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Register a company (chevra be-am) in Israel as an oleh

Registrar of Companies

The short answer

Applies to self-employed olim. Incorporation itself is quick and cheap. The real bottleneck is the corporate bank account, which Israeli banks scrutinise hard for a company without a local director. We track no fixed deadline for this step: do it once what it depends on is done.

Checked on 2026-07-21 against the sources below. Confirm with Registrar of Companies before you rely on it.

Checked Confidence: medium, confirm before acting

Deadline

We track no fixed deadline for this step: do it once what it depends on is done.

Steps

  1. 1

    Finish what this depends on

    Complete first: Get your Teudat Zehut (biometric ID card).

  2. 2

    Apply

    Handled by Registrar of Companies. It can be done online.

  3. 3

    Know the key figure

    Incorporation cost: 2,412 NIS.

    Government incorporation fee only. No minimum share capital is required (1 NIS is legally sufficient), but standalone legal fees run roughly 5,000 to 20,000+ NIS, and a realistic all-in setup with professional help can run around $8,000.

  4. 4

    Avoid a known trap

    There is no statutory requirement for a local director, but adding one materially improves your odds at the bank. Decide this before you file the incorporation paperwork, not after the bank says no.

    Why: Israeli banks apply heavy KYC scrutiny to companies without a local Israeli director, and opening the corporate account is consistently the hardest part of the whole process for a foreign or oleh-owned company.

Costs and figures

Incorporation cost

2,412 NIS

Government incorporation fee only. No minimum share capital is required (1 NIS is legally sufficient), but standalone legal fees run roughly 5,000 to 20,000+ NIS, and a realistic all-in setup with professional help can run around $8,000.

Checked Confidence: medium, confirm before acting

Realistic time

Registration time

Online registration itself takes 3 to 7 business days once documents are clean. Opening the corporate bank account afterwards routinely takes far longer than the incorporation.

Checked Confidence: medium, confirm before acting

What it depends on, and what it unlocks

Do these first

This unlocks

No other step waits on this one.

Sources

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