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Business Climatepic
Exceptional Workforcepic
Incentives and Benefitspic
Information for Investorspic
Starting a Business in Israel
Representative Business Costs
Salaries in the High Technology and Biotechnology Sectors
Comparative Salaries in the R&D Sector
Employee Social Benefits
Taxation
Visas and Work Permits for Executives
Living in Israel
Business Sectorspic
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About Uspic

NEWS
NETANYAHU UNVEILS ECONOMIC RESCUE PLAN
Plans to curb unemployment and lessen impact of credit crunch
05/2009
RED HERRING TOP 100 INCLUDES 16 ISRAELI START UPS

05/2009
COLUMBIA UNIVERSITY AND VITAL VIEW LTD. TO IMPROVE IN VITRO FERTILIZATION

05/2009
SURGICAL MATERIAL DEVELOPED AT HEBREW UNIVERSITY GETS FDA APPROVAL

05/2009
BAYER CROPSCIENCE TO UTILIZE EVOGENE'S GENES TO DEVELOP HIGHER YIELDING RICE

05/2009
13 ISRAELI FIRMS AMONG FORBES' GLOBAL PUBLIC TOP 2000
Israel's presence grows from 10 companies last year
05/2009
INTEL CORP. JOINS CHIEF SCIENTIST COLLABORATION PROGRAM
"We'd be happy if all [2,000 Israeli companies listed as vendors of software solutions in Intel's database] joined the program." - Intel Developer Relations Division General Manager Christos Georgiopoulos.
05/2009
ISRAEL PROMOTES ALL-INCLUSIVE FILM PACKAGE WITH NEW 20% TAX INCENTIVE

05/2009
NEW INCENTIVE LAUNCHED: GRANTS COVERING UP TO 50% OF LABOR COSTS TO R&D CENTERS ESTABLISHED IN THE NEGEV AND GALILEE

05/2009
ISRAEL’S FOOD PRODUCER OSEM TO BUY FOODTECH FOR $20 MILLION

12/2008
TOWER SEMICONDUCTOR MERGES WITH JAZZ SEMICONDUTOR

09/2008
ISCAR MAKES HEADLINES AGAIN: ACQUIRES LARGE JAPANESE CORPORATION FOR $1 BILLION

09/2008
BANK OF ISRAEL GOVERNOR FISCHER VOICES CONFIDENCE IN ISRAEL'S ECONOMIC SITUATION
Israel's economy expands 5.3% in the first half of 2008, following four consecutive years of annualized growth of 5%
09/2008
HERLEY INDUSTRIES ACQUIRES EYAL MICROWAVE
Together, they form the largest independent microwave company outside US
09/2008
NY MUTUALART.COM OPENS R&D CENTER IN ISRAEL
MutualArt.com Passes Member Milestone and Opens New R&D Center
09/2008
MONSANTO PURCHASES $18 MILLION STAKE IN EVOGENE
“We have been very impressed with Evogene’s discovery capabilities, particularly their computer-based, predictive biology efforts.” – Dr. Robb Fraley, Monsanto’s CTO
09/2008
IDE TECHNOLOGIES TO SUPPLY €100 MILLION DESALINATION PLANT TO AUSTRALIA

08/2008
ISRAEL'S OSEM TO BUY TRIBE MEDITERRANEAN FOR $57 MILLION

08/2008
ISRAEL’S SECOND QUARTER GDP RISES BY 4.2% IN ANNUAL TERMS

08/2008
FROST & SULLIVAN HONORS TRANSPHARMA MEDICAL FOR ITS INNOVATIVE VIADERM DRUG DELIVERY SYSTEM

08/2008
GERMAN SEMICONDUCTOR SUPPLIER CARL ZEISS SMT ACQUIRES ISRAEL'S PIXER TECHNOLOGY
"We are delighted at this reinforcement of our company by Pixer Technology," Carl Zeiss, SMT CEO Hermann Gerlinger
08/2008
EVENTS
REPRESENTATIVE BUSINESS COSTS

Below please find information on the costs of operating industry in Israel. In this survey we have included 4 cities that represent different areas in Israel.

