Skip to content
Home / Company Formation / Israel
Company Formation · Middle East · OECD

Set up a company in Israel.

The world’s densest tech ecosystem — Startup Nation. 23% standard CIT, but qualifying technology enterprises pay as low as 7.5%. OECD member since 2010. First-ever US Free Trade Agreement (1985). 60 income-tax treaties. Coordinated through senior local Israeli counsel.

23% CIT
7.5% PTE (tech)
18% VAT
60 Tax Treaties
Commercial Capital
Tel Aviv
Currency
Shekel (ILS)
Population
~9.9 million
OECD Member
Since 2010
US FTA
Since 1985 (1st)
LLC Min. Capital
None
Quick Answer
How do you set up a company in Israel?

To set up a company in Israel, you choose a legal structure (most commonly a Private Limited Company — Chevra Ba’am, or “Ltd”, equivalent to a UK Ltd or German GmbH), prepare and notarise the Articles of Association, register with the Israeli Registrar of Companies (Rasham HaChavarot) at the Ministry of Justice, open an Israeli bank account, and register with the Israel Tax Authority (ITA) for corporate tax and VAT, plus the National Insurance Institute (Bituach Leumi) for any employees.

Standard formation takes 1 to 3 weeks for a Private Ltd. There is no minimum share capital. CIT is 23% standard, but qualifying technology enterprises pay 7.5% in development area A or 16% elsewhere under the Preferred Technology Enterprise (PTE) regime. Large tech groups (revenue > ILS 10bn) qualify for the Special PTE regime at 6%. VAT is 18% (raised from 17% on 1 January 2025).

Grant & Graham coordinates the engagement through senior local Israeli counsel and accountants — structure advice, Registrar filing, banking introductions, ITA registration, VAT setup (which requires an Israeli resident director or fiscal representative), NII employer registration, Israel Innovation Authority grant scoping where relevant, and ongoing compliance.

The Israeli Tax Position

23% standard. 7.5% for qualifying tech enterprises.

Israel’s headline 23% CIT positions it in the middle of OECD jurisdictions — but the Preferred Technology Enterprise (PTE) and Special PTE regimes deliver some of the most competitive effective rates in the developed world for qualifying R&D, software, and biotech businesses. Combined with up to 50% R&D grants from the Israel Innovation Authority and one of the world’s most extensive tax-treaty networks, this is the structural reason Israel remains the global non-US tech hub.

23%
Standard CIT
Stable rate for 2025 and 2026. Applies to ordinary trading and holding income. Capital gains taxed at the corporate rate. Closely held companies (5 or fewer shareholders) face a 2% annual surtax on certain accumulated profits.
7.5%
PTE (Dev. Area A)
Preferred Technology Enterprise rate on qualifying preferred-income in development area A. 16% elsewhere in Israel. Requires Israel Innovation Authority approval and qualifying R&D substance.
6%
SPTE (Large Groups)
Special PTE rate for groups with aggregate annual revenues of at least ILS 10 billion (~€2.5bn). 6% on qualifying income, regardless of location. Designed to anchor large multinationals in Israel.
18%
Standard VAT
Raised from 17% to 18% on 1 January 2025. Zero-rated for exports of goods and certain services. Financial institutions pay a 18% wage-and-profit VAT-equivalent. Non-profits pay 7.5% on payroll.

Other notable items: Dividend WHT 25%–30% for general shareholders, 30%–35% for 10%+ shareholders, generally reduced under treaty. PTE dividends taxed at 20%, reducible to 4% with 90%+ foreign holding. Capital gains on PTE IP sale to a related foreign company at 12% (or 6% under SPTE). QDMTT (Pillar Two) applies for tax years starting after 31 December 2025 for MNEs with global revenue ≥ €750m. No wealth tax. No inheritance tax. No stamp tax. From January 2026 a major reform applies: the long-standing 10-year exemption from reporting foreign income/assets for new immigrants has been cancelled; mandatory digital tax reporting via API begins April 2026.

Why Israel

Nine reasons businesses choose Israel.

The world’s densest technology ecosystem by per-capita measure — more startups, more VC funding, and more Nasdaq listings per head than anywhere except possibly Silicon Valley. Plus an OECD-grade regulatory and tax framework with deep treaty access.

01

Startup Nation ecosystem

~9,000 active startups, 400+ R&D centres of multinationals (Intel, Google, Microsoft, Apple, Nvidia, Amazon, Meta), and over USD 10bn in annual venture funding. Deep specialisation in cybersecurity, AI, semiconductors, biotech, agritech and fintech.

