FAQs – Private Limited Companies in Israel (Part III – Information available about companies online, procedure for changing company name / discharging charge)
- What information can I obtain from the online company register held by the Registrar of Companies?
- Information that can be obtained from the online company register includes the name of a company, the type of company, address, legal status and purpose of the company. Additional information (contained in a company abstract – or Nesach Chevra), such as details of directors, total authorized capital, division of share capital, shareholders, charges and liabilities can also be obtained, for a cost, payable online.
- What is the procedure for perusing a company file held by the Registrar of Companies?
- Perusal of a company file is performed electronically in the computerized room for perusing files at the Registrar of Companies. The requested file is scanned in advance of your arrival. You need to provide the company number, company name, the name of the person ordering the file and a telephone number. The offices of the Registrar of Companies are located at 39 Yirmiyahu Street, Building 1, “Migdalei HaBira,” Jerusalem. A fee is payable for perusing a file (around NIS 50) and an additional fee for copying pages from the file. The fee is payable by credit card only, and can no longer be paid with cash or revenue stamps.
- What is the procedure for changing the company name?
- Minutes of a General Meeting of the Company Shareholders must be filed with the Registrar of Companies, together with a covering letter. It is advisable to propose more than one alternative name for the consideration of the Registrar.
- What is the procedure for discharging a charge that appears on the register held by the Registrar of Companies?
- There is no prescribed form for discharging a charge. The lending institution must provide a letter, entitled “Discharge of Charge” (Siluk Ha-Shi’abud), detailing the following particulars: the name and number of the borrowing company, the date of creating the charge, the date of registering the charge, the charge number, the signature and stamp of the lender. The date of discharging the charge should be identical to the date of the letter
For further advice and assistance on the formation or operation of a private limited company, or other form of legal business entity, in either Israel or the UK, feel free to contact Simon: 0737-40-60-40 / 0545-742-374 / simon@jacksonadvocates.net
