How To Open Your Business In Israel

Table of contents:

How To Open Your Business In Israel
How To Open Your Business In Israel

Video: How To Open Your Business In Israel

Video: How To Open Your Business In Israel
Video: How to open your business in Israel 2024, November
Anonim

Israel is a country with a dynamically developing economy and a high standard of living. If desired and fulfilling a number of conditions, a Russian citizen can open his own business there. To do this, you need to know the features of the country's bureaucratic system.

How to open your business in Israel
How to open your business in Israel

Instructions

Step 1

Get a document allowing you to legally live and work in Israel. There is no special business immigration program to this country, so you need to obtain a work visa or residence permit based on kinship with Israeli citizens. Also, a person who has Jewish roots or converted to Judaism can emigrate. To draw up the necessary documents and get advice, you should contact the consular section of the Israeli Embassy in Moscow.

Step 2

Collect money to start a business. If you do not have sufficient amount. you can take out a loan from an Israeli bank. But this should be counted on for those who have lived in the country for a long enough time and have a source of income within it.

Step 3

Start your registration process with the tax office that collects VAT. You can find its coordinates in your local directory of organizations. When registering, select the form of tax payment. It is different for small and large firms. If you are looking to start a small business, then a system in which your counterparties in transactions do not pay you VAT is more suitable for you.

Step 4

With the received registration documents, contact another tax office that specializes in income tax.

Step 5

Contact the Israel Insurance Authority. There you will have to fill out paperwork related to medical and other insurance for you and your future employees.

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