Stability of legislations is the most prominent challenge facing the business environment

Stability of legislations is the most prominent challenge facing the business environment

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The Jordanian investment environment is governed by a number of laws which regulate the operation of the private sector and control the relationship between the public and private sectors. In view of the entrepreneurship wave with has appeared recently, questions came up as to whether entrepreneurship requires a law to enhance its existence in Jordan, particularly if we know that …

New Draft Tax Law Compels Companies to Stay Small and Divide their Projects

New Draft Tax Law Compels Companies to Stay Small and Divide their Projects

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The draft Tax Law, issued recently, has opened the doors wide to examining whether the ratios set are attracting or detracting to investments in Jordan. At a time when countries strive to motivate their economies by reducing taxes to relieve burdens for companies, the Jordanian government issued a draft income tax law with rates for a number of basic sectors …