DOCSLIB.ORG

Doing Business in Israel 2013

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Doing Business in Israel 2013 Doing Business in Israel 2013 30 YEARS OF EXCEPTIONAL CLIENT SERVICE Doing Bussiness in Isr a e l March 2013 Dear Friends, 2012 was characterized by an uncertainty as to how the Eurozone crisis and slowdown in global demand would impact the Israeli economy. The debt crisis in Europe has exacerbated over the past year, while the fiscal cliff has caused widespread concern in the U.S. Despite this uncertainty, Israel's continued growth proved to be robust, enabling it to continue strengthening its strong economy in 2012 and withstand the consequences of the financial downturn in 2008. Indeed, the economy grew by 3.3% - reflecting a GDP per capita increase of 1.5%. After a challenging year on the TASE, marked by a drop in share prices in 2011, Israeli stocks delivered a good return in 2012, giving attractive yields to investors. Israel has launched an offshore production platform, from which the flow of natural gas is scheduled to begin in the second quarter of 2013, and this also expected to have a positive effect on the Israeli economy. Thanks to the local entrepreneurial spirit, the business sector continues to grow and many new start-up companies were established over the past year. However, the elections for the 19th Israeli Knesset (Parliament) were held in January 2013, and the newly appointed government must get the 2013-2014 annual budget bill approved which, given the budget deficit in 2012, will be quite restrained. Accordingly, economic growth is likely to be on a downtrend. This publication serves as a valuable tool for investors wishing to gain up-to-date information, enabling them to grasp the general picture of various aspects relating to doing business in Israel. The information presented here addresses recent macro-economic tendencies and provides a general overview of Israel and its society, business environment, accounting framework, taxation and government tax incentives. Israel's economy has shown consistent stability, with a solid economic performance reflected once again in macro data for 2012. Prospects for the upcoming years are optimistic, especially in light of aforementioned events. Israel remains an excellent place to do business. Sincerely, Danny Margalit Chairman & CEO BDO Israel BDO Israel Exceptional Client Service BDO Israel is an innovative business oriented accounting and consulting firm, ranking amongst the five leading industry firms in Israel. BDO Israel was established in 1983 and is a member of the BDO international network. The firm has more than 1000 employees in Israel and operates seven branches across the country. BDO Israel is member firm of BDO international, one of the world’s five leading accounting and business consulting networks. The network has representation in more then 138 countries. The firm's membership in the BDO network enables the firm's clients to receive local services, which are personalized and reliable in a wide range of areas in all business centers worldwide. BDO Israel is highly committed to the financial markets, and offers various services including raising private capital, M&A and IPO's in Israel US Europe and the Far East. The strong business orientation of our leadership and our employees allows the firm to undertake every task while providing high quality professional services. Ziv Haft Head Office: Amot Bituach House Bldg. B, 48 Dereh Menahem Begin Rd. Tel Aviv 6618001, Israel Tel: 972(0)3-6386868 Fax: 972(0)3-6394320 www.bdo.co.il BDO Israel, an Israeli partnership, is a member of BDO International Limited, a UK company limited by guarantee, and forms part of the international BDO network of independent member firms. BDO is the brand name for the BDO network and for each of the BDO Member Firms. Doing Bussiness in Isr a e l PREFACE This publication has been prepared by BDO Israel to provide our clients, associates and foreign investors with an overview of Israel’s economy and business environment. Our goal in this publication is to summarize useful information, so as to provide our readers with a “taste” of Israel. The publication aims at covering most, but not all, aspects of doing business in Israel and should therefore not be regarded as a manual or a textbook on the subject. Prior to making any investing decision, it is recommended to seek the advice of Israeli economic consultants in the relevant sectors. Our partners and associates at BDO Israel provide reliable and professional service to all investors considering investing in Israel. BDO Israel is one of the leading accounting firms in the banking and financing sectors, in addition to our proven leadership in other areas such as health care, real estate and high-tech. We also act as a principal financial service provider to government offices in Israel. BDO is the fifth largest international network, with combined revenues of approximately €4.6 billion. The firm has 1,200 offices in 138 countries worldwide, with a total of approximately 46,750 partners and professional staff. The information presented here was updated in January 2013, based on data available at the time of printing. The publication is intended for information purposes only and does not in any way replace or amend any of the laws and regulations mentioned. We thank the lawfirm of Gideon Fisher & Co., for their assistance in reviewing some of the chapters included here. Although we have conducted extensive research to prepare this publication, we are not responsible for any inaccuracies that may have arisen. BDO Israel Doing Bussiness in Isr a e l TABLE OF CONTENTS 1. THE ISRAELI ECONOMY IN 2012 ..................................................................... 