Registration of a Loan Agreement

 

Nature of the Service

Registration of a Loan Agreement.

Applicable Provisions of the Law

Companies Ordinance [New]-1983, Sections 172-173, 182-188, 178-185

Required Documents and Guidelines

 Detailed below are the documents required for the registration of a loan agreement:
 
  •  A document creating a loan agreement signed by the parties
The document will include a loan agreement clause stating explicitly that the Company is assigning its asset to the benefit of the Lender.
 
  •  Details of Mortgages and Loan Agreements Form
  1.  Fill-in the details of mortgages and loan agreements - Form 10 of the Companies Regulations (Reporting, Details of Registration and Forms) 5760-1999. The form can be signed by an officer of the company, according to its definition in Section 39 of the Companies Law, or by an interested party, according to its definition in Section 186 of the Companies Ordinance [New] 5743-1983.
  2. The list of loan agreements that may be registered with the Registrar of Companies is detailed in Section 178 of the Companies Ordinance [New] 5743-1983.
  3.  The form stating the details of the mortgages and loan agreements serves as an auxiliary document to the principal document creating the loan agreements, and cannot be deemed as a document that creates the loan agreement.
 
  •  The loan agreement documents for registration with the Registrar of Companies should be submitted within 21 days from the date they were created.
 
 

Forms


Declaration Supporting the Request to Extend the Date for the Registration of a Loan Agreement

Guide to Register a Loan Agreement​

Note: Documents must be submitted in the official language of the country and not in a foreign language, signed with an original signature only, unless it was mentioned otherwise.

Service Fees

Free of charge.


Options for receiving service

  • Postal delivery
Israeli Corporations Authority, P.O.B. 28178, Jerusalem 9128101
  •  Reception hours
Israeli Corporations Authority, Jerusalem, 39 Yirmiyahu St., Migdalei Habira, Building 1, 10th Floor
Days: Sunday, Monday, Wednesday, Thursday Hours: 8:30 a.m. – 12:30 p.m
On Tuesdays documents can be deposited in the box located in the lobby.


Handling Time

Up to 14 days from the date the documents were received.


Remarks

  •  The Company may submit original documents only.
  •  According to Section 178 of the Companies Ordinance [New] 5743-1983, documents can be submitted in the English language with an attached translation into Hebrew and the Company’s declaration confirming the accuracy of the translation (the accompanying translation will state visibly that “the translation is only a tool for facilitating the understanding the English document”) –  For more information on their matter press here.​
  •  A company that violated the law may not register loan agreements on company assets and/or in its favor.
  •  A creditor in whose favor the loan agreement has been registered, who is not a bearer of an Israeli ID card, will state his passport number and the country where it was issued and; if this is the Company’s first report relating to him, attach a copy thereof as stipulated in Section 16 of the Companies Regulations (Reporting, Details of Registration and Forms) 5760-1999. If the corporation is a foreign one, state its corporate registration number and attach a copy of the Certificate of Incorporation and the approvals required as stipulated in Section 16 to that corporation’s report.