Amman: Online company registrations in Jordan experienced a significant increase of 18.7% last year, according to General Controller of Companies, Wael Armouti. During a meeting organized by the Jordanian Businessmen Association (JBA), Armouti emphasized the importance of building a genuine partnership with the private sector as a cornerstone for strengthening the national economy.
According to Jordan News Agency, Armouti highlighted the need to enable investment as a national priority. He noted that the Economic Modernization Vision serves as a fundamental pillar for the Companies Control Department, achieved by enhancing the legislative environment, creating a modern and flexible business setting, and re-engineering procedures to save investors time and effort.
Armouti detailed the department's recent efforts to implement reform measures, including complete digital transformation of all transactions and streamlined procedures for company establishment and registration. These actions are intended to enhance efficiency and speed in processing transactions.
A JBA statement reported Armouti's comments on the department's commitment to improving the business environment and enhancing investment attractiveness through developing e-services and expediting transactions. This, he emphasized, allows companies to complete their procedures with flexibility and efficiency, supporting their activities and expansion across various economic sectors.
Last year, the department issued 96,367 company information records electronically without human intervention and 19,607 copies of archived documents, while completed e-applications reached 493,751. The number of companies registered electronically increased by 18.7%, compared to 2024, while the cancellation or termination of company registrations decreased by 26.5%.
Armouti also mentioned that 7,606 companies activated their online accounts, and the legal status of 180 companies was changed. Additionally, the number of companies whose registration was repealed or terminated reached 1,338.
JBA Chairman Ayman Alawneh praised the department's pivotal role in streamlining company establishment procedures, facilitating registration, and promoting governance and transparency, which increases investor confidence and improves the investment climate. He noted a 32% increase in the number of registered companies in Jordan compared to 2019, reflecting an improved business environment and growing investor confidence in the national economy.