1 1.1 Foreword ............................................................................................................................................... 1 1.2 Macro-economic Developments in 2012 ............................................................................................... 1 1.3 Forecast of the Economic Development in 2013 .................................................................................. 6 2. ISRAEL - GENERAL OVERVIEW ...................................................................... 7 2.1 Background ........................................................................................................................................... 7 2.2 Government........................................................................................................................................... 7 2.3 Facts and Figures ................................................................................................................................. 8 2.4 Israel’s Currency ................................................................................................................................... 9 2.5 Infrastructure ......................................................................................................................................... 9 2.6 Working in Israel ................................................................................................................................. 10 2.7 Business Hours ................................................................................................................................... 10 3. OVERVIEW OF ISRAEL’S HI-TECH INDUSTRY ....................................................... 11 3.1 Israel’s High-Tech Industry- Introduction ............................................................................................ 11 3.2 The High-Tech World in 2012 ............................................................................................................. 11 3.3 The Venture Capital Industry .............................................................................................................. 13 3.4 Analysis of Venture capital Raised by Industry ................................................................................... 13 3.5 Capital Raised by Israeli High-Tech Companies by stage ................................................................. 15 3.6 The Biotechnology Industry in Israel ................................................................................................... 15 4. BUSINESS STRUCTURE ................................................................................ 17 4.1 Business Organizations ...................................................................................................................... 17 4.2 Tel Aviv Stock Exchange .................................................................................................................... 25 4.3 Insurance, Credit And Capital Market Reform .................................................................................... 28 5. BUSINESS ENVIRONMENT ............................................................................ 29 5.1 Human Resources .............................................................................................................................. 29 5.2 Antitrust Law........................................................................................................................................ 31 5.3 International Trade .............................................................................................................................. 32 5.4 Trade Agreements .............................................................................................................................. 34 5.5 Proprietary Rights ..............................................................................................................................
Load more

Recommended publications
  • Arkitektur I Konflikt
    Arkitektur i konflikt: Arkitekturens rolle i kampen om Jerusalem Ida Kathinka Skolseg MØNA4590 - Masteroppgave i Midtøsten- og Nord-Afrika-studier Institutt for kulturstudier og orientalske språk UNIVERSITETET I OSLO Mai 2016 II The city does not consist of this, but of relationships between the measurements of its space and the events of its past… The city, however, does not tell its past, but contains it like the lines of a hand, written in the corners of the streets, the gratings of the windows, the banisters of the steps, the antennae of the lightning rods, the poles of the flags, every segment mamrked in turn with scratches, indentations, scrolls. Italo Calvino, Invisible Cities. III © Forfatter Ida Kathinka Skolseg År 2016 Tittel Arkitektur i konflikt: Hva er arkitekturens rolle i kampen om Jerusalem Forfatter Ida Kathinka Skolseg http://www.duo.uio.no/ Trykk: Reprosentralen, Universitetet i Oslo IV Sammendrag Israel forsøker å presentere Jerusalem som en forent by, hvis udelelige egenskap er basert på Jerusalems rolle som jødenes religiøse, historiske og politiske hovedstad. Den politiske dimensjonen av "å bygge landet Israel" er en fundamental, men samtidig en skjult komponent av enhver bygning som blir konstruert. Den politiske virkeligheten dette skaper er ofte mer konkluderende og dominerende enn hva den stilmessige, estetiske og sensuelle effekten av hva en bygning kan kommunisere. "Ingen er fullstendig fri fra striden om rom", skriver Edward Said, "og det handler ikke bare om soldater og våpen, men også ideer, former, bilder og forestillinger." 27. juni, to uker etter at Seksdagerskrigen endte i 1967, ble 64 kvadratkilometer land og ca.
