Under the new regulations approved, citizens will be able to set up a company online in an accessible and fast procedure without the need for a lawyer • The purpose of the amendments is to increase transparency and reduce costs
It is now possible to set up a company without an attorney
Photography:
Jonathan Samia, Spokeswoman for the Knesset - Archive
The Constitution Committee, chaired by MK Yaakov Asher of Torah Judaism, approved the membership regulations today (Tuesday). The approval means that from now on, citizens will be able to establish a company without the need for a lawyer in an accessible and quick procedure.
The purpose of the approved amendments is to increase transparency, reduce onerous regulation, time and costs and adapt the regulations to recent amendments in legislation, including following the transition to online registration and reporting, and adjusting forms in online registration and reporting of companies. in English.
The date of commencement of regulations is within 90 days from the date of their publication to allow for computerized preparation, updating of forms and updating of the public.
In April of this year, it was reported in "Israel Today" that the then Minister of Justice, Amir Ohana, distributed a foreign memorandum stating that Israeli citizens could establish a company online without the need for the assistance of a lawyer.
The mechanism will allow immediate and free use for all citizens of the government website "Available Government".
Ohana said at the time that "my policy from the first day in office was to reduce regulation and bureaucracy, and to promote digitization measures - this in order to promote economic growth, improve labor productivity and accordingly the quality of life of the state's citizens. An important message for entrepreneurs, and the founders of companies in the economy, especially at the beginning of their careers.
This is true in the days when they were corrected - but they are twice as true in the days of the fight against the spread of the virus.
"I would like to thank the head of the Corporations Authority, the Planning and Strategy Department of the Ministry of Justice and the Consulting and Legislation (Economic Law), who have accompanied the process since its inception. This amendment will allow us to move towards the main goal In cooperation with Digital Israel and the Tax Authority, which will save a lot of time and financial resources for those seeking to establish a company. "