Here, we report the draft genome sequence of Bacillus paralicheniformis strain GSFE7, which was isolated from saline fields near the Dead Sea region. The genome was 4,452,800 bp in size and contained 4,382 coding sequences. Several genes were predicted to be involved in auxin production, nitrogen fixation, phosphate mobilization, and putative production of siderophores and antibiotics such as bacitracin, butirosin, and fengycin.