Doing Business in Israel with Ecovis
Expand Your Global Footprint with Confidence
Israel is a global innovation hub and one of the most dynamic economies in the Middle East. With its thriving tech ecosystem, skilled workforce, and strong regulatory framework, it offers excellent opportunities for international businesses seeking to establish a local presence.
Whether you’re launching a new venture, opening a subsidiary, or simply looking for a reliable partner to manage your financial and regulatory obligations, ECOVIS Israel Ozery CPA is here to support you.
Why Israel?
- Strategic location connecting Europe, Asia, and Africa
- Highly educated and multilingual workforce
- Competitive R&D ecosystem and government incentives
- Robust legal and financial infrastructure
- Strong trade ties with the U.S., EU, and key global markets
Legal and Regulatory Considerations for Foreign Companies
Establishing a business in Israel involves:
- Registering a branch or subsidiary
- Appointing a local representative (fiscal agent)
- Obtaining tax ID and VAT registration
- Filing financial reports under local standards or IFRS/US GAAP
- Ensuring ongoing compliance with labor, corporate, and tax laws
Navigating these requirements is critical—and that’s where we step in.
Our Services for International Clients
- Local Representation (Fiscal Representative)
We serve as your official liaison with Israeli authorities, ensuring compliance and smooth communication. - Company Formation
Whether it’s a branch, subsidiary, or permanent establishment, we guide registration and structuring according to your strategy. - Bank Account Opening
Thanks to our personal connections with major banks, we can open corporate accounts even in complex cases where others have failed. - Tax & VAT Registration and Compliance
From initial registration to ongoing filings, we manage all direct and indirect taxation obligations. - Payroll & HR Support
We handle payroll processing, employee onboarding, social security, and labor law compliance. - Bookkeeping & Financial Reporting (IFRS / US GAAP)
Our team prepares accurate financial statements—monthly, quarterly, and annually—aligned with your global standards. - Liaison with Israeli Authorities
We manage filings, audits, and all correspondence with the Tax Authority, Registrar of Companies, and other government bodies.
Our Experience with International Clients
Israel is home to one of the world’s densest clusters of tech companies—spanning software, AI, cybersecurity, biotech, clean energy, and industrial tech. ECOVIS Israel has guided a wide range of multinational and tech-focused clients into the Israeli market, including participants in:
Technology, engineering, logistics, medical devices, materials, and consumer products.
Recent Engagements:
- Global SaaS & IT services provider: Established subsidiary, payroll, VAT & tax setup, monthly reporting, and intercompany pricing
- Intralogistics & automation group: Local branch, payroll, VAT filings, fiscal representation, and Tax Authority liaison
- European consumer products group: Subsidiary activation, bookkeeping, payroll, IFRS reporting, and multinational coordination
- Digital consultancy & marketing agency: Payroll, social security, tax registration, bookkeeping, and HR admin
- Medical device manufacturer: VAT import registration, import compliance, and fiscal representation
- International engineering & infrastructure firm: Bank account establishment (overcoming previous rejections), fiscal representation, and project payroll
- Multinational building materials supplier: Bookkeeping, VAT filings, payroll, and customs/logistics coordination
- Foreign-owned importer & distributor: Monthly accounting, tax compliance, payroll, and regulatory representation
We tailor our services to meet your operational model, reporting framework, and timeline—under Israeli GAAP, IFRS, or US GAAP.
ECOVIS Israel Ozery CPA
52512 Ramat Gan