    [Show full text]
  • Urgent Action
    Further information on UA: 181/15 Index: MDE 15/2311/2015 Israel/OPT Date: 21 August 2015 URGENT ACTION HUNGER STRIKER OUT OF COMA, STILL IN DANGER Mohammed Allan ended his hunger-strike on 20 August after the Israeli High Court ruled that his administrative detention order be suspended because of his medical condition. Two days earlier, he had come out of a four-day coma. An MRI scan on 19 August revealed extensive brain damage. His life remains in grave danger. Palestinian lawyer Mohammed Allan, on hunger strike since 16 June, fell into a coma on 14 August and is now in intensive care in Israel’s Barzilai Medical Center. He is no longer under guard, or shackled, and his family can visit him. The High Court decision was based on his medical condition alone – a 19 August MRI scan revealed extensive brain damage, caused by vitamin deficiency - and took no account of the legality of his detention. The court ruled that, if there is no improvement to the neurological damage, the detention order will be revoked entirely. If his health improves it can be re-imposed. Before the ruling, the Israeli military had tried to make him abandon his hunger strike, offering him release if he agreed to a period of exile and at another time a release date in November. He maintained that he should be released in September. On 19 August, an Israeli state representative said that if his condition was "irreversible and permanent”, thus rendering him unable “to resume his activities”, the state would lift the detention order immediately.
    [Show full text]
  • Tel Aviv Kent Profili İsrail
    Tel Aviv Kent Profili İsrail • Şubat 2018 Tel Aviv Kent Profili (İsrail) Coğrafya Tel Aviv, İsrail’in ikinci büyük şehri konumundadır. Şehrin de içinde bulunduğu Guş Dan metropoliten alanı ise ülkenin en büyük kentsel yerleşim alanıdır. Şehir aynı zamanda, Silicon Wadi olarak adlandırılan, ülkenin yeni(likçi) kuruluşlar ülkesi (Start-Up Nation) olarak anılmasını sağlayan ileri teknoloji üretimi yapan kurum ve kuruluşların yer aldığı, İsrail’in kıyı ovasındaki en önemli merkez konumundadır. Şehir, Birlemiş Milletler (BM) nezdinde İsrail’in başkenti konumundadır. Bu nedenle, şehir, çok sayıda dış temsilciliğe de ev sahipliği yapmaktadır. Katar Finans Merkezi tarafından yapılan 2017 tarihli bir çalışmaya göre, Tel Aviv, dünyanın önde gelen finans merkezleri sıralamasında 34. olmuş ve küresel şehir olarak kategorilendirilmiştir. Brookings Ensti- tüsü’nün 2014 tarihli bir çalışmasına göre, şehir, Abu Dabi ve Kuveyt’ten sonra, Ortado- ğu’nun en büyük şehir ekonomisine sahiptir. Şehir, 2012 yılı itibariyle, hayat pahalılığı endeksine göre, dünyanın en pahalı 31. şehri konumundadır. Şehir, hey yıl 2,5 milyon yabancı ziyaretçi ağırlamaktadır. Birçok farklı kuruluş tarafından, Ortadoğu’daki parti / eğlence başkenti olarak anılan Tel Aviv, 24 saat yaşayan bir şehir olarak nitelendirilmek- tedir. İsrail’in Akdeniz’e kıyısı olan şehirlerinden biri olan Tel Aviv; Avrupa, Asya ve Afrika kıtala- rının kesişim noktası olan ve sınırları değişken nitelikteki, Bereketli Hilal, Büyük Suriye, Levant gibi farklı isimlerle anılan tarihi-coğrafi-kültürel bölgenin sınırları içinde yer al- maktadır. Tel Aviv, göreceli olarak düşük toprak verimliliğinin olduğu, kumullarla kaplı bir alanda, Yafa şehrinin eski limanının kuzeyinde kurulmuş olan bir şehirdir. Şehrin ve Guş Dan bölgesinin gelişimi sonucu, Tel Aviv ile Yafa şehirleri arasındaki sınır giderek belirsizleşmiştir.
    [Show full text]
  • Dear Students
    Dear Students Shalom and welcome to Israel and to Ben-Gurion University of the Negev. We hope your studies in Israel will be successful, enriching and rewarding. The first few days will be busy with learning your way around campus and the city of Beer-Sheva, starting your Hebrew course (Ulpan), meeting the staff members and more. Most of these matters will be addressed during your orientation sessions on your first weekend in Israel. We will be available personally to assist you in getting started. Upon your arrival, you will be facing a new culture and society, as well as challenged by a new language. This booklet will provide answers for any general and initial issues. For immediate issues which are not covered, please feel free to turn to any of our staff members. We will do our best to address the matter as soon as possible. Any change can be difficult and overwhelming at first. We are here to help you along the way and provide you a great experience! We welcome your questions and suggestions. Sincerely, THE OSP STAFF OSP Staff Head counselor's responsibilities include the following: The OSP Administrative Director is re- Trips (hikes and excursions) sponsible for the development and coordi- nation of the academic program to ensure Advice and assistance in planning your its high quality. The director also takes part own trips in Israel. in assisting students in finding internships Emergencies (especially health prob- and selecting their courses. lems). Holiday activities. Students are welcome to schedule a meet- Coordinating activities with other students ing with the director through the OSP Ad- and programs in Israel.
