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Ease of Doing Business in

Israel

Israel Download Profile (1717.8KB, pdf)
Region OECD high income
Income Category High income
Population 8,380,400
GNI Per Capita (US$) 35,440
City covered Tel Aviv

190

1

DB 2017 Rank

1

100

DB 2017 DTF (% points)

  • local_library
  • group
Topics DB 2017 Rank DB 2016 Rank info_outline Change in Rank DB 2017 DTF (% points) info_outline DB 2016 DTF (% points) info_outline Change in DTF (% points) info_outline
Overall 52 49 down
3
71.65 71.44 down
0.21
Starting a Business 41 50 up
9
92.28 90.55 up
1.73
Dealing with Construction Permits 71 69 down
2
71.61 71.54 up
0.07
Getting Electricity 71 67 down
4
75.20 75.21 down
0.01
Registering Property 126 126
-
52.84 52.84
-
Getting Credit 44 42 down
2
65.00 65.00
-
Protecting Minority Investors 9 7 down
2
75.00 75.00
-
Paying Taxes 96 93 down
3
71.00 71.06 down
0.06
Trading across Borders 59 57 down
2
82.85 82.85
-
Enforcing Contracts 89 87 down
2
57.93 57.93
-
Resolving Insolvency 31 30 down
1
72.75 72.47 up
0.28

Positive=Doing Business reform making it easier to do business. Negative=Change making it more difficult to do business.

DB 2017 Rank: 41

DB 2016 Rank: 50

Change in Rank: up9

DB 2017 DTF (% points): 92.28

DB 2016 DTF (% points): 90.55

Change in DTF (% points): up1.73

Standardized Company
Legal form: Private limited company
Paid-in minimum capital requirement: ILS 0
City: Tel Aviv
Indicator Israel OECD high income
Procedure – Men (number) info_outline 4.0 4.8
Time – Men (days) info_outline 12.0 8.3
Cost – Men (% of income per capita) info_outline 3.3 3.1
Procedure – Women (number) info_outline 4.0 4.8
Time – Women (days) info_outline 12.0 8.3
Cost – Women (% of income per capita) info_outline 3.3 3.1
Paid-in min. capital (% of income per capita) info_outline 0.0 9.2
  • No. Procedure Time to Complete Associated Costs
    1

    Obtain company registration documents certified by an attorney

    Agency: Attorney

    The following company certification documents must be certified by an attorney:
    • Application to register the company.
    • Declaration by the initial director(s) of competence to serve.
    • Initial shareholders’ signatures on articles of association.
    The company's initial Articles of Association must be signed by the initial shareholders and their signature needs to be authenticated by an attorney.
    3 days

    NIS 1,859 + VAT (recommended minimum fee by the Israeli Bar)
    2

    File with the registrar of companies, Ministry of Justice

    Agency: Ministry of Justice

    To register a company, the promoter must:

    1) File the articles of association;

    2) The directors must sign a declaration stating that they have the capacity to serve and their signatures must be authenticated by an attorney;

    3) The shareholders must also sign a declaration stating that they have the capacity to hold shares in a company and their signatures must be authenticated by an attorney.
    2 days NIS 2,654 + NIS 4 for each page in the Articles of Association
    3

    Register for taxes at Ministry of Finance, Income Tax Department and at the National Insurance Institute

    Agency: Ministry of Finance

    To register for company taxation, the promoter must file the company deed and identity certificate of registration. Upon registration at the Ministry of Finance, the company is automatically registered for social security at the National Insurance Institute
    7 days no charge
    * 4

    Register for VAT at Ministry of Finance, Customs and VAT Department

    Agency: Ministry of Finance

    The regional VAT office also operates under Ministry of Finance. To register for VAT, the promoter must file the certificate of incorporation, identity documents for all directors, a lease agreement, and other information.


    The VAT authority generally asks for a bank account for VAT refund purposes (or for VAT payment). It takes a few minutes to open a bank account, assuming that the company provided all required documents, including a company resolution to open the account and the rights of signature. There are no fees to open the account, but bank commissions may vary according to the bank and bank account features.

    1 day, simultaneous with procedure 3 no charge

    * Takes place simultaneously with previous procedure.