Latest news with #CompaniesControlDepartment


Zawya
19-06-2025
- Business
- Zawya
Company registrations in Jordan rise 35% in early 2025
AMMAN — The number of companies registered in the Kingdom during the first five months of 2025 rose by 35 per cent compared to the same period in 2019, and by 13 per cent compared to 2024, official statistical data showed on Wednesday. According to the statistical data issued by the Companies Control Department, the number of companies registered during the first five months of the year reached 2,980, compared to 2,213 in the same period of 2019, and 2,635 in the same period of 2024, the Jordan News Agency, Petra, reported. The data also indicated that the total registered capital exceeded JD130 million. The most commonly registered type of company so far in 2025 was the limited liability company, with 2,158 companies, accounting for 72.4 per cent of all registrations, with a total registered capital exceeding JD48 million. The data revealed a 'significant' drop in the number of companies whose registration was annulled or revoked during the January-May period of 2025, down 84 per cent compared to 2019, and down 46 per cent compared to the same period last year. A total of 478 companies had their registration annulled or revoked during the first five months of 2025, compared to 2,390 in the same period of 2019 and 878 in the same period last year. The statistical data also showed a 'notable' increase in the net capital increase during the first five months of this year, rising by 1,133 per cent compared to the same period in 2019, and by 293 per cent compared to the same period last year. The number of companies that reduced their capital during the first five months of this year stood at 127, compared to 243 during the same period in 2019, while the number of companies that increased their capital reached 750, compared to 288 in the same period of 2019. The data pointed out that the net increase in registered capital during the first five months of this year amounted to around JD727 million, compared to JD85 million in the same period of 2019, and JD229 million in the same period last year. © Copyright The Jordan Times. All rights reserved. Provided by SyndiGate Media Inc. (


Roya News
19-06-2025
- Business
- Roya News
Jordan sees 35% rise in new company registrations in early 2025
Jordan witnessed a strong uptick in business activity during the first five months of 2025, with official data showing a significant rise in company registrations and capital inflows, alongside a sharp drop in closures. Figures released by the Companies Control Department revealed that 2,980 new companies were registered between January and May this year. This marks a 35 percent increase compared to the same period in 2019 and a 13 percent rise from 2024, when 2,213 and 2,635 companies were registered, respectively. Limited liability companies dominated the scene, making up 72.4 percent of all new businesses. A total of 2,158 LLCs were registered during the period, with combined capital exceeding JD48 million. Overall, the total registered capital for new companies this year surpassed JD130 million. Alongside the rise in new registrations, Jordan also saw a dramatic slowdown in company closures. Only 478 businesses were dissolved or deregistered in the first five months of 2025, an 84 percent decrease compared to the 2,390 closures reported in 2019 and a 46 percent drop from the 878 closures recorded last year. Investment activity also showed notable momentum, with a net capital increase of JD727 million recorded between January and May. That figure reflects a staggering 1,133 percent rise compared to 2019 and a 293 percent jump over last year, when net capital increases stood at JD85 million and JD229 million, respectively. The number of companies that opted to reduce their capital declined as well, with just 127 doing so in 2025, compared to 243 in 2019. Meanwhile, 750 companies increased their capital during the same period, more than doubling the 288 recorded in 2019.


Jordan News
19-06-2025
- Business
- Jordan News
Jordan sees 35% surge in new company registrations - Jordan News
Jordan recorded a 35 percent increase in newly registered companies during the first five months of 2025 compared to the same period in 2019 and a 13 percent rise over the same period last year, according to official data from the Companies Control Department. اضافة اعلان A total of 2,980 companies were registered between January and May 2025, up from 2,213 during the same months in 2019 and 2,635 in 2024. The total capital registered during the first five months of this year exceeded JD130 million. Limited liability companies were the most commonly registered business type in 2025, accounting for 2,158 companies, or 72.4 percent of the total, with over JD48 million in registered capital. The data also showed a dramatic decline in company closures. Just 478 companies were dissolved or deregistered during the period, marking an 84 percent drop compared to 2019 and a 46 percent decrease from last year, when 2,390 and 878 companies, respectively, were struck off. There was also a significant uptick in capital increases, with a net capital gain of JD727 million recorded between January and May 2025. This represents a 1,133 percent increase over the same period in 2019 and a 293 percent increase over 2024, when net capital increases stood at JD85 million and JD229 million, respectively. The number of companies that reduced their capital fell to 127 this year, down from 243 in 2019. Meanwhile, 750 companies increased their capital in the first five months of 2025, more than double the 288 recorded during the same period in 2019.


Zawya
05-05-2025
- Business
- Zawya
Jordan: Corporate registrations rise by 13% in first-third of 2025
AMMAN — New registered companies increased by 13 per cent during the first-third of this year, compared with the same period in 2024. A total of 2,372 new companies were registered, compared with 2,091 during the January-April period last year. According to data issued on Sunday by the Companies Control Department (CCD), the total registered capital during the same period amounted to over JD66 million. Recording the highest number, a total of 1,723 limited liability companies (LLCs) were registered, constituting 72.6 per cent of the overall figure, with capital exceeding JD36 million, the Jordan News Agency, Petra, reported. The data also recorded a 49 per cent drop in the number of company dissolutions and deregistration during the first third of the year, compared with 2024. A total of 376 companies were de-registered or dissolved, compared with 741 during the same period last year. The CCD figures revealed capital increases surged by 518 per cent, against the same period in 2024, reaching around JD590 million, compared with around JD145 million last year. In this context, 624 companies increased their capital by about JD617 million, while 97 others lowered their capital by about JD79 million. © Copyright The Jordan Times. All rights reserved. Provided by SyndiGate Media Inc. (


Zawya
03-04-2025
- Business
- Zawya
Registered companies in Jordan increase by 9% in Q1 2025
AMMAN: The number of registered companies in Jordan increased by 9 per cent in the first quarter of 2025 compared to the same period in 2024, with total registered capital exceeding JD49 million, a report by the Companies Control Department (CCD) showed on Wednesday. Limited liability companies accounted for the majority of new registrations, with 1,292 companies established during the period, the Jordan News Agency, Petra, reported. The report also highlighted a 27 per cent increase in company registrations compared to 2019. Meanwhile, the number of companies whose registrations were revoked or cancelled fell by 53 per cent in the first quarter of 2025, with 287 companies removed from the register, down from 617 in the same period last year. Also, 491 companies increased their capital by almost JD285 million, while 73 companies reduced their capital by around JD71 million. © Copyright The Jordan Times. All rights reserved. Provided by SyndiGate Media Inc. (