One of the main issues in setup of a company is its structure. The company may be established either directly by individuals, its real founders, or by offshore or local companies being under the founders' control, in the according percentage of the property ownership in the company. The founders appoint a director to manage the company. In practice, very often there happen situations where, due to a number of reasons, reference to services of the so-called nominal shareholders and directors would be reasonable.

We offer nominee service for registration of companies in Israel. A local Israeli company, as well as a company registered outside Israel, may act as a nominee shareholder.

A resident of Israel may be appointed as a director. In this case the company is to submit monthly reports related to the director's remuneration. Another option is to appoint a non-resident director, so that only annual financial reporting will be required and sufficient. In this regard, we divide companies into two categories: with monthly and annual support accordingly. It should be noted that companies with local resident director and monthly reporting open accounts in Israeli banks, while companies with non-resident director, as a rule, opt for a bank outside Israel, since Israeli banks require personal attendance of directors to open an account.

The nominee director can, at the instruction of the customer, sign any corporate and commercial documents, certified by a notary and legalized, if necessary. Director's service is provided under the contract.

An Israeli company may hire local workers for its ongoing operation. You should only have in mind that this would entail payment of the related taxes, social contributions and reporting to the appropriate authorities.