    [Show full text]
  • Urgent Action
    2nd Update on UA: 226/17 Index: MDE 15/8798/2018 Israel/Occupied Palestinian Territories Date: 24 July 2018 URGENT ACTION NGO WORKER’S ADMINISTRATIVE DETENTION RENEWED On 27 June, an Israel court confirmed, for the second time, the renewal of the administrative detention of NGO worker and lawyer Salah Hammouri for a further three months. He has been held by Israel without charge or trial since 23 August 2017. On 27 June, an Israeli district court in Jerusalem confirmed, for the second time, the administrative detention order issued by Israeli Minister of Defence Avigdor Lieberman against Salah Hammouri for a further three months. Salah Hammouri is a French-Palestinian NGO worker and lawyer. His detention is now expected to end on 30 September. Salah Hammouri, who is currently held in Ketziot prison in southern Israel, had been given a six-month administrative detention order on 17 September 2017, which was renewed again on 5 March for another four months. Salah Hammouri, along with other administrative detainees, is engaged in a collective boycott of Israeli courts, which started on 15 February, to demand an end to the policy of administrative detention, which allows the Israeli authorities to hold detainees indefinitely on secret information without charging or trying them. Israeli forces detained Salah Hammouri during an overnight raid on 23 August 2017 at his home in the occupied East Jerusalem neighbourhood of Kafr Aqab. Salah Hammouri is a resident of East Jerusalem. His legal studies were repeatedly disrupted by the Israeli authorities barring him from entering the West Bank from March 2015 until September 2016, where his university is located.
    [Show full text]
  • MDE 15/10/95 Distr: UA/SC
    EXTERNAL (for general distribution) AI Index: MDE 15/10/95 Distr: UA/SC This is a limited UA. Please organise 20 appeals per section. UA 99/95 Torture / Legal Concern 24 April 1995 ISRAEL AND THE OCCUPIED TERRITORIES Khaled Farraj Khaled Farraj was arrested on 21 March 1995. He has been under interrogation by the General Security Service (GSS) for one month in Ramallah Prison (Sundays to Thursdays) and in the Russian Compound, Jerusalem (Fridays and Saturdays). According to his lawyer he has been hooded, deprived of sleep, except for 3-4 hours of sleep every 4-5 days, tied with hosing to a chair with uneven legs for prolonged periods, and subjected to cold temperatures. He was also allegedly told that he would continue to be interrogated until a confession was obtained. He was also allegedly subjected to other threats. Khaled Farraj, ID No. 988941076, from Jalazone Refugee Camp near Ramallah on the West Bank, apparently told his lawyer that after two weeks of interrogation, he fainted from exhaustion, and a guard poured cold water over his head to wake him. He said he was then taken to the prison clinic, on the orders of a senior officer, where he was examined by a nurse who also poured cold water on his head. Khaled Farraj was detained for 20 days without access to a lawyer after his arrest on 21 March. He saw his lawyer at a bail hearing on 30 March, but was not permitted to speak to him. Prevention orders, which deny access to a lawyer, were issued three times.
