Israel Collection Profile

israel-bnr

 

Collecting in Israel

  • Payments in Israel are normally transpire within 60 to 90 days between domestic companies, though these numbers are much lower when dealing with foreign companies.

  • A recent reform in Israeli courts allows for speedy proceedings and execution activities for lawsuits up to NIS 75,000 (EUR 18,000).Despite this, significant delays, costs and difficulties must be expected when taking legal action, especially in cross-border disputes.

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

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    israel

    Israel

    Collection complexity

    very-high-2


    Collection relating to

    Payments
    $-2
    Court
    proceedings
    Gav-2
    Insolvency
    proceedings
    Arrow-4
     

    Publications about Israel

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