Israel
Financing a Business in Israel
Recent forum posts
-
Direct Access To A Safe & Secure BG/SBLC Platform
Dear Partner/Associate,We are accredited mandate to a renowned provider for bank instruments; BGs | SBLCs | LCs | DLCs ET AL for lease and sale, Issuance by HSBC Bank Oman, Barclays Bank London , Deutsche Bank, BNP Paribas, & AAA Rated Banks in Europe, Middle East or USA.Our BG/SBLC Financing can help you get your project funded, LOAN financing by providing you with yearly renewable leased
Total Posts: 1 Last post by cynassets
-
Business and Real Estate Funding Via Bank Guarantee
Dear Partner & Associate,I am the mandate of a genuine and efficient provider for Fresh Cut Bank Guarantee (BG’/SBLC/BD) For credit enhancement, collateral, or to place into trade and commitment to purchase or a standby loan.Whether you are new starting up, medium or large establishment that needs a financial solution to fund/get your project started or an established business looking for
Total Posts: 1 Last post by cynassets
Financing a Business in Israel
Government Incentives
The Israeli government offers two main forms of incentives to UK businesses looking to invest in Israel. It is important to note that a business can only opt for one of the programs.
The Grants Program
Subject to approval from the IIS (Israel Investment Centre), government grants for up to 24% of a business tangible assets are offered to foreign investors. The grants vary according to the nature, size and location of the enterprise. The IIS is part of the Ministry of Industry Trade and Labor.
The Automatic Tax Benefits Program
Dependant on meeting certain criteria, tax breaks are available to foreign investors. With the breaks varying according to Israeli economic priorities, exemptions extend to 10 years of corporate tax exemption. The Israeli tax authorities run the program.
Research and Development Funds
Having passed the Law for the Encouragement of Industrial R&D, Israel invests around US$300million annually on supporting research projects for hi-tech entrepreneurship. The allocation of the funds is arranged through the Office of the Chief Scientist (OCS) in the Ministry of Industry and Trade and details can be found at www.investinisrael.gov.il
Private Finance
When seeking private finance, it is advised that you have a coherent business plan and that you have planned your enterprise thoroughly. It is often a good idea to consult an account prior to approaching lenders.
Israels banking market has three main banks; The Bank Leumi, Bank Hapoalim and Israel Discount Bank, which control around 75% of the market. The system is well regulated by the Central Bank of Israel. The HSBC bank also has a branch in Tel Aviv, which offers services for project financing and export credits.
Click here to Ask an Expert about Financing a Business in Israel
Organisations that can assist with Financing a Business
-
> Need to open a bank account in this country?
Business Banking advice Advice on which type of bank account would best suit your business. Help making payments – and getting paid.
