High-Tech and Biotech companies located in Jerusalem are entitled to a reduced corporate tax at the rate of 7.5%, whereas in most areas of Israel the rate is set at 12%.
Who is eligible?
- Companies located in Jerusalem that operate under the provisions of the Encouragement of Capital Investments qualify
What are the relevant criteria to receive this benefit?
Companies must be recognized as Industrial and Competitive Enterprises. A Competitive Enterprise must export at least 25% of its revenues.
Contact Liron Dover at lirond@jda.gov.il if you have questions or when you are ready to apply.