02

PTE / SPTE tax regimes

The Preferred Technology Enterprise regime delivers 7.5%–16% CIT on qualifying tech income; SPTE delivers 6% for large groups. Combined with capital-gains relief on IP transfers and reduced dividend WHT for foreign holders, this is the developed-world’s most generous tech regime.

03

Israel Innovation Authority grants

The IIA (formerly Office of the Chief Scientist) offers non-dilutive R&D grants of 20%–50%, rising to 100% in technology incubators. Repayable via 3%–5% royalties on revenue if and when commercialisation succeeds — a structurally favourable funding mechanism for early-stage tech.

04

OECD member since 2010

Full OECD member. BEPS Inclusive Framework participant. CRS reporting. MLI signatory. FATCA IGA with the US. A regulatory and reporting framework Western counterparties recognise without explanation.

05

60 tax treaties

One of the most extensive treaty networks in the Middle East — including the US, UK, Germany, France, Australia, Canada, India, China, South Africa, UAE, and most major EU jurisdictions. Substantial WHT relief on dividends, interest and royalties for treaty residents.

06

First-ever US Free Trade Agreement

Israel signed the United States’ first-ever Free Trade Agreement in 1985 — before any other country. The agreement covers goods, services and investment. Israel also has FTAs with Canada, Mexico, the EU, EFTA, and the Abraham Accords trade frameworks with the UAE and Bahrain.

07

R&D talent density

Highest R&D spending as a share of GDP in the world (~5.6%). More engineers per capita than any other country. Significant pipeline of technical talent from leading universities (Technion, Hebrew University, Tel Aviv University, Weizmann) and from the IDF’s elite technology units.

08

Capital markets & M&A access

Tel Aviv Stock Exchange (TASE) for local listings; deep cross-listing relationship with Nasdaq for tech companies. The world’s densest M&A market for technology acquirers — consistent multi-billion-dollar exit cadence to US, European and Asian acquirers.

09

No wealth, inheritance or stamp tax

No wealth tax. No inheritance tax. No stamp duty on commercial documents. Combined with the PTE/SPTE regimes and treaty network, Israel is structurally attractive for both holding-company location and operating-substance location in the right structure.

Choose a Business Structure

Seven legal structures — one usually fits.

For most foreign investors and founders, the Private Limited Company (Ltd) is the practical default. The Public Limited Company is used for listed or larger entities. Branch and Representative Office are foreign-presence forms with specific restrictions.

RECOMMENDED · LIMITED CO.

Private Limited Company

Chevra Ba’am Pratit (חברה בע"מ)

The standard structure for trading, holding and tech businesses. Separate legal entity, limited liability. 1 to 50 shareholders. No minimum share capital. Can be 100% foreign-owned. The vehicle of choice for nearly every Israeli startup and tech company.

PUBLIC CO.

Public Limited Company

Chevra Tziburit Ba’am (חברה ציבורית)

Public company — shares can be offered to the public and listed on the Tel Aviv Stock Exchange (TASE) or dual-listed on Nasdaq under the Israeli regulatory framework. Heavier disclosure, governance and audit requirements. Required for financial institutions and certain other regulated activities.

SOLE TRADER

Authorised Dealer

Osek Murshe (עוסק מורשה)

Self-employed individual registered as an authorised VAT dealer. Unlimited personal liability. No minimum capital. Used for freelancers, consultants and small-scale trading. Foreign nationals may register subject to residency and visa conditions.

SOLE TRADER · EXEMPT

Exempt Dealer

Osek Patur (עוסק פטור)

Small-scale self-employed status (below the VAT threshold — NIS 122,833 in 2026). Issues receipts not tax invoices. Cannot recover input VAT. Used for very small businesses and side activities. Foreign nationals rarely use this route.

PARTNERSHIP

General Partnership

Shutafut Klalit (שותפות כללית)

Two or more partners with unlimited joint and several liability. No minimum capital. Tax-transparent. Used in some professional services contexts (law firms, accountants). Governed by the Partnership Ordinance.

PARTNERSHIP

Limited Partnership

Shutafut Mugbelet (שותפות מוגבלת)

General partner with unlimited liability and limited partner(s) with liability capped at their contribution. Tax-transparent. Used in some Israeli venture-capital fund structures and joint ventures.

