Labor Law in Israel

  According to national insurance requirements and income tax legal entities that are defined as a “fixed presence” which employs workers in Israel is obliged to prepare monthly reports to the income tax and to national insurance authorities. Special issues and emphases: Calculation of foreign workers’ salaries is carried out in accordance with the law, ...

Preliminary tax planning

A company that penetrates to Israel and develops an extensive activity in Israel or that can be regarded as having a permanent establishment in Israel according to Israeli Tax Law is fully required to report to Israeli Tax Authorities. Hence, preliminary tax planning by local expert previously to entity establishment is not only recommended but ...

Voluntary disclosure

  The phenomenon of Israeli residents holding assets, bank accounts sourced in business activity, real estate or inheritance has become increasingly prevalent all over the world in recent years. The income derived from these sources not declared to Israeli relevant authorities thus causing Israeli resident, in some cases, to be seen as tax offender.  An ...

Israeli tax authorities requirements

Reporting and taxation requirements for a “Permanent Establishment” (or “Fixed Presence”) in Israel. A company which has extensive activity in Israel or that can be regarded as having a “Permanent Establishment” in Israel, has a full reporting requirement in Israel to all tax authorities. In this situation, the company has two options:  Open a “fiscal ...

The new double taxation treaty between Germany and Israel

New tax treaty between Germany and Israel is expected to ease investors, companies and individuals on bilateral management of business. Israel has tax treaties with more than 50 foreign countries. The main purpose of tax treaty is to precede economic relationship between both countries by eliminating fiscal obstacles and strengthen collaboration between them. Recent update ...

Work Permits in Israel

  It is our pleasure to present comprehensive information on the procedure for obtaining work permits in Israel. In general, an employer of foreign experts is required to undergo two separate procedures which are interdependent. First, an application for a permit to employ foreign experts must be submitted with the Ministry of Industry. Usually an ...

Successful Export to Germany

conference was held on 8 January 2014 by Angel & Angel Group   under auspices of Association of German Chambers of Industry and Commerce,   Embassy of Germany in Tel Aviv and The Israel Export & International Cooperation Institute. More than 80 industrial and commercial companies which are interesting in doing business in Germany, lawyers and ...