    [Show full text]
  • Changes and Improvements to Bus Lines
    From - 21.2.2014 The New Transportation Network in Jerusalem Changes and Improvements to Bus Lines Pamphlet Pisgat Ze’ev | Neve Yaakov | The French Hill | Har Hatzofim Givat Ram | Gonenim | Givat HaMatos | Moshavot | Malcha Givat Mordechai | Bet HaKerem | Kiryat Moshe | Bayit VeGan Ramat Sharet | Givat Shaul Industrial Zone | Talpiot Industrial Zone Public transportation in Jerusalem continues to make progress towards providing faster, more efficient and better service Dear passengers, On 21.2.14 the routes of several lines operating in Jerusalem will be changed as part of the continuous improvement of the city’s public transportation system. Great emphasis was put on improving the service and accessibility to the city’s central employment areas: Talpiot, Givat Shaul, the Technological Garden, Malcha and the Government Complex. From now on there will be more lines that will lead you more frequently and comfortably to and from work. The planning of the new lines is a result of cooperation between the Ministry of Transport, the Jerusalem Municipality and public representatives, through the Jerusalem Transport Master Plan team (JTMT). This pamphlet provides, for your convenience, all the information concerning the lines included in this phase: before you is a layout of the new and improved lines, station locations and line changes on the way to your destination. We wish to thank the public representatives who assisted in the planning of the new routes, and to you, the passengers, for your patience and cooperation during the implementation
    [Show full text]
  • FROM VISION to REALITY Celebrating 50 Years of Excellence in Torah and Technology JCT Perspective
    FROM VISION TO REALITY Celebrating 50 Years of Excellence in Torah and Technology JCT Perspective Rosh Hashanah 5780 September 2019 Vol. 23 COMMENTARY Jerusalem College JCT’s future and Jerusalem’s future: an of Technology – inextricable connection Lev Academic Center As I reflect on the significance of JCT’s 50th anniversary, I’m reminded of a different milestone President that occurred two years ago: the 50th anniversary Prof. Chaim Sukenik of a reunified Jerusalem. Rabbinic Head th Rav Yosef Zvi Rimon Just like Jerusalem’s 50 , JCT’s 50th serves not only Rector as a time to celebrate, but as an unmistakable call Prof. Kenneth Hochberg to action. It is time to create a more equitable socioeconomic reality for all Director General residents of Israel’s eternal capital. Yosef Zeira Jerusalem has long been the poorest of Israel’s major cities — largely Vice President Stuart Hershkowitz because it has the country’s highest concentration of Arabs and Haredim, communities with disproportionately high poverty rates. Editor Rosalind Elbaum As Jerusalem is the center of the Jewish world, it is incumbent upon the Copy Editor Jewish people to help ensure a brighter future for vulnerable populations J Cubed Communications in this city. That imperative is at the heart of JCT’s institutional mission. Content Editor Debbie Ross Alongside 52 years of a reunified Jerusalem, JCT’s 50 years are defined by Staff our inspiring work to endow Israel’s underserved populations with the Ronit Kullok gifts of academia and employment. Indeed, from the Haredi community Tzipporah Eisen to Ethiopian-Israelis, JCT has pioneered academic solutions to acute Photography employment conundrums.
    [Show full text]
  • Israeli Government Contact Information.Rtf
    Israeli government and embassy contact information Prime Minister's Office Prime Minister Binyamin Netanyahu Address: Prime Minister's Office 3 Kaplan St. P.O.B. 187 Kiryat Ben-Gurion Jerusalem 91919 Israel Email: [email protected], [email protected] Tel: +972-2-6705555 Fax: +972-2-5664838 Ministry of the Interior Interior Minister Eli Yishai Address: Ministry of the Interior 2 Kaplan St. P.O.B. 6158 Kiryat Ben-Gurion Jerusalem 91061 Israel Email: [email protected], [email protected] Tel: +972-2-6701411 Fax: +972-2-6701628 Ministry of Defense Minister of Defense Ehud Barak Address: Kaplan St. Hakirya Tel Aviv 61909 Israel Email: [email protected], [email protected] Tel: +972-3-5692010 Fax: +972-3-6916940 Ministry of Construction and Housing Minister of Construction and Housing Ariel Atias Address: Kiryat Hamemshala P.O.B. 18110 Jerusalem 91180 Israel Email: [email protected] Tel: +972-2-5847211 Fax: +972-2-5811904 Municipality of Jerusalem Mayor Nir Barkat Address: 1 Safra Square Jerusalem 91007 Israel Email: [email protected] Tel: +972-2-629-7720 Fax: +972-2-629-6014 Foreign Embassies Angola Ambaixador Sagi KARNI Endereço: Rua Rainha Ginga 34 Edificio Siccal/11o andar Luanda Angola Tel.: 02-395295, 02-397331 Fax: 02-396366 Email: [email protected] Argentina Embajador Daniel Gazit Dirección: Av. de Mayo 701, piso 10 (1084) Buenos Aires Argentina Tel: (54-11) 4338-2500 Fax: (54-11) 4338-2624 Correo electrónico: [email protected] Australia (also responsible for Fiji, New Zealand, and Papau/New Guinea) Ambassador Yuval Rotem Address: 6 Turrana St Yarralumla ACT 2600 Australia Tel: Ambassador: +61 2 6215 4511 Deputy Chief of Mission: +61 2 6215 4507 Fax: +61 02 6215 4555 Email: [email protected] Austria S.E.
