Registration of a company in Israel

Name of service Bronze Silver Gold
Check and reserve of the company name Obtaining approval from the registrar for the company name
Company registration, including state fees Preparation of a full package of documents, depending on the chosen form of ownership, cooperation with the relevant authorities prior to obtaining information on company registration
Set of constituent documents Preparation of a complete package of constituent documents of a company of any form of ownership
Legal address for 1 year Provision of legal address for your company in a given jurisdiction, eliminating the need to purchase or rent real estate
Assistance in opening an account Collection, preparation and submission of the necessary documents for opening a corporate account
Total cost
4800 EUR 8000 EUR 12900 EUR
Accounting services
160 EUR 160 EUR 160 EUR
Annual renewal (paid from the second year)
1700 EUR 4900 EUR 8400 EUR

Deal of the month

If you will register a company until April 30,
opening a bank account is for FREE

6 easy steps to get started
  • 1

    Select your
    preferred jurisdiction

  • 2

    Choose a bank
    that meets your
    company's needs

  • 3

    Pay for our services
    using a convenient
    payment method

  • 4

    Receive all necessary
    corporate documents

  • 5

    Receive details
    for your newly opened
    bank account

  • 6

    We'll deliver the original
    documents directly
    to you

Establishing a company in Israel can bring significant benefits to owners and open up new business opportunities. The jurisdiction is interesting due to the operation of many small and medium-sized business development funds. They provide financial support to repatriates and non-residents by a provision of loans on concessionary terms, including for newly established enterprises. Prompt and convenient company registration in Tel Aviv, Jerusalem, Haifa, or any other city in Israel is just the first benefit of starting a business operation here.

Advantages of the Jurisdiction

If you are evaluating an opportunity of company registration in Israel, you may potentially gain benefits thanks to these advantages the jurisdiction offers:

  • Quick procedure for the Israeli company incorporation and opening a bank account for it
  • Low transactional costs for establishing a business in Israel
  • Comparatively simple requirements for arranging document flow
  • Favorable conditions for IT and fintech (for example, R&D grants)
  • Plenty of modern facilities and technology centers.

Major Forms of Legal and Business Presence

If you are evaluating an option of company registration in Israel or look for other suitable alternatives, your business presence may be arranged in one of these options:

  • Private Limited Company – an Israel entity that is the most common organizational form of business with a minimum of risks for owners and broad opportunities. By registering in the corporate charter a limitation of liability for debts/obligations of an enterprise, you can begin to work safely and productively. At least one shareholder is required to establish this Israel enterprise, either a natural or corporate person. The number of such members is restricted to 50. The shares of the Israel enterprise cannot be freely transferred and offered to the public. There are no requirements concerning the minimum statutory capital of this Israeli enterprise.
  • Public Limited Company – an Israel corporate entity where the liability of shareholders is also limited. Still, this company may offer its shares to the public. Specific share capital demands are applied depending on the type of activities that the company conducts.
  • Branch – an opportunity suitable for any foreign entity that wishes to carry out in Israel the same types of commercial activities as aboard at minimal costs. A mother company will remain fully liable for the results of the operation that its branch shows.
  • Representative Office – an option workable for market research and promotion of activities of overseas companies only without an opportunity to carry out business in Israel.

Registration Requirements and Steps

If you intend to register a company in Israel, this objective can be realized by completing these preliminary steps:

  1. Defining commercial objectives you are going to realize through the legal entity in Israel.
  2. Choosing and verifying a corporate name for a future company (at least three alternatives are required).
  3. Collecting all required data about shareholders, beneficial owners, and future managers of the company subject to incorporation.
  4. Forming and submitting the set of documents to the state registrar, among which are:
  • Memorandum and Articles of Association which, in addition to the standard information (founders, their responsibility, size of contributions, type of company) must contain information about the real targets and activities of the future business;
  • copies of passports of the founders, or a package of constituent documentation, if a legal entity acts as the establisher (registration certificate, a decision of a meeting on the company establishing);
  • declarations of the first directors, owners of the shares;
  • completed and signed registration forms.
Documents of foreign origin must be apostilled and notarized by a local notary, translated into Hebrew. If everything is done correctly, you will receive a certificate in a few days. Also, the procedure can be accelerated up to one day.
  1. Registration for tax and social security purposes.
  2. Opening a corporate bank account.
  3. Arranging the company's record-keeping.
  4. Obtaining licenses and special permits (required for certain types of regulated activities only).

Legal and Regulatory Framework

It is important that any person, including citizens of foreign countries, as well as companies from external jurisdictions, can be founders or beneficiaries of a business in Israel. The registration process differs slightly - you just need to submit the standard package of documents with a copy of your passport or constituent papers.

