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𝐖𝐀𝐈𝐓! There are 3 ways an Int’l company can register their business here in Israel. Which is best for you?
THE CFO BLOG
My 2 Cents
Musings from our firms CEO/CFO
Just because you 𝐂𝐀𝐍 put an expense on your Israeli company, doesn’t mean that you 𝐒𝐇𝐎𝐔𝐋𝐃.
It’s a helpful reminder as we all plan for next year. I’m specifically talking about food and cars…
Let’s clear up the rumors right now: 𝐅𝐨𝐫𝐞𝐢𝐠𝐧𝐞𝐫𝐬 𝐜𝐚𝐧 𝐨𝐩𝐞𝐧 𝐚 𝐜𝐨𝐦𝐩𝐚𝐧𝐲/𝐜𝐡𝐚𝐫𝐢𝐭𝐲 𝐡𝐞𝐫𝐞 𝐢𝐧 𝐈𝐬𝐫𝐚𝐞𝐥.
However, Israel’s Tax Authority (ITA) does 𝐍𝐄𝐄𝐃 an Israeli person to take formal responsibility.
There are 2 ways to accomplish this…
Are you running an Israeli business? Does someone on your team have strong Hebrew?
If not, your company is suffering, and you might not even know it.
Just passable Hebrew isn’t enough.
𝐓𝐡𝐞 𝐒𝐚𝐛𝐢𝐜𝐡 𝐒𝐭𝐚𝐧𝐝 𝐓𝐡𝐚𝐭 𝐃𝐞𝐟𝐢𝐞𝐬 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐍𝐨𝐫𝐦𝐬
Most business owners seek out 𝐠𝐫𝐨𝐰𝐭𝐡: More locations. Greater offerings. More flexibility.
𝐇𝐞𝐫𝐞’𝐬 𝐨𝐧𝐞 𝐜𝐚𝐬𝐞 𝐬𝐭𝐮𝐝𝐲 𝐢𝐧 𝐡𝐨𝐰 𝐥𝐞𝐬𝐬 𝐜𝐚𝐧 𝐛𝐞 𝐦𝐨𝐫𝐞.
We all like to complain about September 1st…
But did you know that our kvetching is actually recognized by the Israeli government?
𝑵𝑶𝑻𝑬 𝑻𝑶 𝑺𝑬𝑳𝑭: If a potential client doesn’t understand what you do after you have explained it several times, then they won’t be a good client.
Maybe not ever, but definitely not at this time.
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