    [Show full text]
  • On July 1St the Public Transportation System in Tel Aviv Will Change Dramatically
    Dear public transport users in Southeast Tel Aviv, On July 1st the public transportation system in Tel Aviv will change dramatically. The official booklet explaining the transport reform may be nice and detailed, but it doesn't really explain how to get from point A to point B. TRANSPORT OUR WAY This is what we're here for. Israeli public transport consumer organization General information: 1. System-wide change in ticket prices: a single ticket (₪6.40) will allow unlimited transfers within 90 minutes in Tel Aviv and neighboring towns, on all bus companies (Dan, Egged, Kavim, Metropolin). 2. The changes that will take place July 1st , apply only to bus routes in Tel Aviv, Ramat Gan, Beni Brak, Bat Yam, Holon and Givatayim. Buses to Petah-Tikva, Rishon le-Tziyon, Rosh Ha’ayin, Hertzliyah and other cities, remain unchanged. Summary of changes in southeast Tel Aviv (neighborhoods of Yad Eliyahu, Hatikva, Kfar Shalem) The #16 bus will be replaced by the #204, which will continue to Ben Yehuda St. and the Reading Terminal. The #15 bus will be replaced by (a new) #16 bus. The new line will run along the same route as the #15 but the point of departure will now be the Carmelit Terminal. Also, the line will now pass through the Neve Tzahal neighborhood. The #9 bus will travel all the way along Moshe Dayan St., and make stops at Hashalom (Azrieli) Railway Station, Kaplan St. and Ben Gurion Blvd. The #239 bus will depart from Hatayasim Terminal and travel along the old #9 route to Yitzhak Sadeh and Carlibach Sts.
    [Show full text]
  • On July 1St the Public Transportation System in Tel Aviv Will Change Dramatically
    Dear public transport users in Northeast Tel Aviv including Kiryat Atidim and Ramat HaHayal commuters, On July 1st the public transportation system in Tel Aviv will change dramatically. The official booklet explaining the transport reform may be nice and detailed, but it doesn't really explain how to get from TRANSPORT OUR WAY point A to point B. Israeli public transport This is what we're here for. consumer organization General information: 1. System-wide change in ticket prices: a single ticket (₪6.40) will allow unlimited transfers within 90 minutes in Tel Aviv and neighboring towns, on all bus companies (Dan, Egged, Kavim, Metropolin) 2. The changes that will take place July 1st , apply only to bus routes in Tel Aviv, Ramat Gan, Beni Brak, Bat Yam, Holon and Givatayim. Buses to Petah-Tikva, Rishon le-Tziyon, Rosh Ha’ayin, Hertzliyah and other cities, remain unchanged. Summary of changes in northeast Tel Aviv (neighborhoods of Ramat Ha-hayal, Neve Dan, Tzahala, Ne’ot Afeka, Hadar Yosef, Neve Sharet, Atidim) The #20, #21, #28, #210 and #211 buses will be cancelled. Replacing them are the #89, #189 and #289 bus lines, which will operate at much higher frequencies, but will mostly travel along main arteries and will not enter the residential areas: o The #89 will depart Atidim Terminal and travel along Dvorah Ha-nevia, Shlonsky, Bnei Efraim and Rokach Blvd. o The #189 will depart Atidim Terminal and travel along Raul Wallenberg, Bechor Shitrit and Rokach Blvd. o The #289 will depart Atidim Terminal and travel along Dvorah Ha-nevia, Mishmar Hayarden, Bechor Shitrit and Rokach Blvd.
    [Show full text]
  • Your Rights at the National Insurance Institute - 2019
    The National Insurance Institute Your rights at the National Insurance Institute - 2019 The National Insurance Institute is at your side in life’s important moments *6050●www.btl.gov.il The National Insurance Institute At your service The National Insurance Institute daily justifies the ethical and humanitarian basis that stood on the agenda on the eve of the decision to establish it. Throughout our continuous operation, residents of the State have received a very broad range of social services and rights, intended to provide a respectable life to them as far as possible. The continuous increase in life expectancy challenges the National Insurance Institute, which is obliged to meet changes as they occur, which directly impact behavior patterns and the needs of citizens. The commitment to ensure a respectable living to all residents is the call of the hour, and the importance of the National Insurance Institute becomes all the more important as it has no replacement. The National Insurance Institute’s employees and management work night and day to reevaluate the degree of fitness of the services we provide, the scope of rights granted the public, and the steps needed to ensure that at the time of need the social insurance of residents will remain intact and in place. In this spirit, employees of the National Insurance Institute are aware of the burden on their shoulders, work as ethical emissaries to provide the most effective, generous, considerate, and respectful service to all residents of Israel. The National Insurance Institute’s management and its employees continuously develop online technological systems that enable a visibly broader range of services to be requested and received by all.
    [Show full text]