Israel

Ease of Doing Business in

Israel

This page summarizes Doing Business 2013 data for Israel. The first table lists the overall "Ease of Doing Business" rank (out of 185 economies) and the rankings by each topic. It also lists the economy's distance to frontier (DTF)** measure. 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 7,765,700
GNI Per Capita (US$) 28,930
Doing Business 2013 Rank Doing Business 2012 Rank Change in Rank
38 36 down -2

Doing Business 2013 DTF** (% points) Doing Business 2012 DTF** (% points) Improvement in DTF** (% points)
72.1 71.4 down 0.7
Topic Rankings DB 2013 Rank DB 2012 Rank Change in Rank
Starting a Business 41 33 up -8
Dealing with Construction Permits 139 134 up -5
Getting Electricity 91 86 up -5
Registering Property 144 153 up 9
Getting Credit 12 9 up -3
Protecting Investors 6 6 No change
Paying Taxes 82 82 No change
Trading Across Borders 10 9 up -1
Enforcing Contracts 94 93 up -1
Resolving Insolvency 47 45 up -2

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 2013 Rank 41 DB 2012 Rank 33 Change in Rank down-8
DB 2013 DTF** (% points) 88.2 DB 2012 DTF** (% points) 88.3 Improvement in DTF** (% points) down-0.1
YearNew business densityNumber of new limited liability companies
2008 4.4619,758
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)
21 -- 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)
4.0 -- 4.5

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 -- 13.3
No. Procedure Time to Complete Associated Costs
1 Obtain company registration documents certified by an attorney 3 days NIS 1,798 + VAT (recommended minimum fee by the Israel Bar)
2 File with the registrar of companies, Ministry of Justice 2 days NIS 2,554 + NIS 4 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, simultaneous with procedure 3 no charge
* 5 Register with the National Insurance Institute 14 days, simultaneous with procedure 3 no charge
* Takes place simultaneously with another procedure.

** The distance to frontier (DTF) measure shows the distance of each economy to the "frontier," which represents the highest performance observed on each of the indicators across all economies included in Doing Business since each indicator was included in Doing Business. An economy’s distance to frontier is indicated on a scale from 0 to 100, where 0 represents the lowest performance and 100 the frontier. Read more...

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