Foreign ownership is limited to 50% in retail and wholesale trade, including distribution, import and export services, except for what is necessary for the purposes of practicing economic activity and exporting the product/goods. Investment in bakeries (recorded under food manufacturing) and trading in firearms (not considered as per the OECD FDI RRI methodology) are wholly closed to foreign investment.
"Chapter One
Incentives and advantages Outside the Development Zones and Free Zones
Article (10)
subject to the provisions of any other legislation:
a- Any Non-Jordanian person shall have the right to invest in the Kingdom through possession, partnership or sharing according to the basis and conditions set out pursuant to a regulation issued for this purpose provided that the economic activities and the percentage within which the non-Jordanian investor may participate or share.
b- subject to the provisions of para (a) hereof the non-Jordanian investor shall be treated as the Jordanian investor.[...]" (Investment Law (No. 30 of 2014), Article 10 [unofficial translation])
-------------------------
"Article (2)
A- The following words and phrases, wherever mentioned in this system, shall have the meanings assigned to them below, unless the text indicates otherwise: [...]
Non-Jordanian investor: a natural person who holds a non-Jordanian nationality, or a legal person that was established and registered outside the Kingdom.
[...]
Article (3)
Without prejudice to the considerations of national security, public order, public morals, and public health, the non-Jordanian investor may, in any percentage, complete any project in any economic activity, except for the economic activities set forth in Articles (4) and (5) of this system, unless there is a provision in the relevant legislation establishing the relevant legislation.
[...]
Article (4)
A non-Jordanian investor may acquire a percentage of (50%) of the capital of any project in the following economic activities:
A- Retail and wholesale trade, including distribution, import and export services, except for what is necessary for the purposes of practicing economic activity and exporting the product/goods.
[...]
Article (5)
A- A non-Jordanian investor may not fully or partially own or contribute to any of the following economic activities:- [...]
5 - Trading in, importing and maintaining firearms and ammunition. [...]
8- Bakeries of all kinds. [...]" (Regulation of Non-Jordanian Investments (No. 77 of 2016), last amended 16 June 2020, Articles 2, 3, 4 and 5 [google translation])
Investment Law (No. 30 of 2014), Article 10
Regulation of Non-Jordanian Investments (No. 77 of 2016), last amended 16 June 2020, Articles 2, 3, 4 and 5
[<a href="https://lob.gov.jo/?v=1.13&url=ar/LegislationDetails?LegislationID:3339,LegislationType:2,isMod:false">Law</a>],[<a href="https://www.jic.gov.jo/wp-content/uploads/2018/10/Investment-Law-ENGLISH-2014.pdf">Law_Eng</a>],[<a href="https://lob.gov.jo/?v=1.13&url=ar/LegislationDetails?LegislationID:6587,LegislationType:3,isMod:false">Reg</a>]