Part Ten Exempt Companies
التاريخ
Article (211) |
Definition of the Company and Acts Prohibited to be carried out
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A-
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An Offshore Company is a Public Shareholding Company, a Limited Partnership in Shares or a Limited Liability Company or a Private Shareholding which is registered in the Kingdom and carries out its operations outside the Kingdom. The word (Exempt Company) shall be added to the name of the said Company.
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B-
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An Offshore Company shall be prohibited from offering its shares for public subscription in the Kingdom.
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Article (212)
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Registration of the Company, its Capital and its Objectives
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An Offshore Company shall be registered with the Controller in a register specially prepared for Jordanian Companies operating outside the Kingdom. The capital of such a Company should not be less than the minimum limit set in the related legislations if its activity is in the field of Banks or financial institutions.
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Article (213)
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Cancelled.
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Article (214)
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Registration Procedures, Company's Operations, Registration Fees and its Supervision
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The provisions and special conditions relating to the founding of an Offshore Company and its operations, the fees due by it and the supervision thereof shall be determined by a regulation to be issued in accordance with this Law.
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sdc ref id
238
Last update Thursday on 23-11-2023 at 15:26:57