L/I

Procedures

Required Documentation

Fees

Forms Used

Legislation

1

Pulling Number from Machine and heading towards employee responsible for Capital Lease operations

- The modified Lease;

- Copy of Lessee's company registration certificate if lessee is a company;

- An authorization of signature if Lessee is a Limited Liability or a Public Shareholding Company;

- Copy of Lessee's ID card.

- Lease Modification fees 50 (Fifty) Jordanian Dinars;

- Registration Cancellation fees Twenty Jordanian Dinars;

- Any other request not mentioned in instructions, Ten Jordanian Dinars.

- Signing off on Modified Leases Application form

- Official Memo

- Temporary Capital Lease Law No. 16/2002;

- Capital Lease Operations Instructions of 2002.

2

Employee will provide the application form for Signing off on Modified Data in Capital Lease Contract to Applicant

3

Employee will check the Application, the contract 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 (for both the Lessor and the lessee). After the data is reviewed, the fees are determined and the Application is signed by both parties, the Applicants is then requested to return the following day to receive the certificates.

4

Capital Lease Registrar will sign off on the modified lease and sign a "To Whom It May Concern" letter

5

After payment of the fees, two copies of the "To Whom It May Concern" letter are given to the Applicant.