Saturday, June 5, 2010

Importing Business Equipment

If the Ole hadash is planning to be self-employed, but has not yet fulfilled the requirements listed above, s/he can pay the required Customs duties as a deposit which will be returned when s/he has fulfilled all the requirements.

This information applies to Olim who want to open a business requiring specialized equipment including professionals and trades.

The exemption does not apply to motor vehicles, parts, raw materials, perishables, and all other goods intended for leasing.

An approved business equipment shipment can be imported from any country, and is in addition to the Ole's right to import three shipments from any country.

An Ole can import portable tools from any country which are manufactured and sold as portable tools, if their value, (as determined by Meches) is under $1,650 without having to fulfill all the conditions listed above.

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