With a population of over 10 million people, and a 90% of the GDP from foreign investments, doing business in Jordan offers companies opportunities for growth. Getting started in Jordan and keeping up with payroll and compliance regulations can be challenging, but rewarding.
The corporate tax rates in Jordan vary by sector. In the Banking industry, the tax rate is 35%, Telecom is 24%, and Industrial is 15%. In 2019, Jordan established a new tax known as the National Contribution Tax, paid at a rate between 1-7%. This new tax is intended to pay the Jordanian public dept.
Labor and Payroll Considerations in Jordan:
- The minimum wage is 268 JOD (Jordanian Dinar) per month
- The standard number of working hours per week is 48 hours
- Employment contracts must be written in Arabic
- Unions can be formed by a minimum of 50 people in the same field or occupation
- Foreign workers intending to secure employment in Jordan must have a job offer prior to applying for a work permit
- Foreign workers must also have a residency permit
- Employers must get approval to hire foreign workers from the Ministry of Labor, and prove that they cannot find anyone fit for the position in Jordan
- There is a list of professions that only Jordan citizens can pursue
Blue Marble has simplified payroll in Jordan with easy-to-use, cloud-based technology, customized monthly reporting across all countries and currencies, and in-country experts in Jordan to help when questions come up. Talk to us today about getting started in Jordan or simplifying your existing operations. Click here to learn more
At Blue Marble, we combine robust HR payroll management software with vetted local partnerships to help your business better manage payroll reporting requirements in Jordan.