legally distinct entities and governed by comprehensive trust laws. In Jordan, however, the legal landscape is marked by the absence of a dedicated trust fund framework. This gap has prompted practitioners and stakeholders to explore alternative mechanisms for achieving similar objectives, with private shareholding companies emerging as a notable substitute. This article examines the legal viability of private shareholding companies as alternatives to trust fund accounts in Jordan, providing a critical analysis grounded in relevant Jordanian laws and...

06 October

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Regulating Non-Jordanian Investments Regulation

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Regulation No.(54) for the Year 2000 Regulating Non-Jordanian Investments Regulation Article (1) This Regulation shall be named the “Regulating Non-Jordanian Investments Regulation for the year 2000”, and shall come into force thirty days after its publication in the Official Gazette. Article (2) In the cases not mentioned in Articles (3) and (4) of this Regulation which specify the percentage of non-Jordanian ownership or participation in the sectors and activities cited therein, the non-Jordanian investor may own any project wholly or partially or may participate in it in any percentage. Article (3) The Non-Jordanian investor ownership shall not exceed (50%) fifty percent of the...

22 September

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Exempt Companies Regulation of 2007

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Exempt Companies Regulation of 2007 Article 1: Title and Commencement This Regulation shall be cited as the “Exempt Companies Regulation of 2007” and shall come into force from the date of its publication in the Official Gazette. Article 2: Definitions For the purposes of this Regulation, the following words and expressions shall have the meanings ascribed to them below, unless the context indicates otherwise: The Law: The effective Companies Law. The Minister: The Minister of Industry and Trade. The Department: The Companies Control Department. The Controller: The General Controller of Companies. Exempt Company: A company registered in accordance with the provisions of the Law...

11 August

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A Comprehensive Guide to Private Shareholding Companies in Jordan

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A Comprehensive Guide to Private Shareholding Companies in Jordan Al Majali and Partners Law Firm is a leading legal practice in Jordan, renowned for its specialization in the formation and structuring of Private Shareholding Companies (PSC). With over 20 years of experience, the firm has built an impeccable reputation for delivering fast, reliable, and comprehensive legal services tailored to the unique needs of businesses seeking to establish or restructure their corporate presence in Jordan. The firm has successfully registered hundreds of Private Shareholding Companies across various sectors in Jordan. Its legal team possesses in-depth knowledge of the relevant laws, regulations, and procedural requirements,...

27 July

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Offshore (Exempted) Company Formation Services in Jordan

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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...

24 July

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Offshore (Exempted) Companies under Jordanian Companies Law

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Offshore (Exempted) Companies under Jordanian Companies Law Comprehensive Overview of Regulatory, Structural, and Fiscal Considerations Introduction Offshore (exempted) companies are key instruments for facilitating international business, providing a conduit for investors and corporations to optimize cross-border operations through favorable legal and fiscal frameworks. In Jordan, these entities occupy a distinct position within the jurisdiction’s legislative structure. While they are established and overseen as Jordanian companies, their core mandate is to support activities conducted predominantly outside of Jordan, with the Companies Law offering specific provisions that reflect this international orientation. This analysis presents an in-depth exploration of the regulatory environment, corporate structures, fee requirements, taxation...

21 July

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Jordanian citizenship in 60 days

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Jordan’s citizenship by investment program, via the Amman Stock Exchange, represents one of the most expedient and rigorous options for acquiring citizenship globally. By investing a minimum of $1,500,000 in approved Jordanian companies and retaining that investment for three years, eligible investors and their families may be granted citizenship in as little as 60 days. The program’s efficiency, transparency, and comprehensive advantages renders it an attractive proposition for international investors seeking new horizons. As with any consequential financial or personal decision, careful planning, exhaustive due diligence, and the counsel of seasoned professionals are indispensable for a successful outcome. For those...

03 July

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Cabinet Approves New Criteria for Granting Jordanian Citizenship or Residency to Investors

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Cabinet Approves New Criteria for Granting Jordanian Citizenship or Residency to Investors The Council of Ministers, in its session held today (Wednesday 07.02.20225), decided to issue new criteria for granting Jordanian citizenship or residency to investors, in accordance with the recommendations of the special committee on investors. Key points of the new criteria include: Citizenship via Share Purchase: Investors will be granted Jordanian citizenship upon making a new purchase of shares in Jordanian companies with a value of no less than one million dinars. These shares must not be mortgaged, lent, or borrowed, and must be purchased within four months from the...

19 May

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أسس و معايير الحصول على الجنسية الاردنية من خلال الاستثمار

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!للحصول على المزيد من المعلومات تواصل معنا...