Israel

Is there a legal rule in Israel on the validity period of Giftcards? ›

Yes, Israel has a legal rule on the validity period of Giftcards. Under consumer protection law, Giftcards must be valid for at least two years. Providers may not set a shorter period.

What consumer rights apply in Israel for expired Giftcards? ›

Under Israeli law, a Giftcard may expire only after two years have passed. Merchants must inform consumers at purchase about the expiry date and terms.

What special rules apply in Israel to the sale, issuance, or redemption of Giftcards? ›

In Israel, Giftcards may be issued in physical or digital form. Electronic Giftcards are subject to data-protection and e-commerce rules. Providers must clearly communicate usage and validity.

How are Giftcards treated for tax purposes in Israel (VAT, single-purpose / multi-purpose)? ›

Giftcards are subject to VAT. The tax generally becomes payable upon redemption. A distinction between single-purpose and multi-purpose Giftcards is common in practice but not defined by statute.