The Legal Personality of Commercial Companies in Jordan: Concepts, Legal, and Economic Implications

Abstract

This study examines the concept of the legal personality of commercial companies in Jordan, considering it as an independent legal entity capable of exercising rights and assuming obligations in its own name, separate from its members or partners. The research traces the historical development of this concept and its impact on business organization and commercial relationships, with a particular focus on legislative updates in the Jordanian Commercial Law that ensure effective legal recognition of corporate legal personality. The study also highlights the legal and economic significance of such recognition by regulating the relationship between the company and its employees, protecting the interests of various stakeholders, and promoting economic stability. The research concludes that legal personality serves as a fundamental pillar for creating an organized and reliable commercial environment, providing clear legal guarantees, supporting national economic growth through enhanced documentation, regulating commercial operations, and ensuring companies’ compliance with applicable legislation.