S S I F

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The Social Security Investment Fund (formerly the Investment Unit) commenced its operations in 2003. It is responsible for managing and investing the funds of the Social Security Corporation with the aim of achieving sound and sustainable returns on invested assets, while preserving the real value of assets and holdings and ensuring adequate liquidity to meet the future obligations of the Social Security Corporation.

Contact Information

  • 0096265501111
  • info@ssif.gov.jo
  • Shmeisani, at the intersection of Abdel Rahman Irsheidat and Ma'rouf Rasafi Streets, building number (45), behind Prince Hassan Mosque.
  • Sunday - Thursday, 09:00 - 17:00
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Benefits of investment in development areas

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Benefits of investment in development areas

1- Investment Law

The Investment Law No (30) of 2014 in force aims to create a competitive business environment capable of attracting local and foreign investments.  The Law empowers the private sector to play an active role in developing and managing development areas, and provides a "one-stop service" through the Jordan Investment Commission (JIC) that works to facilitate and expedite procedures for investors.  The Law also draws a clear policy on land ownership, removes restrictions on foreign capital, and provides a range of investment facilities including tax incentives, exemptions from customs duties, and transparent practical implementation mechanisms that include:

  • Specialized Investment Window services.
  • Allowing direct registration of non-Jordanian companies.
  • Exemptions from customs duties and taxes for the launch and operation of investments.  
  • Facilitation for investors’ ownership of land and real estate.
  • Facilitation of import and export procedures.
  • Exemption from taxes on profits.
  • Expedited customs procedures.
  • No restrictions on foreign ownership or foreign capital.
  • No restrictions on foreign labor.

2- Tax incentives
Companies registered in development areas enjoy the following tax incentives:

 Income tax 5%  Taxable income from all activities within the development area. 
 Sales tax  0%  All purchases of goods and services by registered enterprises.
 Customs  0%  All purchases (local and imported) by registered enterprises
 Social services tax  0%  On all revenues realized within the development area or abroad.
 Dividend tax  0%  On all revenues realized within the area or abroad.
 Sales tax  7%  Only on services in process of consumption.

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