Modern Israel is a reputable jurisdiction with possibilities of favourable taxation, with an economy enjoying worldwide confidence among communities and organizations. Companies incorporated in Israel are attractive not only because of simple and convenient setup procedures, but also in leiu of their status image. Including Israeli companies in internaitonal business structures is particularly valuable in cases when respectability of partners and transparency of transactions are of essense.
Excellent conditions are created for the use of Israeli resident companies as contractors to manage transactions outside the country, with guaranteed protection of the profits from taxation in Israel. Herewith, businesspeople can either own their own resident company or conduct transactions under a contract with a company specializing in international business management.
An important point is that Israeli companies can open accounts in banks, both in Israel and abroad, without binding regulations.
