ABOUT JORDAN 

Amongst all the countries in Western Asia, Jordan, officially the Hashemite Kingdom of Jordan, is a country located in the heart of the Middle East. It is largely landlocked, with a small coastline on the Red Sea (Gulf of Aqaba) to the southwest. Jordan is renowned for its rich ancient history, including the Nabataean city of Petra, Roman ruins, and biblical sites, as well as its modern role as a stable and moderate regional ally. The capital of Jordan is Amman, which is its largest and most populated city, serving as the country’s primary economic, cultural, and political hub. According to the World Bank, Jordan is classified as an Upper-Middle Income Economy, having achieved significant economic reforms over the past two decades. The currency of Jordan is the Jordanian Dinar (JOD), which is pegged to the US Dollar. As of today’s exchange rates (June 2025), 1 JOD is approximately 120.73 Indian Rupees. The population of Jordan is estimated at approximately 11.55 million in 2024, including a significant number of refugees. Its neighboring countries are Syria to the north, Iraq to the east, Saudi Arabia to the southeast and south, and Palestine/Israel to the west. It shares maritime borders with Israel, Egypt, and Saudi Arabia in the Gulf of Aqaba. The official language of the country is Arabic. English is widely understood and commonly used in business, education, and government, especially in urban centers. The vast majority of the population adheres to Islam (predominantly Sunni), with a significant Christian minority. Jordan has two main international airports: Queen Alia International Airport (AMM) in Amman, the primary international gateway, and King Hussein International Airport (AQJ) in Aqaba. Its only commercial seaport is Aqaba Port, which is crucial for the country’s trade and serves as a vital access point to the Red Sea.

The standard corporate income tax rate in Jordan is generally 20% for most sectors. However, special rates may apply to specific industries (e.g., banks, financial companies pay 35%). Jordan has actively implemented various investment incentives and reforms to attract foreign direct investment, focusing on key sectors for economic growth and job creation. These incentives often include tax exemptions or reductions, customs duty exemptions for imported machinery and raw materials, and streamlined administrative procedures, particularly within Special Development Zones (SDZs), Free Zones, and industrial estates. The Ministry of Investment is the main government body responsible for attracting, promoting, and facilitating investments, offering a “one-stop shop” service for investors. Opesh Group of companies will be helping you in completing the Due Diligence process which includes financial planning, registration process, business options, and if required, even helping you find a Rental property for your office.

Establishing a business in Jordan has become more accessible due to ongoing government reforms aimed at enhancing the investment climate, simplifying procedures, and boosting competitiveness. The Ministry of Investment is the primary body providing support services and facilitating investment projects. A foreign investor planning to start a business in Jordan can form various company types, with the most common and flexible structures being a Limited Liability Company (LLC) or a Private Shareholding Company. Generally, 100% foreign ownership is allowed in most economic sectors, with specific regulations applying to certain strategic or restricted areas where joint ventures with Jordanian partners might be required. Jordan’s legal framework is robust, providing a generally secure and predictable environment for businesses.

In case an investor is planning to establish an LLC or a corporate business setup in Jordan, Opesh Group will be helping you in taking the right decision for setting up your business in Jordan and we will also guide you about how to follow the procedure while formulating your company in Jordan.

Types of Business which can be started in Jordan:

• Tourism & Hospitality: Leveraging its world-renowned historical sites (Petra, Jerash) and natural wonders (Dead Sea, Wadi Rum), opportunities exist in hotels, resorts, eco-tourism, medical tourism, and specialized travel services.
• ICT & Digital Services: Jordan has a growing, skilled, and multilingual workforce, making it an attractive hub for software development, IT services, FinTech, EdTech, and Business Process Outsourcing (BPO) for the MENA region.
• Healthcare & Medical Tourism: With a strong reputation for medical expertise and advanced facilities, opportunities are present in specialized hospitals, clinics, medical tourism facilitation, and health-tech solutions.
• Pharmaceuticals: Jordan has a well-established pharmaceutical manufacturing sector. Opportunities exist in producing generic drugs, specialized medicines, and exporting to regional markets.
• Renewable Energy: Abundant solar and wind resources make Jordan a prime location for investments in solar and wind power projects, smart grid technologies, and energy storage solutions.
• Logistics & Transit: Its strategic location at the crossroads of the Middle East, with a modern port (Aqaba), offers potential in logistics services, warehousing, and serving as a regional distribution hub.
• Food Processing & Agriculture: Opportunities in value-added processing of agricultural products (fruits, vegetables, olives), modernizing farming techniques, and enhancing food security.

