Tax

Ranked 10th among MENA countries for doing business, a new Investment Law looks set to offer further incentives for foreigners doing business in Jordan. Policy changes, combined with the rise of Jordan as a stable environment in which companies can operate, have transformed the country into an attractive investment area in the region. Investment incentives take the form of exemptions from income tax and Customs fees that can be granted to either domestic or foreign investors. This chapter contains a viewpoint from Yasmeen Muhtaseb, Partner of Advisory Services, Ernst & Young Jordan.