Amendments to Jordanian Companies Law and Corporate Regulations
Effective April 1, 2024, amendments to the Jordanian Companies Law No. 22 of 1997 and Corporate Regulations introduce new requirements for shareholders.
Jordan Enacts Personal Data Protection Law No. 24 of 2023
The Jordanian Personal Data Protection Law No. 24 of 2023, coming into force on March 17, 2024, introduces comprehensive regulations on the collection, processing, and protection of personal data.
Governance Instructions for Shareholding Companies for the year 2024
The Governance Instructions for Shareholding Companies 2024 introduce new requirements for board composition, transparency, and corporate governance to enhance accountability and inclusivity in Jordanian shareholding companies.
The Social Development Law of 2024 has been issued to regulate social work, enhance social justice, and provide protection and care services for vulnerable groups, promoting solidarity and sustainable development.
A Royal Decree has been issued, approving the Cabinet’s decision to end enforcement of Defense Law No. 13 of 1992, across the Hashemite Kingdom of Jordan, as of May 07, 2023, following the World Health Organization’s recent declaration that the COVID-19 p
Amendments to the Jordanian Labor Law No. 8 of 1996
The Jordanian Labor Law No. (8) of 1996, governs labor affairs in Jordan, and applies to all employees and employers as defined under the said Law. Recent amendments to the Labor Law were recently adopted, which shall come into effect as of June 15, 2023.
Ultimate Beneficial Owner Registry Regulations of 2022
Ultimate Beneficial Owner Registry Regulations No. 62 of 2022 have been issued pursuant to paragraph (d) of Article 273 (bis) of the Companies Law No. 22 of 1997.
The Investment Environment Law No. 21 of 2022, issued in the Official Gazette in mid-October, which replaces Investment Law No. 30 of 2014, has entered into force.
