A total of 142,100 new companies declared their opening to the tax authority, more than double compared to 2021

A record number of new businesses were created in Israel in 2022, according to official data from the Israel Tax Authority.

In the first 11 months of the year, 142,100 new companies declared their opening, a 100 percent increase over 2021, when 64,900 businesses were created.

"The significant increase in the opening of files with the Tax Authority is not surprising," said Monica Lev Cohen, CEO of Keren Shemesh, an organization that lends to small businesses. ... Read More: i24