The Companies Law, the Companies Regulations, and the Securities Law are principal legal acts for business in this jurisdiction. The Israel Corporations Authority of the Ministry of Justice of Israel, the Income Tax Authority, and the Israel Securities Authority are the major state bodies in the area of doing business.

Tax System of Israel

If you are considering an option of company incorporation in Israel, these basic highlights may be of help during the preliminary assessment:

  • Corporate income tax (CIT) rate – 23%
  • Personal income tax rate – 50%
  • Value-added tax rate – 17%
  • Withholding tax (for non-residents) – (i) dividends - 25 or 30% (ii) interests - 23% (iii) royalties - 23%
  • Capital gains tax rates – (i) corporate – equals to the basic CIT rate, (ii) individual – 25%

Company income is taxable if this income is received in Israel. If the directors and shareholders are not residents of Israel, the company does not operate in the country and does not interact with local legal/private entities - there are no taxes.

How Prifinance Specialists May Help You

If you have preliminarily decided to register a company in Israel, Prifinance specialists may guide you maximally precisely on the process and its peculiarities, prepare all required documents and complete the registration process upon your request. Reach us shortly for more precise discussions and suggestions.

Cooperation

Our clients

PRIFINANCE COMPANY
4.7
Based on 56 reviews
powered by Google
I NI N
10:31 20 Mar 24
Collaborated with the company for 3 years. I can’t say that everything was smooth from the point of view of organizing the work; there was confusion in the structure of the work, etc. But I’ll specifically highlight employee Lyubov Malinowski, she very diligently corrected all errors and was in touch at the right time, her help was significant in all processes and she approached all issues precisely. I would like to separately highlight the moment when she solved the problem at her own expense, which speaks of the person’s professionalism and increased responsibility.
K NK N
11:40 01 Mar 24
As a software development crew at FewMoreTaps OÜ, we've had the pleasure of working with Prifinance on some key financial moves.First of all, navigating the world of corporate banking and finance can be a maze, but Prifinance made it feel like a walk in the park. They helped us set up a corporate bank account without the hassle of jumping on a plane or drowning in paperwork. Everything was done remotely, smoothly and securely.But that's not all. We had a slightly time-sensitive situation when it came to changing the beneficiary details on our account. Prifinance stepped up to the plate and handled everything quickly and professionally.It's not just about getting the job done. It's about how Prifinance does it. They're all about making complex financial matters simple and accessible for companies like ours. Plus, their team, especially Liubov Malinowski, has been nothing short of fantastic to work with - professional, timely and always on the ball.In short, FewMoreTaps OÜ wholeheartedly endorses Prifinance OÜ. Whether it's opening bank accounts remotely or navigating the financial legalities of running an international business, these guys have got your back. A big thank you to the entire Prifinance team for their first class support and expertise.Here's to more collaborations in the future!Best,Kiryl Nest
Mina KedisMina Kedis
18:10 23 Feb 24
I had their assistance in company registration and I would recommend them. They were answering all my clarification during the process and offering all their supportThank you Daniel and Irinia
Róbert KnapecRóbert Knapec
15:08 22 Feb 24
We found PRIFINANCE COMPANYvia the Internet and asked for help in organizing the opening of their company in Estonia. PRIFINANCE COMPANY specialists helped us a lot with this. Their professional, competent approach and knowledge of their business left us with only the best impressions.
Anna AnnaAnna Anna
13:33 07 Feb 24
I'm thrilled with my experience with PriFinance! They helped me obtain a crypto license in Estonia without any hassle. The team was super understanding and always available to answer my questions and assist. It was great to see how they put effort into preparing the documents to ensure everything went smoothly. I'm delighted with the outcome and highly recommend PriFinance to anyone looking to get a license stress-free!
Opening an account with Prifinance in a Swiss bank was such an easy and quick process that I was shocked. It all started with the first call, where I received detailed guidance on the required documents and the entire procedure.One of the key highlights was their attention to detail. As someone who usually gets tangled up in paperwork, I was pleasantly surprised when they sent me all the documents and instructions clearly and neatly. No misunderstandings!Honestly, I expected opening a Swiss bank account to be complex and time-consuming, but thanks to Prifinance, I felt like a professional financial expert. Thank you for making this process so easy and enjoyable!
Maria Jose SantomeMaria Jose Santome
20:39 13 Dec 23
I recently had the pleasure of working with Boris.. and I must say, it was a fantastic experience. Boris went above and beyond to assist me with my residency needs. His professionalism, knowledge, and dedication truly stood out. I highly recommend working with Boris and the team!
Valon StatovciValon Statovci
12:43 27 Nov 23
I used Prifinance to help me with a new corporate structure. The team were helpful and communicated well from the initial onboarding with Daniel to case handling by Karmen. They also responded to additional requests post incorporation very quickly, Thank you and would work with them again
js_loader