Procedures Regarding the Electricity Connection<\/h3>\n

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• Apply for electricity connection to the Israel Electric Corporation. The application should contain the building permit, information stating the required power voltage, the building specifications, and the date when the company needs the electricity. Afterward, the Israel Electric Corporation will specify the initial costs and require 10% of the payment in advance. This process is otherwise free of charge and takes about 11 days.<\/li>\n
• Complete technical coordination process. During the 33 days the agreement between the customer and IEC starts to work. Consequently, by the end of the technical coordination process the IEC sends to the customer the bill for the rest of the payment (70%).<\/li>\n
• Await completion of external works by IEC. To start the external works the customer pays the required 70%. The completion takes 60 days and costs NIS 19,902.95. The inspection of the internal wiring and installation the meter takes a day.<\/li>\n<\/ul>\n

  Contact Us<\/h3>\n

  We hope that this information has answered the question – Is it Easy to Start a Business in Israel? If you have any need for legal assistance in Israel or if you have any questions, do not hesitate to contact us.<\/p>\n

  [author_and_contact_info]<\/p>\n

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

  Is it Easy to Start a Business in Israel? Israel is a small country but one with a strong and stable economy. Starting a business in Israel, even as a foreign national, is easy in comparison to more than 190 other countries in the world, according to the Doing Business report of 2020 – Economy…<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[161,1,150],"tags":[],"class_list":["post-33886","post","type-post","status-publish","format-standard","hentry","category-corporate-and-commercial-law-en","category-general-information-en","category-real-estate-property-law-en"],"acf":[],"yoast_head":"\n