This chapter contains an overview of the legal framework within which local and international investors operate in Jordan including a look at the new investment law, a rundown of the revised incentives being offered, as well as an examination of the recent tax reforms that have been put in place.
This chapter contains an overview of the tax framework within which local and international investors operate in Jordan, including a look at a newly enacted corporate income tax, a rundown of the incentives on offer to encourage free zone investment and an explanation of the social security law amendment.
This chapter contains a viewpoint with Bishr Baker, Managing Partner, EY,...
Jordan is one of the Middle East’s pre-eminent medical tourism destinations and a regional leader in pharmaceuticals production, with the kingdom’s efforts to attract further overseas patients set to drive growth in the private hospital segment in the coming years. Around 250,000 medical tourists visited Jordan in 2014 and this number is set to increase, with Saudi Arabia recently approving...
Jordan’s information and communications technology (ICT) sector is one of the most developed and robust in the region, bolstered by 15 years of industry friendly policies and a young population of digital consumers. Mobile subscribership soared from 3.13m users, representing 57% penetration in 2005, to 11.1m users and 147% penetration at the end of 2014. The market has seen consumers shift...
Jordan’s tourism industry benefits greatly from a number of competitive advantages including its proximity to large regional feeder markets, diverse landscapes and climates, and the presence of major historical and religious sites. Although regional instability has dampened visitor numbers in recent years, the industry remains an important pillar of the economy, and continues to expand despite...
Jordan’s industrial sector remains a central pillar of the kingdom’s economy with manufacturing contributing $6bn to the country’s estimated nominal GDP of $35.7bn in 2014. Meanwhile the country’s large mining industry – particularly of potash and phosphate – have fueled the rise of major chemicals and fertiliser industries in the kingdom while the country’s robust building materials sector...
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