UHY Hacker Young | Chartered Accountants

Investing in Israel

Israel is emerging as one of the most attractive destinations for investment in the Middle East, with a positive attitude prevailing towards foreign investment. The Israeli business market is a diverse and flexible one with a variety of business opportunities, but you must also consider the significant legal and cultural differences to running a business in the UK that accompany a move to Israel.

We can work alongside our UHY Israeli member firm to support you during your expansion into Israel and give you advice to help you understand the business opportunities the Israeli market presents. We can offer you professional expert advice on the running of your business as well as helping you to become familiar with the cultural change you will face. We can also make introductions to other professional advisers, such as lawyers and bankers, where required.

With the support of both our dedicated Israel business desk and UHY Israeli member firm, you will benefit from access to advice with advisers in both the UK and Israel. Your whole internationalisation process will be much smoother as we focus on creating value by acting as a one-stop-shop for UK owned businesses planning investments overseas; there is no need for you to be the middleman between each country as we will have direct communication with our Israeli counterpart to provide all the services that you require.

We can support and provide you with the following:

Registering your business

All companies setting up in Israel must register with the Registrar of Companies and the Tax Authorities. We can put you in touch with our UHY member firm in Israel or a local lawyer to lead you through this process and complete the relevant forms.

Tax efficient structure

Implementing a tax efficient structure is key in ensuring the commercial success of any overseas expansion.

We can assist with tax planning for your business and will work alongside our Israeli counterparts in order to minimise your tax liabilities from the outset.

We can also assist in tax planning for individuals moving to Israel permanently or temporarily. Early tax planning is essential in both cases before you leave the UK and before your arrival in Israel. Our tax experts have extensive experience in advising both businesses and individuals on international tax issues.

Doing business in Israel guide

Each year, every UHY international member produces a ‘Doing Business’ guide which summarises the key issues and information for investors considering business operations in their country, including procedural issues, local regulations and taxation.

Click the link to download our Doing Business in Israel guide.

The next step

For further information or to arrange a meeting to discuss your specific circumstances, please contact Derek Levy, head of our Israel business desk, either by phone on 020 7216 4658, or email him at d.levy@uhy-uk.com.