preface
preface
preface
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BDO Israel<br />
DOING BUSINESS IN ISRAEL<br />
Eligible businesses are tutored by independent consultants, whose fees<br />
are paid by the Ministry (75%) and the business (25%) within an agreed<br />
time frame, based on the latter’s needs and the Ministry's policy and<br />
budget.<br />
Medium sized businesses (11 - 100 employees) are entitled to up to 150<br />
hours of tutorship; small businesses (5-10 employees) are entitled to up<br />
to 100 hours; very small businesses (up to 4 employees) are entitled to<br />
20 hours only.<br />
In addition, very small business managers may participate in special<br />
courses, in the framework of Small Business Development Centers,<br />
designed to develop their managerial skills.<br />
The Ministry of Agriculture allocates funds for “tutorage” of<br />
agricultural businesses.<br />
7.6.5. Employment Grant Program<br />
In order complement to the revised Law for the Encouragement of<br />
Capital Investments, the government has decided to establish an<br />
additional program to increase employment in remote areas of Israel, as<br />
well as specific centers with high unemployment.<br />
Support will be provided for the establishment or expansion of industrial<br />
plants, telephone call centers, computer service support centers or<br />
logistic centers. In order to qualify for such program, these enterprises<br />
will be required to employ a minimum number of workers at a minimum<br />
wage, as detailed below.<br />
In order to be granted support from this program, companies are<br />
required to compete, and will be invited to submit proposals twice a<br />
year. The maximum amount of support offered is as follows:<br />
All areas: 15% of the cost of average monthly wage for additional<br />
employees, but no more than NIS 120,000 per employee for the entire<br />
period.<br />
Minority and Ultra-Orthodox towns - as above. Enterprises paying<br />
wages below NIS 6,750 will be entitled to more than NIS 60,000.<br />
Despite the above, the total average support granted to each enterprise<br />
will not exceed NIS 100,000 per employee.<br />
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