AMMAN — The number of
Jordanian companies engaging in commercial
activities through the
Qatar Financial Center platform has reached
approximately 115 companies by the close of the first half of this year. This
marks an increase from around a hundred companies at the end of 2022.
اضافة اعلان
As detailed on the
Qatar Financial Center's website, which stands as one of the region's major financial and commercial
hubs, the ventures of these Jordanian companies span diverse fields within a
range of economic sectors, Hala News reported A considerable portion of these
activities is concentrated in
digitization and financial technology, banking
and finance, wealth management, investment, information technology,
hospitality, general services,
trade, import, export, and small-scale
industries.
Notably, the registered Jordanian companies
exhibit a robust and persistent presence. The Kingdom of
Jordan ranks second in the region, following Qatar, in the number of companies operating under the
umbrella of the Qatar Financial Center.
Presently, the assets under management by the
Qatar Financial Center exceed 110 billion
Qatari Riyals (equivalent to JD30.2
billion dollars).
A workforce exceeding 10,000 individuals
The platform of the center currently hosts
over 1800 local and international companies, functioning across various
financial and commercial sectors. These entities collectively employ a
workforce exceeding 10,000 individuals.
Activities undertaken by these companies
encompass a wide spectrum, including healthcare, education, investments, media,
sports, retail, logistics, digital services, financing, real estate, and
energy.
Jordanian companies, among others, benefit
from an array of privileges and encouraging incentives offered by the Qatar Financial
Center. These encompass 100 percent foreign ownership, a unified online
platform facilitating licensing, commercial registration, visas, and passports.
The corporate tax rate, competitive at 10 percent, applies to profits generated
from local sources. The tax framework adheres to
international double taxation agreements.
Furthermore, these companies enjoy the
flexibility of transferring profits abroad without incurring taxes. The
operational environment, characterized by transparency, eases accessibility.
Additionally, a specialized dispute resolution center, endorsed by the
International Labor Organization, addresses administrative conflicts. Companies
can engage in currency trading and avail themselves of streamlined visa and
employment procedures.
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