此文章还有以下语言版本： 简体中文 (Chinese (Simplified))

We Tell You How You Can Incorporate company in Israel Without Confusion

Register a Company in Israel

The usual tax rate for offshore income is around 24% making it the 98th in the world when compared to corporate tax worldwide. The VAT is around 18% and the complexity of the system is quite easy to follow making it a friendly nation for foreign investors. Capital gains are subject to corporate income tax and the interest withholding tax is estimated to be around 24%. There are also chances that these ratios may further reduce in the upcoming years. There are no taxes on wealth or inheritance in Israel. Now let us consider the process of beginning an Incorporate company in Israel.

 

How to Register a Company

After a brief understanding of tax rates, let us introduce you to the steps to register an Israeli company.

 

  • First, you need to identify the jurisdiction in which you are about to incorporate. When examing the jurisdiction, you need to look at its legal code. The best way to ensure that you are on the right path is to get in touch with someone who can offer local advice. Our company can help you with this procedure through our agents. As electronic signatures are permitted, a lot of the work can be completed from your home location.。
  • The time taken for incorporation is roughly 1 week in Israel. You will need to have a bank account in Israel for the purpose of business but the minimum capital you are expected to keep in the bank is 0. Therefore you need not maintain a minimum share capital. You can freely use legal tenders to fund your company.
  • Once you have started your Incorporate company in Israel and wish to move it elsewhere. That is also possible. After a few simple legal procedures, you are free to change the jurisdiction of your company.
  • You can have a single owner or multiple shareholders for your company. Up to 100% ownership is allowed for foreign ownership. Therefore you can be the sole shareholder of your company. A company must have a director. Having multiple directors, however, is left to your choice or your company’s requirements. These directors must be disclosed publicly. There is also a law which requires that all shareholders of the company must meet annually.
  • Another requirement by the law is that your company must have a registered office in Israel. This office will receive any legal papers on behalf of the business. We can help you find such a registered office for you. A corporate secretary, however, is not required by the law, as is required in many other countries.
  • Once you have started carrying out your regular business activities in Israel, you need to file accounts with relevant authorities. These accounts must be audited and filed properly. You may reach out to us for any help getting started out initially for this process.

 

After understanding these steps and requirements, you can seriously consider whether to set up a company in Israel. For more information, please contact us, 3E Accounting will assist you to set up an Israeli company.