5,460 new companies with total capital of JD320m registered in 2022

Amman - Ameer
(File photo: Ameer Khalifeh/Jordan News)
AMMAN — A total of 5,460 new companies were officially registered between January and November, an increase of 931 companies over those of 2021 and 760 over 2019, according to Companies Controller General Wael Armouti, according to the Jordan News Agency, Petra.اضافة اعلان

The combined capital of all the newly registered companies was JD320 million, marking a 70 percent increase from the JD189 million registered in 2019.

Armouti said that the number of companies that have been deregistered or liquidated is still lower than the annual average.

According to him, the majority of registered companies are limited liability companies — 3,516, with capital exceeding JD143 million — while 56 are private joint-stock companies with capitalization exceeding JD126 million.

Import and export, building and owning of commercial or residential properties, transportation, food production or selling, and IT were the primary focuses of the new businesses.

According to Armouti, the average time to register a limited partnership is less than a day, and the time to register any other type of company that requires a bank deposit is less than two days.

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