Exports, in general, can help companies grow their market beyond their national borders to achieve economies of scale and enhance brand recognition and brand asset. When companies want to export, they need to define export as a goal within their company’s overall plan, since exports may need:
- increasing investments in production capacity,
- increasing product variety and quality,
- customizing the product to match the market needs and requirements,
- increasing staff or attracting new skills experienced in international trade,
- investing in trademark registration and protection in selected export markets, and more.
What are the Export Incentives?
Exports are one of the main priorities of the Government of Jordan (GoJ) highlighted under national strategies:
Jordan Vision (JV) (2025)
To encourage exports and enhance the competitiveness of Jordanian companies in the global market, the GoJ introduced, under regulation No 13/2020 of the Jordan Investment Law No 30/2014, an export rebate for Jordanian industrial firms that manufacture exportable products. Starting in 2019, the export rebate will equal 3% of the company’s total annual exports.
In 2020, an added rebate of 5% will apply to the value of exports that exceed the 2019 mark. This rebate applies to many sectors: food processing, chemical products, paper products, wood products, furniture, and others.
Special export rebate conditions apply to the pharmaceutical, apparel, and leather sectors.
Moreover, regulation No 106/2016 exempts export profits from income tax for selected industries working in the service sector.