Jordan Geography, History, and Culture

Jordan is an Arab country, on the East Bank of the Jordan River, bordered by Israel and Palestine to its west and Iraq to its east. After the breakup of the Ottoman Empire around WWI, Jordan was established as a monarchy ruled by the Hashemites. Although viewed as a relatively stable country in a region that is beset by continual political and religious strife, Jordan still has its share of troubles, namely in the form of an influx of refugees from neighboring lands such as Palestine and Syria, fleeing persecution and scarce resources.

Jordan has a relatively small economy and is heavily dependent on imported energy particularly natural gas, which makes about 25 to 30 % of the nation’s imports. Trade and finance account for nearly one-third of its economy. Tourism is also considered to be a major source of revenue and employment for the country.

With a population of 10.2 million, Jordan’s major ethnic groups include Jordanian, Syrian, Palestinian, Egyptian, and Iraqi. Although Arabic is the official language, English is widely used amongst the middle and upper class. Jordanians are primarily Muslim.

2021
May 1Labour Day
May 13Eid al-Fitr
May 14Eid al-Fitr holiday
May 15Eid al-Fitr holiday
May 16Eid al-Fitr holiday
May 25Independence Day
July 20Eid al-Adha
July 21Eid al-Adha holiday
July 22Eid al-Adha holiday
July 23Eid al-Adha holiday
July 24Eid al-Adha holiday
August 10Muharram/New Year
October 19Prophet’s Birthday
December 25Christmas Day
  • Partnership (General Partnership Company)
  • Limited Liability (Limited Liability Company)
  • Limited Liability in Shares (Limited Liability in Shares)
  • Public Shareholding (Public listed stock company)
  • Private Shareholding Companies (Private listed stock company)
  • Foreign Company (Non-Jordanian company operating in Jordan)
  • Corporate Tax: 20%
  • Income Tax (Lowest Marginal Rate): 0%
  • Income Tax (Highest Marginal Rate): 25%
  • VAT/GST/Sales Tax: 16%
  • Arab Bank (Commercial Bank)
  • ABC Bank (Jordan) (Commercial Bank)
  • Bank of Jordan (Commercial Bank)
  • Cairo Amman Bank (Commercial Bank)
  • Capital Bank (Commercial Bank)
  • Jordan Commercial Bank (Commercial Bank)
  • Jordan Kuwait Bank (Commercial Bank)
  • Jordan Ahli Bank (Commercial Bank)
  • The Housing Bank for Trade & Finance (Commercial Bank)
  • Arab Jordan Investment Bank (Commercial Bank)
  • Invest Bank (Commercial Bank)
  • Société Générale (Commercial Bank)
  • Bank al Etihad (Commercial Bank)
  • European Bank for Reconstruction and Development (Foreign Bank)
  • Standard Chartered (Foreign Bank)
  • Egptian Arab Lank Bank (Foreign Bank)
  • HSBC (Foreign Bank)
  • Citibank (Foreign Bank)
  • Rafidain Bank (Foreign Bank)
  • National Bank of Kuwait (Foreign Bank)
  • BLOM Bank (Foreign Bank)
  • Bank Audi (Foreign Bank)
  • National Bank of Abu Dhabi (Foreign Bank)
  • Al-Rajhi Bank (Foreign Bank)

Aadmi can support you with your expansion to Jordan. Our team of experts in country manage every aspect of your expansion from incorporation, accounting, legal, and even administrative concerns.  Matched with Global People Strategist’s powerful labor compliance software, your company is in good hands.

Contact us today for more information about how your company can benefit from using Aadmi as your global expansion partner.

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