FOREIGN PRESENCE

Branch

Snif (סניף)

An operating branch of a foreign company. Can conduct commercial activities. Parent retains full liability. Must register with the Registrar of Companies as a foreign company. Branch profits taxed at 23% (or PTE rates if qualifying). Less common than the subsidiary route.

FOREIGN PRESENCE

Representative Office

Misrad Yitsug (משרד ייצוג)

Liaison office of a foreign company — limited to representational, marketing and research activities. Cannot conduct commercial transactions or generate revenue in Israel. Useful for market exploration before fuller commitment.

NOT SURE?

Talk to us first

Ltd is the workhorse for nearly every founder and foreign investor. PTE qualification needs early structuring (R&D substance, IP ownership). Closely held tax planning matters from day one. A 25-minute call usually settles it.

Book a call →
Formation Process

From decision to live entity.

The end-to-end registration sequence for an Israeli Private Limited Company — coordinated by Grant & Graham through senior Israeli legal and accounting counsel.

01

Structure & PTE eligibility scoping

Before incorporation, scope whether the business qualifies (or will qualify) for the Preferred Technology Enterprise regime — this materially affects share structure, IP ownership planning, and which entity should own the IP from day one. Also: holding-company location (Israel direct, or via treaty jurisdiction), closely held company status, and director residency.

02

Company name reservation

Submit the proposed company name to the Registrar of Companies for approval. Names must be in Hebrew (an English version may also be registered). Must not conflict with existing companies or trademarks. Approval typically within 3 to 5 working days.

03

Articles of Association & founder documentation

Draft the Articles of Association (Takanon) under the Companies Law (1999). Define shareholders, share classes, board composition, signatory authority, and dispute resolution. For foreign corporate shareholders: apostilled good-standing certificate, board resolution, and constitutional documents.

04

Notarisation & Registrar filing

Articles and shareholder/director declarations are signed before an Israeli notary (or apostilled abroad for foreign founders). Submit the incorporation application to the Israeli Registrar of Companies at the Ministry of Justice. Registration typically completes within 2 to 5 working days of submission.

Registrar of Companies →
05

Israel Tax Authority registration

Register with the Israel Tax Authority for the corporate tax file and obtain a Tax Identification Number (TIN). Register for VAT — requires at least one Israeli resident director or an appointed fiscal representative. The VAT registration is what triggers the right to invoice customers in Israel.

Israel Tax Authority →
06

Bank account opening

Open the operating bank account at an Israeli bank (Bank Hapoalim, Bank Leumi, Discount Bank, Mizrahi-Tefahot, FIBI, or international banks with Israeli operations). VAT registration cannot complete without an Israeli business bank account. KYC for foreign-owned companies is thorough — allow 3 to 6 weeks; UBO and source-of-funds documentation prepared in advance speeds the process materially.

07

National Insurance Institute (NII) registration

Register with Bituach Leumi (NII) as an employer. Required before paying salaries. Triggers mandatory pension and severance fund contributions after 3 to 6 months of service (pension minimum 18.5% of gross salary — typically 6.5% employer pension + 6% employer severance + 6% employee pension).

08

Israel Innovation Authority engagement (if applicable)

For R&D-intensive businesses, engage with the Israel Innovation Authority early to scope grant eligibility, R&D programme approval, and Preferred Technology Enterprise certification. Grants of 20%–50% (up to 100% in incubators), repaid via 3%–5% royalties on resulting revenue. A genuine structural advantage.

09

Ongoing compliance

Monthly or bi-monthly VAT returns. Quarterly CIT advance payments (Mikdamot). Monthly NII and payroll filings. Annual financial statements in line with Israeli accounting standards (IFRS or Israeli GAAP). Annual CIT return. From April 2026: mandatory full digital reporting of invoices, advances and salaries via direct API connections to the Israel Tax Authority. Statutory audit required for nearly all companies.

Indicative Costs

What it costs to incorporate & run.

All figures are indicative for a standard Private Limited Company with one or two foreign shareholders. Israel is mid-priced for setup — cheaper than UAE mainland but more expensive than most of Europe due to mandatory audit, the fiscal representative requirement, and Israeli notarial fees.

