Summary of Corona Virus assistance in Israel
We've brought together all the CoronaVirus grants and subsidies in Israel in a single table.
Since the start of the CoronaVirus crisis in Israel, the Israeli government has set up a series of subsidies and aids for businesses.
In the following table, you'll find all the relevant information on grants available to companies and the self-employed. This table also takes into account future grants that will be awarded as a result of the financial support plan 2020-2021 recently voted by the Knesset.
With this summary, all companies in Israel can make a provisional and plan their future with peace of mind.
We know that subsidies and the financial plan have added a considerable amount of information, making it necessary to bring everything together in a single table.
Our aim is to explain, simplify and make information and processes accessible to companies in Israel impacted by the Corona crisis.
You can now make a forecast of the subsidies you may be eligible for in the coming months.
Aid summary table
|Grant name||Application deadline||Amount of subsidy||Who is eligible?||Requirements||Conditions for sales decline|
|Maanak 1||1/7/20||Up to 6,000 shekels||Ossek mourche and Ossek Patour||2018 taxable income between 24,000 and 240,000 shekels (for a couple: less than 340,000 shekels)||Drop of at least 25% in sales 3-4/20 compared with 3-4/19|
|Maanak 2||17/8/20||Up to 10,500 shekels||Ossek mourche, Ossek Patour and shareholder in Israeli company||2018 taxable income between 8,568 and 1,000,000 shekels||Sales down by at least 25% 3-6/20 vs. 3-6/19|
|Maanak 3 (small business)||17/8/20||Tiered up to 3,025 shekels||Ossek mourche and Ossek Patour||Sales in 2019 between 18,000 and 300,000 shekels||Drop of at least 25% in sales 3-4/20 compared with 3-4/19|
|Maanak 3 (large company)||15/9/20||Up to 400,000 shekels||Ossek Mourche, Ossek Patour, Hevrot Baam, Shoutfout||Ossek Mourche with sales between 300,000 and 20 million shekels. Hevrot and Shoutfout with sales between 18,000 and 20 million shekels.||Drop of at least 25% in sales 3-4/20 compared with 3-4/19|
|- From 01/11/2020 for new applications - Possibility of changing your declaration until 17/8/20||Drop of at least 25% in sales between 3-6/20 and 3-6/19. (Unless a drop of more than 60% between 3-4/20 and 3-4/19).|
|Maanak for employers||No later than 60 days from the end of the month for which the subsidy is requested||Up to 7,500 shekels per employee||Employers||Bring employees back from unemployment and unpaid leave (see conditions)||No reduction in sales conditions|
|Financial support plan 2020-2021|
|Maanak 2 Bis||Automatic for those who have received the Maanak 2||Up to 7,500 shekels||Ossek mourche, Ossek Patour and shareholder||Same amount as maanak 2 with a limit of 7,500 shekels|
|Maanak Bimonthly||From 25/8/20 for the 1st request, then on the 15th of the month following the period for which the subsidy is requested.||Up to 15,000 shekels, paid every 2 months, i.e. 7,500 shekels / month.||Taxable income in 2018 or 2019 between 8,568 and 651,600 shekels||Decrease of at least 40% compared with the same period last year|
|Subsidy for reimbursement of fixed costs|
|Maanak for companies opening in 01-02/2020||Not yet published||3.000 shekels||Osek Patur||Businesses opened in 1-2/2020 with sales of over 18,000 shekels in 2020 and a minimum of 1,500 shekels in 1-2/2020.||Decrease during subsidy period compared to 1-2/2020|
|4.000 shekels||Ossek Mourche|
|Maanak for companies with sales of less than 300,000 Nis/year||27/10/2020||3.000 shekels||Ossek Mourche, Ossek Patour, Hevrot Baam, Shoutfout||Sales between 18,000 and 100,000 shekels||Decrease of at least 40% compared with the same period last year|
|4.000 shekels||Sales between 100,000 and 200,000 shekels|
|6.000 shekels||Sales between 200,000 and 300,000 shekels|
|Maanak for companies with sales over 300,000 Nis/year||Not yet published||Between 6,000 and 500,000 shekels||Sales between 300,000 and 100 million shekels||Decrease of at least 40% compared with the same period last year|
|Sales between 100 million and 200 million shekels||Decrease of at least 60% compared with the same period last year|
|Sales between 200 million and 400 million shekels||Decrease of at least 80% compared with the same period last year|
|Withdraw funds from your Keren Ichtalmout|
|Withdraw your Keren Ichtalmout tax-free||09/02/2021||Up to 7,500 shekels per month.||Unemployed or on unpaid leave or spouse of an Ossek mourche or Ossek Patour||Unemployed or on unpaid leave from 1/3/20 to date of application.||Monthly taxable income up to the end of the month preceding the application is lower than the monthly income for the same period in the previous year.|
Following numerous questions, we would like to inform you that if you receive a subsidy in error, the government will ask you to repay it.
So take advice and check if you are eligible before you apply.