Deadline for NPOs to File 2023 Annual Reports Extended

In light of the Swords of Iron War and the state of emergency, the Registrar of Amutot and Endowments published a directive extending the deadline for NPOs to file their 2023 annual reports, enabling them to obtain a Certificate of Proper Management for 2025.

As a rule, the Associations Law (Amutot Law), 5740-1980, and the Companies Law, 5759-1999, require Amutot and public benefit companies (PBCs) to file annual reports by June 30 of the year following the reporting year under report, subject to the extended filing arrangement usually agreed upon annually between the Registrar of Amutot and the Institute of Certified Public Accountants.

To assist Amutot and PBCs that have not yet completed their reports or filed an application for a Certificate of Proper Management, the deadline for filing 2023 annual reports has been extended to December 1, 2024.

The directive emphasizes that the extension also applies to Amutot and PBCs that received a Certificate of Proper Management for 2024-2025 and are required to file their 2023 annual reports as a condition for the continued validity of their certificate for 2025.