The Israeli Corporations Authority in the Ministry of Justice recently announced a significant expansion of its company extract service. This development marks an important change in the corporate landscape, substantially improving access to and transparency of comprehensive and material information regarding companies registered in Israel. The expanded extract integrates data from various governmental and public authorities, at no additional cost.
Until now, the standard company extract included only essential information—a company’s incorporation details and objectives, share capital structure, shareholders, directors and officers, registered liens, etc. The expanded extract adds additional layers of information, offering a broader view of a company’s commercial, proprietary, and public aspects, thereby enabling a more accurate picture of the company and its operations.
What’s New?
In addition to the information already included in the standard extract, the expanded extract will now also provide:
- Intellectual property – details of patents, trademarks, and designs the company owns.
- Banking restrictions – information from the Bank of Israel about restrictions on the company’s bank accounts.
- Grants – information from the Israel Innovation Authority on grants awarded to the company.
- Licenses and permits – information from the Regulation and Enforcement Administration in the Ministry of Labor about service contractor licenses (guarding, security, and cleaning services) and permits for operating tower cranes.
Why It Matters?
The expanded extract enables any party engaging with a company, or considering doing so—including business partners, investors, and creditors—to obtain a broader and more reliable picture of the company’s standing, without having to approach each authority separately.
How to Order?
You may order an expanded company extract directly through the Israeli Corporations Authority’s website: Corporations Authority – Expanded Extract Service.
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