One-time setup

Registrar of Companies fee
ILS 2,640
Notarisation & translation
ILS 2,000–5,000
Apostille for foreign documents
€300–700
Israeli legal counsel
ILS 10,000–25,000
Fiscal representative (if needed)
ILS 8,000–15,000/yr
Banking onboarding support
ILS 3,500–6,000
G&G advisory & coordination
from €2,200
All-in setup: from €6,500–11,500

PTE structuring, Israel Innovation Authority grant applications, and complex share-class drafting are scoped separately. The fiscal representative requirement applies where no founder is Israeli-resident; can be replaced by appointing an Israeli-resident director.

Ongoing monthly / annual

Accounting & bookkeeping
from ILS 2,500/mo
VAT & payroll compliance
from ILS 1,800/mo
Digital reporting integration (2026)
ILS 5,000–15,000
Annual accounts & CIT return
from ILS 12,000/yr
Statutory audit (mandatory)
from ILS 18,000/yr
Registered office
ILS 6,000–15,000/yr
Typical monthly run-rate: from ILS 6,000–9,500

Audit is mandatory for nearly all Israeli companies regardless of size — budget for this from day one. Digital reporting integration via API is a one-time 2026 cost as the new ITA platform requirements come into effect from April 2026.

Laws & Regulations

The legal framework to know.

A summary of the core legislation governing companies in Israel — substantive work is delivered through senior Israeli counsel.

Corporate Law

  • Companies Law (1999)
  • Securities Law (1968)
  • Partnership Ordinance

Tax Law

  • Income Tax Ordinance
  • VAT Law (1975)
  • Encouragement of Capital Investments Law

Employment Law

  • Hours of Work and Rest Law
  • National Insurance Law
  • Mandatory Pension Order

Data Protection

  • Protection of Privacy Law (1981, as amended)
  • Privacy Protection Authority
  • EU GDPR adequacy decision

Innovation Framework

  • Encouragement of Industrial R&D Law (1984)
  • Israel Innovation Authority Law (2015)
  • Angels Law (R&D tax credit for investors)

Intellectual Property

  • Patents Law (1967)
  • Trademarks Ordinance
  • Copyright Law (2007)
Frequently Asked Questions

Israel, answered.