The cities are: Petach-Tikva in the center of the country (and adjacent to Tel-Aviv), Jerusalem, Carmiel – in the north and Beer-Sheba in the south.

 

We have assumed certain assumptions as to the usage by the company of certain resources (electricity, water & sewage and communications).

 

The figures below should be seen as indicative ones only. Every new investor should of course make his own calculations.

 

 

Petach Tikva                                                

 

Monthly payment in NIS for 100 sq. meter

 

Biopharma

Industry

Traditional Industry

 

1,087.40

1,087.40

Municipal Tax

Industry

 

 

3,500

 

 

3,000

Rent

Traditional: 20-40 NIS per sq. m., an average of 30 per sq. m.

 

Biopharma: 30-50 NIS per sq. m., an average of 35 NIS per sq. m.

 

1,300

 

1,400

Management Fees (1)

8-20 NIS per sq. m.             

Average:14 NIS per sq. m.

 

 

 

 

 

 

 

 

 

816.70

1,352.60

1,084.70

 

 

 

 

 

 

 

 

 

1,084.70

2,692.40

1,888.50

Electricity (1)

Traditional:

20 -50 kWh per sq.m.per month

 

Biopharma:

15 -25 kWh per sq.m. per month

53.59 NIS per kWh

 

Fixed monthly cost: 12.89 NIS

Minimum ( 15/20 kWh per month)

Maximum ( 25/50 kWh per month)

Average

 

 

 

309

 

 

 

515

Water & Sewage (1)

Price of  cubic meter of water- 5.818 NIS

Petach Tikva Sewage Fee: 4-5  NIS

Traditional:0.2-0.5 cubic meters per sq.m

Biopharma:0.1-0.3 cubic meters per sq.m

1,700.00

 

 

750.00

1,400.00

 

 

700.00

Communications (1)            

Traditional: 7-14 NIS per sq. m

Biopharma: 9-17 NIS per sq. m.

Without computers about,

3-7 NIS per sq. m.

8,981

9,291

Average monthly cost

(with computer service)

8,031

8,591

Average monthly cost

(without computer service)

         

 

(1) As the total area increases the fee drops proportionately

 

 

Beer Sheba

 

Monthly payment in NIS for 100 sq. meter

 

Biopharma

Industry

Traditional Industry

 

 

1003.75

600.42

524.08

 

1003.75

600.42

524.08

Municipal Tax (Industry)

Area A, old city and surroundings

Area B, industrial areas and Emek Sarah

Area A, old city and surroundings

 

 

2,800.00

 

 

2,500.00

Rent

Traditional: 20-30 NIS per sq. m. an average of 25 NIS per sq. m.

Biopharma: 18-40 NIS per sq. m. , an average of 28 NIS per sq. m.

 

 

 

600.00

 

 

 

600.00

Management Fees (1)

Traditional:

            6 NIS per sq. m.

 Biopharma :

            8 NIS per sq. m.

 

 

 

 

 

 

 

816.70

1,352.60

1,084.70

 

 

 

 

 

 

 

1,084.70

2,692.40

1,888.50

Electricity (1)

Traditional:

20 -50 kWh per sq. m. per month

Biopharma:

15 -25 kWh per sq. m. per month

53.59 NIS per kWh

Fixed monthly cost: 12.89 NIS

Minimum ( 15/20 kWh per month)

Maximum ( 25/50 kWh per month)

Average                                          

 

 

 

 

261.60

 

 

 

 

436.00

Water & Sewage (1)

Price of  cubic meter of water-

5.818 NIS

Beer Sheba  Sewage Fee:

2- 3.5 NIS per cubic meter

Traditional:

0.2-0.5 cubic meters per sq.m

Biopharma:

0.1-0.3 cubic meters per sq. m.

 

1,700.00

 

750.00

 

1,400.00

 

700.00

Communications (1)

Traditional: 7-14 NIS per sq. m

Biopharma: 9-17 NIS per sq. m.

Without computers about,

3-7 NIS per sq. m.

