Average education on workers and opening business time in Tel aviv - Essay Example

Topic: AVERAGE EDUCATION ON WORKERS AND OPENING BUSINESS TIME IN TEL AVIV When starting business in Tel Aviv (in Israel ) one should take into consideration certain guides namely; forms of business to start, taxation, social security contributions and Enterprise incentives .The various forms of business that one can start in Tel Aviv include; a company, partnership, corporative, nonprofit entities, foreign company and sole proprietorship. In addition, the following documents are required when starting a company in Tel Aviv namely; article and memorandum of association.

Additionally, form one (1) should be dully filled and registration fee paid to registering a companies. Investors should also register their companies with tax authority where all the necessary details of the company should be provided by filling form number 4436. A corporate tax should be paid to the Israel tax authority. Moreover, investors should also be aware of the social security contribution for their employees. The law requires employers to withhold some part of their employee’s income and submit it to the National Insurance Institute for purpose of providing employees with a medical cover.

Finally, investors should be aware of the two types of incentives provided by the Israel government to encourage investors namely; declining corporate tax and investment incentives (Ministry of Economy State In Israel, pp.1-3)Average education on workers The average education on workers is 83 percent among men and women between the age of 25 and 64 years who have attained an equivalent of high school degree. Research indicates that having a good education is an important factor of getting a good job in Israel.

Research further indicates that the quality of education score stood at an average of four hundred and ninety seven whereby average boys perform less than girls by eleven points (Publishing and OECD, p.116).Works CitedMinistry of Economy State In Israel. Starting a Business in Isreal.21.08.2011.web.17.6.2014 .