The Jordanian legislator has regulated the procedures for declaring bankruptcy in the Bankruptcy Law. After the declaration, bankruptcy proceedings go through multiple stages outlined by the legislator in the law. These stages include: Preliminary Stage: This stage involves listing the debtor’s obligations, creditors, and gathering all necessary information. Reorganization Stage: During this stage, the debtor […]
The Bankruptcy Law No. 21 of 2018 was issued on 7/5/2018 and took effect after one hundred and eighty days from its publication in the Official Gazette, making it effective on 12/11/2018. Based on this law, the Bankruptcy System No. 8 of 2019 was issued on 16/1/2019, and it became effective from the date of […]
Jordanian Nationality for Investors: Investment is considered one of the direct ways to obtain the nationality of the country in which the investment is made. An individual can apply for citizenship of that country if they comply with the laws, regulations, and instructions set forth. The country granting citizenship through investment enjoys several advantages, including […]
Granting Residency in Jordan to Investors – Conditions and Procedures: Jordan is one of the countries with high human resources, enjoying strong economic and strategic relations with the Middle East, North Africa, and the world. The country stands at the forefront of social, economic growth, and sustainable development. According to Jordanian legislation related to investment, […]