7,247.00

7,425.00

Average monthly cost

(with computer service)

6,297.00

6,725.00

Average monthly cost

(without computer service)

         

 

 

(1) As the total area increases the fee drops proportionately

 

 

Carmiel

 

Monthly payment in NIS for 100 sq. meter

 

Biopharma

Industry

Traditional Industry

 

 

415.90

 

415.90

Municipal Tax

Industry

 

 

2,000.00

 

 

2,800.00

Rent

Traditional: average of 20 NIS per sq. m.

Biopharma: 20-36 NIS per sq. m. Average =28 NIS per sq. m.

 

700.00

 

800.00

Management Fees (1)

Traditional – 7 NIS per sq. m.

Biopharma: 8NIS per sq. m.

 

 

 

 

 

 

 

1,084.70

2,692.40

1,888.50

 

 

 

 

 

 

 

816.70

1,352.60

1,084.70

Electricity (1)

Traditional:

20 -50 kWh per sq. m. per month

Biopharma:

15 -25 kWh per sq. m. per month

53.59 NIS per kWh

Fixed monthly cost: 12.89 NIS

Minimum ( 15/20 kWh per month)

Maximum ( 25/50 kWh per month)

Average                                           

 

 

 

 

 

 

 

 

 

442.90

 

 

 

 

 

 

 

 

265.74

Water & Sewage (1)

Price of  cubic meter of water-

 5.818 NIS

Carmiel Sewage Fee: 3.04 NIS per cubic meter

(including waste water purification of 2.1 NIS per cubic meter)

Traditional:

0.2-0.5 cubic meters per sq.m

Biopharma:

0.1-0.3 cubic meters per sq. m.

 

1,400.00

 

700.00

 

1,700.00

 

750.00

Communications (1)

Traditional: 7-14 NIS per sq. m

Biopharma: 9-17 NIS per sq. m.

Without computers about,:

 Traditional: 3-7 NIS per sq. m.

Biopharma: 3.5 – 7.5 NIS per sq. m.

7,066.00

6,847.00

Average monthly cost

(with computer service)

6,116.00

6,147.00

Average monthly cost

(without computer service)

         

 

 

(1) As the total area increases the fee drops proportionately

 

 

Jerusalem

 

Monthly payment in NIS for 100 sq. meter

 

Biopharma

Industry

Traditional Industry

 

 

925.90

687.10

557.70

 

925.90

687.10

557.70

Municipal Tax

Area A (e.g. Malcha Technology Park)                                        

Area B(e.g. Har Hotzvim Industry  Park)

Area C (other)

 

 

3,000.00

 

 

5,300.00

Rent

Traditional ( 10-50 NIS per sq. m. Average=30)

Biopharma 40-80NIS per sq. m.  Average=53

 

 

800.00

 

 

1,100.00

Management Fees (1) 

Traditional 5-10 NIS per sq. m.

                     Average = 8

Biopharma 7-13 NIS per sq. m.

                     Average = 11

 

 

 

 

 

 

 

816.70

1,352.60

1,084.70

 

 

 

 

 

 

 

1,084.70

2,692.40

1,888.50

Electricity (1)

Traditional:

20 -50 kWh per sq. m. per month

Biopharma:

15 -25 kWh per sq. m. per month

53.59 NIS per kWh

Fixed monthly cost: 12.89 NIS

Minimum(15/20 kWh per month)

Maximum ( 25/50 kWh per month)

Average                                       

 

 

 

 

 

 

288.84

 

 

 

 

 

 

481.40

Water & Sewage(1)

Price of  cubic meter of water-

 5.818 NIS

Jerusalem Sewage Fee:

 3.04 NIS  per cubic meter

Traditional:

0.2-0.5 cubic meters per sq.m

Biopharma:

0.1-0.3 cubic meters per sq. m.

 

 

1,700.00

 

750.00

 

1,400.00

 

700.00

Communications(1)

Traditional: 7-14 NIS per sq. m

Biopharma: 9-17 NIS per sq. m.

Without computers about:

Traditional: 3-7 NIS per sq. m.

Biopharma: 3.5 – 7.5NIS per sq. m.

 

10,280.00

8,192.00

Average monthly cost

(with computer service)

9,330.00

7,492.00

Average monthly cost

(without computer service)

         

 

 

(1) As the total area increases the fee drops proportionately

 


Last modified: 1/27/2009 pic