Israel

Ease of Doing Business in

Israel

This page shows summary Doing Business 2012 data for Israel. The first table lists the overall "Ease of Doing Business" rank (out of 183 economies) and the rankings by each topic. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.

Economy Overview

Region OECD high income
Income Category High income
Population 7,577,000
GNI Per Capita (US$) 27,340.00
Doing Business 2012 Rank Doing Business 2011 Rank Change in Rank
34 32 down -2
Topic Rankings DB 2012 Rank DB 2011 Rank Change in Rank
Starting a Business 43 36 up -7
Dealing with Construction Permits 137 135 up -2
Getting Electricity 93 92 up -1
Registering Property 147 148 up 1
Getting Credit 8 8 No change
Protecting Investors 5 5 No change
Paying Taxes 59 57 up -2
Trading Across Borders 10 11 up 1
Enforcing Contracts 94 96 up 2
Resolving Insolvency 45 40 up -5

Economy Profile

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Starting a Business

Info

The challenges of launching a business are shown below. Included are: the number of steps entrepreneurs can expect to go through to launch, the time it takes on average, and the cost and minimum capital required as a percentage of gross national income (GNI) per capita.

DB 2012 Rank 43 DB 2011 Rank 36 Change in Rank down-7
Indicator Israel OECD high income OECD

The total number of procedures required to register a firm. A procedure is defined as any interaction of the company founders with external parties (for example, government agencies, lawyers, auditors or notaries).

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Procedures (number)
5 -- 5

The total number of days required to register a firm. The measure captures the median duration that incorporation lawyers indicate is necessary to complete a procedure with minimum follow-up with government agencies and no extra payments.

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Time (days)
34 -- 12

Cost is recorded as a percentage of the economy’s income per capita. It includes all official fees and fees for legal or professional services if such services are required by law.

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Cost (% of income per capita)
4.4 -- 4.7

The amount that the entrepreneur needs to deposit in a bank or with a notary before registration and up to 3 months following incorporation and is recorded as a percentage of the economy’s income per capita.

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Paid-in Min. Capital (% of income per capita)
0.0 -- 14.1
No. Procedure Time to Complete Associated Costs
1 Obtain company registration documents certified by an attorney 3 days ILS 1,753+ 16% VAT (recommended minimum fee by the Israel Bar)
2 File with the registrar of companies, Ministry of Justice 1 day ILS 2,491 + ILS 2 for each page in the Articles of Association
3 Register for taxes at Ministry of Finance, Income Tax Department 15 days no charge
4 Register for VAT at Ministry of Finance, Customs and VAT Department 1 day no charge
5 Register with the National Insurance Institute 14 days no charge

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