Tzvika Gross
Head of Global Outsourcing Services
Opening a Global Business in Israel Expanding your business overseas can be a daunting task, especially when it comes to setting up shop in a foreign country. At BDO Israel's Global Outsourcing team, we understand the challenges you may face when establishing a branch or subsidiary in Israel for R&D, sales, marketing, or customer support. We are here to help streamline the process, alleviate the stress of registration and compliance, and ensure your business is compliant from day one.
Several factors come into play when setting up a foreign company in Israel. Decisions need to be made regarding the structure of the set-up, including the potential exposure for maintaining a Permanent Establishment ("PE") and the filing obligations required, even when the corporation has no sales activity in Israel. This exposure may depend on the relevant tax treaty between Israel and the jurisdiction of the foreign corporation. Our team can provide you with the information and advice you need to make this critical decision.
Our team will assist you with the following tasks:
Setting up a branch or subsidiary in Israel:
- Registering your Israeli branch with the Israeli companies' registrar
- Providing legal Power of Attorney as a branch reference
- Establishing a subsidiary in Israel
- Appointing a nominee director
- Assisting with opening a bank account in Israel
- Tax registration in Israel:
- Opening a VAT file
- Appointing a VAT representation for the VAT file
- Opening an employer file in Israel
- Opening a tax file in Israel
- Compliance in Israel:
- Setting up bookkeeping and accounting systems
- Setting up and processing payroll information
- Monthly filing of all required compliance reports
- Filing annual tax returns
- Accounting support in Israel:
- Full controller services provided by a native English-speaking team
- Monthly reporting package
- Liaising local accounting and bookkeeping with central accounting teams abroad (AP, AR, treasury, HR, etc.)
- Assistance with local banking and payments
By partnering with us, you can rest assured that our experienced professionals will handle all aspects of setting up and running your business in Israel. We offer end-to-end solutions, including a comprehensive international outsourcing package tailored to your business needs. Contact us today to get started.