{"id":3193,"date":"2020-04-07T10:58:01","date_gmt":"2020-04-07T08:58:01","guid":{"rendered":"https:\/\/aurenweb-stg.servidortemporal.net\/lu\/global-blog\/israel-emergency-economic-measures-to-support-the-economy-under-the-coronavirus-threats\/"},"modified":"2025-01-14T11:26:12","modified_gmt":"2025-01-14T10:26:12","slug":"israel-emergency-economic-measures-to-support-the-economy-under-the-coronavirus-threats","status":"publish","type":"global-blog","link":"https:\/\/aurenweb-stg.servidortemporal.net\/lu\/global-blog\/israel-emergency-economic-measures-to-support-the-economy-under-the-coronavirus-threats\/","title":{"rendered":"\u201cIsrael emergency economic measures” to support the economy under the Coronavirus threats"},"content":{"rendered":"

Following the development of the “Corona crisis” in the health and economic spheres, this information can change every week, so you may want to keep up to date daily.<\/em><\/em><\/p>\n

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  1. State guarantee loans<\/strong>:\n
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    1. Following the outbreak of the Coronavirus, a dedicated working capital financing scheme established under the State Guarantee Fund for small and medium businesses.<\/li>\n<\/ol>\n
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      1. The program is designated for businesses that have Cash Flow difficulties (suppliers, employees, inventory, etc.) and which have turnover of up to NIS 100 million.<\/li>\n<\/ol>\n
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        1. The loan amount you can get up to NIS 500,000 for businesses with an annual turnover of up to NIS 6.25 million. Or up to 8% of turnover for businesses with an annual turnover of NIS 6.25-100 million.<\/li>\n<\/ol>\n<\/li>\n<\/ol>\n
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          • Grants from the Innovation Authority<\/strong> to support projects and activities that help deal with the crisis; three programs launched to support research and development programs to help prevent, treat, and address the challenges of the Coronavirus.\n
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            • Funding for early-stage R&D programs that can help address the challenges of the Coronavirus.<\/li>\n<\/ul>\n
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              • Funding for the development and execution of projects that can help address the challenges of the Coronavirus.<\/li>\n<\/ul>\n
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                • Funding for R&D and Pilot Programs of Industrial Companies for Prevention, Treatment, and Coping with COVID19 Virus (“Corona”).<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n
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                  • Grant to self-employed and small businesses<\/strong>:\n
                      \n
                    • The Ministry of Finance and the Ministry of Economy grant grants to “self-employed” and small businesses that meet the criteria.<\/li>\n<\/ul>\n
                        \n
                      • The Tax Authority is expected to set up a digital system that will allow any self-employed person to fill in their personal area information on the website, check their eligibility, and apply for the grant.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n
                          \n
                        • The tax authorities<\/strong> postpone payment, deadlines, and filing of reports:\n
                            \n
                          • The 2019 annual report deadlines, two months extension.<\/li>\n<\/ul>\n
                              \n
                            • The late 2018 annual reports deadlines extension.<\/li>\n<\/ul>\n
                                \n
                              • “Withholding-tax” certificates validity extension.<\/li>\n<\/ul>\n
                                  \n
                                • Postpone the reporting date of businesses to the VAT authorities of the monthly and bi-monthly payment of VAT.<\/li>\n<\/ul>\n
                                    \n
                                  • “Tax-adjusted approvals” certificate validity extension.<\/li>\n<\/ul>\n
                                      \n
                                    • Extending deadlines for Annual deduction statements from wages (Form 126) and non-wages (Form 856) such as suppliers.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n
                                        \n
                                      • The Registrar of Companies<\/strong> postpone deadlines of filing reports:\n
                                          \n
                                        • Extending the deadline for submission of annual reporting date to the Registrar of Companies of Nonprofit and Public Benefit Companies.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n
                                            \n
                                          • The Social Security<\/strong> Institute <\/strong>has published guidelines for unemployment benefits for employees who forced to take a leave of absence following the Corona crisis.<\/li>\n<\/ul>\n

                                            Mr. Ofir Angel, Auren Israel Chairman\u00a0\u00a0\u00a0<\/p>\n

                                            <\/p>\n","protected":false},"excerpt":{"rendered":"

                                            Following the development of the “Corona crisis” in the health and economic spheres, this information can change every week, so you may want to keep up to date daily.<\/p>\n","protected":false},"featured_media":3195,"template":"","meta":{"_acf_changed":false},"global-blog-category":[],"class_list":["post-3193","global-blog","type-global-blog","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/aurenweb-stg.servidortemporal.net\/lu\/wp-json\/wp\/v2\/global-blog\/3193","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aurenweb-stg.servidortemporal.net\/lu\/wp-json\/wp\/v2\/global-blog"}],"about":[{"href":"https:\/\/aurenweb-stg.servidortemporal.net\/lu\/wp-json\/wp\/v2\/types\/global-blog"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aurenweb-stg.servidortemporal.net\/lu\/wp-json\/wp\/v2\/media\/3195"}],"wp:attachment":[{"href":"https:\/\/aurenweb-stg.servidortemporal.net\/lu\/wp-json\/wp\/v2\/media?parent=3193"}],"wp:term":[{"taxonomy":"global-blog-category","embeddable":true,"href":"https:\/\/aurenweb-stg.servidortemporal.net\/lu\/wp-json\/wp\/v2\/global-blog-category?post=3193"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}