We help new immigrants and foreign founders choose between Osek Patur, Osek Murshe and an Ltd company, build a launch plan and a first-year forecast, prepare the documents and accompany the process. The applications to VAT (Ma'am), Income Tax and Bituach Leumi are filed by a certified accountant: our partner CPA or your own. Meetings are in Hebrew or Russian, on Zoom or at our Petah Tikva office.
Your status decides whether you charge VAT, how often you report and how much tax you pay on profit. You can change it later, but it is easier to choose well from the start, based on a first-year forecast.
For people starting out and for side work. An Osek Patur does not charge VAT, so it cannot reclaim VAT on expenses.
A self-employed business with full commercial activity: hiring employees, selling to companies and to private customers.
A separate legal entity. The owners' personal assets are kept apart from company debts, though banks often ask for a personal guarantee on loans. Usually pays off at a net profit of ₪350-400K a year or more.
Applications to the tax authorities are filed by a certified accountant. We handle the financial side of the launch and stay with you to the end.
Our partner CPA or your own accountant, whichever you prefer.
In a running business the split looks the same: the accountant reports to the authorities, and a fractional CFO plans the money.
A first-year forecast comparing the expected tax and costs under each status, prepared with the accountant, who gives the personal tax advice.
The accountant files the application and gets a file number. We prepare the data: line of business, expected turnover, first expenses.
The accountant opens the files and sets the advances. We add them to the payment forecast so they don't surprise your cash flow.
A business account, checkbooks and card clearing. We prepare the plan and forecast for the bank.
Invoicing software, a monthly cash flow table and, if needed, a loan application for a new business.
The launch plan answers one question: how much money the business needs until income covers expenses. The monthly forecast covers revenue, fixed and variable costs, VAT, tax advances and Bituach Leumi, so you see in advance which month may run short.
Money for the first months comes from own capital or credit. New businesses can apply for a state-guaranteed loan on preferential terms, up to ₪500,000. The bank and the fund will want a proper forecast, which also becomes the basis for a business plan for the bank.
Yes. In Israel you may combine a salaried job with self-employment (sachir ve-atzmai). At year end you file a combined annual report and the tax is recalculated (tiyum mas).
The law allows a personal account, but we recommend a business account from the start. It keeps personal and business money apart, and a state-guaranteed loan requires one anyway.
Usually when net profit exceeds ₪350,000 - ₪400,000 a year: personal income tax reaches 47-50%, while corporate tax is 23%. Another reason is high financial risk. The exact calculation, including tax on taking profits out of the company, is done with the accountant.
A certified accountant: our partner CPA or your own. We do not represent clients before the tax authorities. We help choose the status, prepare the plan, forecast and documents, and accompany the process until the business opens.
The first step is a free 15-minute diagnostic call to work out what you need: only the status choice, or also a launch plan, a forecast and support. That part is paid work: the price is set after the call, based on the scope, and agreed before we start.
Hebrew or Russian. We meet on Zoom or at our office in Petah Tikva: B.S.R City, Tower I, 12th floor.
Leave your details and we will call you back to set up a free call.