Advantages of Starting Business in Jordan:

• Strategic Geopolitical Location: Gateway to regional markets (Iraq, Saudi Arabia, Syria) and access to the Red Sea.
• Stable Political Environment: A relatively stable and predictable environment in a volatile region.
• Educated & Skilled Workforce: High literacy rates and a competitive, well-educated workforce, especially in IT and healthcare.
• Attractive Investment Incentives: Various tax breaks, exemptions, and streamlined procedures, particularly in Free Zones and Development Zones.
• Robust Infrastructure: Well-developed infrastructure for transportation, communication, and utilities.
• FTA Network: Access to key markets through Free Trade Agreements with the US, EU, and Arab countries.
• Growing Services Sector: Dominant and expanding services sector offering diverse business opportunities.

Business Opportunities for Indians in Jordan: There are excellent business opportunities in Jordan for new investors who are planning to start their business abroad, particularly for Indian companies due to strong diplomatic and economic ties. Jordan’s focus on diversifying its economy and its strategic location make it an attractive market. Indian investors can particularly explore avenues in:

• Pharmaceuticals: Opportunities for Indian pharma companies to export, distribute, or even set up manufacturing units for generic drugs and other medical supplies.
• Fertilizers & Chemicals: Leveraging Jordan’s abundant phosphate and potash reserves, Indian companies can invest in joint ventures for fertilizer production, similar to existing successful collaborations (e.g., IFFCO’s involvement).
• Information Technology (IT) & Digital Services: Utilizing Jordan’s skilled IT talent, Indian companies can invest in software development, IT services outsourcing, and digital solutions for the MENA region.
• Renewable Energy: Indian expertise in solar and wind power can find opportunities in Jordan’s growing renewable energy sector.
• Textiles & Garments: Jordan’s Qualifying Industrial Zones (QIZs) offer duty-free access to the US market, which can be attractive for Indian textile manufacturers.
• Healthcare: Collaboration in medical tourism, healthcare infrastructure, and medical equipment supply.

Imports & Exports: Many goods are imported and exported from Jordan. Imports and exports business is an ever-growing business in any country; however, you need to do proper R&D before investing in that product which you can import or export. You need to check whether that product is suitable for your target market and how much revenue you will be able to generate from that market.

Major items which are exported from Jordan:

• Phosphates and potash (major exports)
• Fertilizers
• Pharmaceuticals
• Chemicals (inorganic)
• Garments and textiles
• Vegetables and fruits

Major items which are imported in Jordan:

• Crude oil and petroleum products
• Machinery and transport equipment
• Manufactured goods
• Foodstuffs
• Chemicals
• Electrical appliances

Major items traded between Jordan and India (as of 2023-2025 data):

• Exports from Jordan to India: Phosphoric acid, fertilizers, potash, phosphates, and other chemicals.
• Imports in Jordan from India: Pharmaceuticals, cereals (especially rice), machinery, textiles, meat, vehicles, and engineering goods.

Manufacturing: Manufacturing in Jordan is a key sector, primarily driven by the production of chemicals (especially fertilizers and phosphates due to abundant raw materials), pharmaceuticals (a regional leader), textiles and garments (many for export under trade agreements), and food processing. Other emerging areas include plastics, packaging, and light manufacturing.

Mining: The mining industry in Jordan is focused on its significant reserves of non-metallic minerals. It is one of the world’s leading producers and exporters of phosphates and potash, which are crucial for the global fertilizer industry. Other minerals extracted include limestone, silica sand, gypsum, and clay. There is also long-term potential in shale oil, though commercial extraction is still in early stages.

• GDP = $53.57 billion (nominal, 2024 est.)
• GDP Growth = 2.6% (2024 forecast), 3.0% (2025 forecast by IMF/World Bank)
• Ease of doing business rank = The World Bank’s ‘Doing Business’ report has been discontinued. In the last published report (2020), Jordan was recognized as one of the top global improvers, reflecting its strong reform agenda to enhance the business environment.
• GDP per Capita = $4,705 (nominal, 2024 est.)

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