
AMENDED BASES ADOPTED TO ESTABLISH AND ADMINISTR A PRIVATE FREE ZONE
ISSUED ON 29/6/2006 IN ACCORDANCE WITH ARTICLES (2, 4/A, 7/C) OF THE FREE ZONES CORPORATION'S LAW NO. (32) FOR THE YEAR 1984 AND ITS AMENDMENTS, AND ARTICLES (3, 14/B, 31/C) OF THE FREE ZONES CORPORATION'S INVSTMENT REGULATION NO. (43) FOR THE YEAR 1987 AND ITS AMENDMENTS
First: These bases shall be applied on all operating private free zones and/ or the private free zones to be established in due date of approval date. The private free zones at civil and military airports, duty free shops, joint free zones and media free zones shall be excluded.
Second: The Board of Directors may issue a preliminary approval to establishing private free zones for both local and foreign private sector pursuant to the following conditions:
1. An area where the private free zone to be erected thereon shall not be less than one hundred and fifty Dunums.
2. Investment Activity to be exercised shall only be limited to industrial activities.
3. Invested capital in the project shall not be less than one million and a half Jordanian Dinars. The operating private free zones erected before these bases came into force shall be excluded. .
4. One of the characteristics stipulated in Article (13\b) of the Free Zones Corporation's Law shall be fulfilled. The zone shall also be close to industrial complexes in the Governorates.
5. The project shall fulfill the terms and requirements stipulated by the Ministry of Environment and through the representative of the Ministry at (the Committee of the Private Free Zones).
6. A preliminary approval of the Board of Directors shall not be issued unless procedures stipulated in Item (3) mentioned below are completed. The final agreement shall be signed in order to carry out the procedures and approve it, the agreement, by the Corporation's Board of Directors and then refer it to the Council of Ministers to be approved.
7. The Board of Directors may cancel the approval in case the concerned party did not abide by implementing the stages of the project according to work progress program submitted by him/her and the feasibility study enclosed with the application and/or in case conditions mentioned above are not fulfilled. The Corporation and its Board of Directors shall not be responsible.
8. In all cases approval does not mean that the Corporation will be responsible for any costs of any kind whether it is related to services or infrastructure or whether the approval was preliminary or final.
Third: Services charges imposed by the Corporation shall be determined by the Board of Directors and stated in the agreement to be signed between the Corporation as a first party and the concerned party as a second party in addition to administrative services of the Jordan Customs and the competent departments. The agreement shall come into force when approved by the Council of Ministers.
Fourth: The applicant of the licensing shall be committed to the following:
- 50% of manpower minimum shall be Jordanian.
- Comprehensive insurance against all dangers on all assets of the private free zone.
- Implementing all environment conditions; applying laws, regulations and instructions related to security, rationale and health, anti smuggling and anti fraud.
- Establishing offices for the employees of the Corporation and the competent departments within three months of the date of the Council of Ministers approval.
Fifth: Any amendment on the company shall be disregarded unless the Corporation issues a preliminary approval.
Sixth: The Corporation in coordination with the Jordanian Customs may issue necessary instructions to organize the work of these zones.
Seventh: Procedures adopted to establish a private free zone:
- An application for establishing a private free zone, as per form adopted in the Corporation, shall be submitted to the Corporations administration indicating all information related to project, type of activity and capital. The following documents shall be enclosed:
- Economic feasibility study.<