Invest in the

2.3 The Strategic Investments TrackSubject to meeting the conditions detailed below (in addition tomeeting the conditions specified in Section 18A(c) of the Law),a corporate body is entitled to full exemption from CorporationTax and a full exemption from tax in respect of taking a dividendduring the benefits period.Development Region Minimum Qualifying Investment Total Earnings in the GroupThe TotalAs per Ministers'DecisionThe TotalAs per Ministers'DecisionQualifying Region (distant outlyingareas) - Acre, Carmiel and the North NIS 600 millionNIS 13 billionBeersheba, Arad and the SouthPriority Region A NIS 900 million NIS 600 million NIS 20 billion NIS 13 billion2.4 The Tax Breaks for an Approved EnterpriseThe Tax Breaks for an Approved Enterprise are granted for a periodof seven consecutive years commencing from the year in whichthere was, for the first time, income that is liable for tax, providedthat 14 years have not elapsed since the year in which approvalwas granted and 12 years since the year in which, accordingto the determination of the Investment Center in the Ministry ofIndustry, Trade and Labor, the enterprise was operational, or fromthe year of choice or the tax year that was approved in respect ofa beneficiary enterprise, as the case may be.The Tax Breaks period for an enterprise that is at least 25%owned by a foreign investor, is 10 years.44 < Invest in the Negev and Galilee