How long does it take to set up a company in Israel?
A standard Private Limited Company is typically incorporated in 1 to 3 weeks. The Registrar of Companies usually issues the certificate within 2 to 5 working days of a complete filing. Israel Tax Authority registration runs in parallel. Bank account opening adds 3 to 6 weeks for foreign-owned companies — and VAT registration cannot complete without an Israeli business bank account, so this is typically the gating item.
What is the minimum share capital for an Israeli company?
There is no minimum share capital requirement for an Israeli Private Limited Company. Companies can be incorporated with nominal share capital (e.g. NIS 1). Practical capitalisation depends on the business plan and bank onboarding requirements — most foreign-owned operating companies are capitalised at a meaningful working-capital level rather than nominal capital.
What is the corporate tax rate in Israel in 2026?
23% standard CIT — stable for 2025 and 2026. Qualifying companies under the Preferred Technology Enterprise (PTE) regime pay 7.5% on preferred income in development area A, or 16% elsewhere in Israel. Large multinational groups with aggregate annual revenue of at least ILS 10 billion qualify for the Special PTE regime at 6%. From tax years starting after 31 December 2025, a Qualified Domestic Minimum Top-Up Tax (QDMTT) of 15% applies to MNEs with global revenue ≥ €750m, in line with OECD Pillar Two.
What is the Preferred Technology Enterprise (PTE) regime?
The PTE regime under the Encouragement of Capital Investments Law provides materially reduced corporate tax rates for qualifying technology, software, biotech, and R&D-intensive businesses: 7.5% CIT in development area A, 16% elsewhere. Eligibility requires Israel Innovation Authority approval, qualifying R&D substance, and that the company owns (or has the right to use) preferred intangible assets. The regime also delivers reduced dividend withholding tax (20% generally, 4% with 90%+ foreign holding) and 12% capital gains on IP sale to a related foreign company. SPTE (6%) applies for large groups. This is structurally one of the most generous tech tax regimes in the developed world.
What is the VAT rate in Israel in 2026?
18% standard rate — raised from 17% effective 1 January 2025 as part of fiscal consolidation. Exports of goods and certain services are zero-rated. Financial institutions pay an 18% wage-and-profit VAT-equivalent; non-profits pay 7.5% on payroll. VAT registration cannot complete without an Israeli business bank account, and the VAT Authority requires at least one Israeli-resident director or appointed fiscal representative for foreign-owned companies. From April 2026, mandatory full digital reporting of invoices, advances and salaries via direct API connections to the ITA applies.
Can a foreign citizen or foreign company own 100% of an Israeli company?
Yes — Israel permits 100% foreign ownership in nearly all sectors without local sponsorship. Certain regulated activities (defence-related industries, telecoms, broadcasting, certain financial services) have specific national-interest review processes. The VAT Authority requires at least one Israeli-resident director or appointed fiscal representative; otherwise no Israeli residency requirements apply to shareholders.
What is the Israel Innovation Authority and how do its grants work?
The Israel Innovation Authority (IIA, formerly the Office of the Chief Scientist) is the government agency responsible for promoting industrial R&D. It offers non-dilutive R&D grants of typically 20% to 50% of approved R&D budget, rising to up to 100% in technology incubators. Grants are repayable via 3% to 5% royalties on resulting revenue if and when commercialisation succeeds. The IIA also runs programmes for early-stage startups, growth-stage companies, multinational R&D centres, biomed/pharma, dual-use technologies, and Israel–partner-country bilateral cooperation. PTE certification is administered by the IIA.
Does Israel have free trade agreements?
Yes — extensively. Israel signed the United States' first-ever Free Trade Agreement in 1985 (predating any other US FTA). Israel also has FTAs with the EU, EFTA, Canada, Mexico, Colombia, Panama, and various others. Israel is party to the Abraham Accords economic frameworks with the UAE and Bahrain. Combined with the 60-country tax treaty network, Israel has one of the most extensive trade and tax-treaty access positions of any Middle Eastern jurisdiction.
What are the major 2026 Israeli tax reforms?
Three significant changes: (1) The 10-year exemption from reporting foreign income and assets that previously applied to new immigrants and returning residents has been cancelled for anyone becoming an Israeli resident from 1 January 2026 onwards — this is a major shift for personal tax planning. (2) Mandatory full digital reporting of invoices, advances and salaries via direct API connections to the Israel Tax Authority begins April 2026. (3) QDMTT (Pillar Two) applies for tax years starting after 31 December 2025 for MNEs with global revenue ≥ €750m. Also: new immigrants arriving in 2026 (only) qualify for a one-off ILS 1m exemption on Israeli-source employment income; new tax credit points for combat reserve soldiers based on service days.
Are there wealth, inheritance or stamp taxes in Israel?
No. Israel has no wealth tax, no inheritance/estate tax, and no stamp duty on commercial documents. Combined with the PTE/SPTE regimes and treaty network, this makes Israel structurally attractive for both holding-company location and operating-substance location in well-designed structures. Closely held companies (5 or fewer shareholders) face a 2% annual surtax on certain accumulated profits — this is the main planning consideration for tightly held structures.
Can Grant & Graham manage the whole process?
Yes. Grant & Graham coordinates the engagement end-to-end through senior Israeli legal and accounting counsel — structure advice, PTE/SPTE eligibility scoping, Registrar of Companies filing, ITA tax and VAT registration, fiscal representative or Israeli-resident director arrangements, banking introductions, NII employer registration, Israel Innovation Authority grant scoping, and ongoing accounting and compliance. Indicative all-in setup from approximately €6,500 to €11,500 depending on engagement complexity and PTE structuring needs.
How We Work

Four steps from enquiry to live entity.

01 · CONSULT

Discovery call

30-minute conversation to understand your business, R&D profile, PTE eligibility, shareholder structure, IP plans and what you actually need from the Israeli entity.

02 · SCOPE

Recommendation

Senior advisory on the right structure (Ltd, Branch, holding location), PTE/SPTE qualification pathway, banking partner, Israeli-resident director or fiscal representative, and Innovation Authority engagement. Fixed quote in EUR or ILS.

03 · INCORPORATE

End-to-end formation

Registrar filing, ITA tax and VAT registration, fiscal representative appointment, NII employer setup, banking introductions, digital reporting integration, and IIA engagement where relevant.

04 · OPERATE

Ongoing support

Retained accounting, VAT and digital reporting compliance, payroll, mandatory audit coordination, annual CIT return, PTE/SPTE annual confirmation, and structural changes as you scale.

Start the Conversation

Ready to incorporate in Israel?

Tell us in 25 minutes what you need. We’ll tell you honestly whether Israel is the right jurisdiction — particularly the PTE qualification question — and if it is, we’ll handle the setup end-to-end through senior Israeli counsel.