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Creating a Company in Israel

Michael Decker

Marce Ruth St. Rey

Party time in the heart, my beloved husband received his residence after so much time of battles and faith. Gratitude, God has blessed us with wonderful beings who have accompanied us, including a "precious angel" who touched our hearts, our excellent and fantastic lawyer: Maria Chernin Dekel, sweet and wonderful human being, who has guided us and stayed On our side. side in this intense legal transit whom we bless on every occasion. God bless you dear Maria, you have exceeded your professional duty by containing us and collaborating with us in hard times, very hard, for that we want to thank you publicly, you are unique!!!
We bless and thank the entire team at Decker Pex Tal Ofir Law Firm.

Creating a company in Israel is necessary to pursue business in the country. If you don’t plan to register a foreign company in Israel, creating some type of local company is the only way to move forward with business ventures.

The natural question is: What kind of company should you create for this purpose? Our law firm has helped many clients create the type of company suited to their needs. Creating a company in Israel is quite simple and requires little documentation. However, it is necessary to follow certain procedures.

CREATING A COMPANY IN ISRAEL

When one wishes to create a company in Israel, they must register it in the Registrar of Israeli creating a company in IsraelCompanies, Rasham HaHaverot, located in Jerusalem.

DOCUMENTS THAT HAVE TO BE PROVIDED

  1. Company bylaws.  All applications must include a copy of the company’s bylaws.
  2. The declaration of the first shareholders. This statement is a document in which each shareholder must acknowledge they are not prohibited by law or by verdict from being or becoming a shareholder.
  3. The statement of the first director. This document states that the director is willing to be the director.
  4. Proof of payment. Registering a company costs approximately 2,500 shekels.

Legal help in registering a company

Each of these documents will need a lawyer’s signature to recognize and certify the veracity of all the elements present in the various declarations. When a person involved in establishing the company is not an Israeli citizen, it will be necessary to provide a photocopy of their passport.

Company management

After verification of all documents, the Registrar of Companies will issue a registration number, which will be the identity number of the new company.

A company must have an accountant for the annual certification of its accounts. The accountant is responsible for the monthly accounting and the drafting of the annual report. Every year a company has to pay a fee to the Registrar of Companies. However, only a partial payment is required if the fee is paid in advance.

Finally, in the event a company wishes to change its bylaws, it must report this to the Registrar within 14 days of the decision.

CONTACT US – CREATING A COMPANY IN ISRAEL

These procedures and options are numerous and complex, thus it is recommended to call on lawyers who specialize in this work. Our firm can provide you with legal advice and assistance in your administrative procedures.

The creation of a company

ייעוץ משפטי https://lawoffice.org.il/: 03-3724722, 055-9781688 

רחוב עמל 37 פתח תקווה 4951337 ישראל, https://lawoffice.org.il/: [email protected]

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