Main Achievements in Improving the Business Environment

  • Government decisions to reinforce Israeli industry’s competitiveness
  • Allocating thousands of Palestinian workers for industry
  • Hundreds of millions of shekels added to the budget for boosting capital investments, R&D, and developing jobs in industry.
  • Extension of the exemption from repaying research and development royalties in advanced production industry (traditional industries)
  • Tens of millions of shekels added to the budget for technology training programs, including on occupational training 
  • Lobbying for a credit law that will require government offices to pay companies within 30-45 days
  • Hundreds of millions of shekels for grants and loans to encourage improved energy efficiency
  • Cancelation of the requirement to issue quarterly reports; easing of other regulations for small and medium-sized public companies
  • Easing of regulations for the business sector regarding business restrictions, including the issue of exorbitant pricing
  • The Ministry of Justice decision to impose a fee on plaintiffs in class actions
  • Ministerial committee approval for a bill to increase building rights at the level of local planning committees
  • Reduction in the preferential company tax for industry: 7.5% in outlying regions, 12% on income from intellectual property, and 16% for production in the Central Region
  • Developing a dedicated track for investment grants to non-export industry
  • New state-guaranteed 12-year loan fund for small and medium-sized factories, for the purpose of updating equipment and increasing productivity
  • Preference for offset agreements from small and medium-sized factories, for the purpose of creating preference multiples
  • Significant reduction in regulatory requirements vis-à-vis factories seeking to connect to natural gas
  • Increase in grants of between 50%-180% for connecting to natural gas
  • Adapting the new standards reform to the needs of industry – adopting differentiated standards, representation on standards committees, etc.
  • Prevention of significant cost increases due to private labor legislation
  • Prevention of the planned port strike in September 2016
  • Advising the finance committee in reducing arrears interest for the water corporations by 50%
  • Extending the target date for accessibility on websites and adapting accessibility regulation to the needs of the business sector