Setting Up a Company

Types of Companies and Capital (Max/Min)	Number of Partners/Shareholders and Liability
Public limited company (business corporation) no minimum capital	minimum 2 partners liability limited to the amount of contributions.
Limited Liability Private Company (SARL) no minimum capital.	No minimum liability limited to the amount of contributions.
General Partnership no minimum capital.	minimum 2 partners. unlimited liability for debts and obligations of the company.

Source: Doing Business.

Business Setup Procedures: Consult Doing Business Website, to know about procedures to start a Business in Israel.
Israelbusiness

Working Conditions

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 is ILS 7,320 (USD 1,883).
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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