L/I

Procedures

Required Documentation

Fees

Forms Used

Legislation

1

Pulling Number from Machine and head towards employee responsible for leasing operations

- Company's registration, certified from the Companies Controller;

- Certified Establishment Contract;

- Approval of Central Bank;

- Certificate of Deposit of Capital (One Million Jordanian Dinars).

- Licensing Capital Lease Operations fees 325 (Three Hundred Twenty Five) Jordanian Dinars.

- Renewal of License fees 75 (Seventy Five) Jordanian Dinars.

- Application form for Licensing Capital Lease Operations

- Certificate form

- Temporary Leasing Law No. 16/2002;

- Capital lease Operations Instructions of 2002.

2

Employee will provide the application form for Licensing Capital Lease operations to Applicant

3

Employee will check the Application and the required documents which are: Company registration certificate, an authorization from the company for the person following up to sign on behalf of the Company, an approval from the Central Bank (for banks only) and a certificate of deposit (of capital). The employee will then review the documentation and data, determine the required fee and obtain the signature of the Applicant on the Application form.

4

Employee will then print the certificate review it and attach it with Application so as to send the folder to the Registrar

5

Once it is signed, the Applicant is given a voucher so as to make the necessary payment and receive the certificate with the required modification.