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Business climate in Israel shows significant improvement in 2019

Business climate in Israel shows significant improvement in 2019

Extracts from the Monthly Information bulletin of the Commercial Department of the Greek Embassy in Israel 31-1-2020

According to the annual report of the World Bank, Israel seems to have climbed 14 positions up  among 190 countries in 2019  and now stands in the 35th place in what it concerns the “facilities offered in business .According to the Israeli ministry of Economy, Israel has gained 19 places during the last two years and this success is due to the coordinated inter-ministerial efforts in view of diminishing the obstacles related to the improvement of the business environment.

According to the report, Israel facilitated furthermore the process of establishing a new business, by allowing joint corporate tax and VAT registration.  more


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