Israel

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Operating a Business in Israel

Types of companies and capital (max/min)	Number of partners/shareholders and liability	Registration fees
Public limited company = business corporation. no minimum capital	minimum 7 partners liability limited to the amount of contributions.	Company's registration documents certified by a lawyer: NIS 1,540; Registration to the Ministry of Justice: NIS 2,200.
Limited Liability Private Company = SARL. no minimum capital.	minimum 2 partners maximum 50 partners liability limited to the amount of contributions.	Company's registration documents certified by a lawyer: NIS 1,540; Registration to the Ministry of Justice: NIS 2,200.
La General Partnership no minimum capital.	maximum 20 partners. unlimited liability for debts and obligations of the company.	Company's registration documents certified by a lawyer: NIS 1,540; Registration to the Ministry of Justice: NIS 2,200.
Limited Partnership. no minimum capital.	maximum 20 partners. At least one partner should have an unlimited liability. The liability of other partners is limited to the amount of contributions.	Company's registration documents certified by a lawyer: NIS 1,540; Registration to the Ministry of Justice: NIS 2,200.

Business setup procedures: According to World Bank, Israel is the country where it is easier and quicker to create a company and obtain a credit. There are 5 administrative procedures for opening a business in Israel. The companies should be registered with the Trade Register. Documents to be drawn up in Hewbrew and a financial analysis in Sheqels.
The competent organization: 2binisrael Site under joint responsibility of the Ministry of Aliyah Integration and the SME Authority (MATI).
Asakim Israeli site of MATI.
Ministry of the Industry, Trade and Labor.
Federation of Israeli Chambers of Commerce.
Finance Ministry .

Central Bureau of Statistics.
News of the world of business and technology.
Bank of Israel
Israel Business Data
Israeli companies by area of specialization.

List of Trade associations in Israel.
Site of Manufacturers Association of Israel.
Portal of Israeli science and technology.

Legal weekly duration: Maximum 45 hours per week
Retirement age: From 60 to 65 years for women and from 65 to 70 years for men.
Working contracts: The employment contract is drawn up through legal provisions and to a lesser extent through collective agreements. The employment contract can be written or oral. It can be for indefinite, definite or temporary duration.

Minimum wage: 3585.18 ILS.
Average wage: Average monthly gross earnings in Israel was ILS 7,320 (USD 1,883) in 2007.
Social contributions: Social security contributions paid by employers: 4.93 %.
Social security contributions paid by employees: 9.70%

Social dialogue and involvement of social partners: Most of the unions belong to Histadrut (General Federation of Labor in Israel), or to a much smaller rival federation, the Histadrut Haovdim Haleumit (the National Labor Federation). Negotiations are carried out at the national and sectoral level.
Unions: Histadrut
Unionization rate: Unionisation rate in percentage of the labor market population in Israel : 23% in 2004.
Labor regulation bodies: Ministry of Industry, Trade and Labor

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