SMEs related laws

LAW NO. 71 of 2003

Establishing the Jordanian authority for the Development of the Investment Environment and Economic Activities (law is only available in Arabic).

Prime Minister's decision NO.9 of 2009

Establishing a committee to support the creation of a public authority to promote and support SMEs.

Emiri decision NO.24 of 2011

Amended by decision NO. 97 of 2013, to create a board of directors of Qatar authority for SMEs Development (available in Arabic).

Qatar Markets council decision NO.5 of 2014

Of issuing a system of corporate governance for SMEs, this system was prepared for joint-stock companies listed in the emerging companies market, and it includes principles and practical applications aimed at improving the governance system, especially at the level of the board of directors, which is a prerequisite for improving the performance of each company, taking into account the best international standards of governance, to adopt these provisions in accordance with the laws in force in the State of Qatar, includin

Ministerial decision NO.250 of 2018

A circular on the definition of SMEs based on two criteria, the staff headcount, and the annual turnover, the definition includes only private and profitable enterprises, excluding startups (law is only available in Arabic).

Law NO.2 of 2016

Establishing the SMEs Development Authority and replacing the General Organization for Employment and Enterprise Development with its rights and obligations. It focuses on designing policies and programs that facilitate the development of SMEs sector, and to support the local production and promote local exports, moreover the authority is working on creating a national network of incubators for SMEs covering all economic sectors (Law is only available in Arabic).

Law No.12 of 2016

It creates a corporation that focuses on enabling SMEs to obtain the required financing from financial institutions, enhancing their role in supporting economic and social development, as well as it contributes in strengthening the banking and financial sector's competitiveness (Law is only available in Arabic).