Israel Collection Profile

israel-bnr

 

Collecting in Israel

  • Payments in Israel are normally 60 to 90 days between domestic companies, but much less with foreign companies.

  • A recent reform in Israeli courts allows quick proceedings for lawsuits up to NIS 75K (€18K) and fast execution activities for cases up to NIS 50K (€12.5K). Despite this, significant delays, costs and difficulties must be expected when taking legal action and especially in cross-border disputes.

  • Various insolvency proceedings are available but in practice the chances of collecting debt when the debtor has become insolvent remain poor.

Download the PDF on the right hand menu to read the full profile.


























    israel

    Israel

    Collection complexity

    very-high-2


    Collection relating to

    Payments
    $-4
    Court
    proceedings
    Gav-3
    Insolvency
    proceedings
    Arrow-3
     

    Publications about Israel

    › All publications about Israel