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Why is it worth opening a business in Israel?

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Israel is a country with a thriving industry. The country is famous for business tourism, the conclusion of profitable commercial transactions and business development in particular. Recently there has been an active immigration to Israel. All these reasons mainly served to attract business people.

Here, various large-scale exhibitions are regularly organized, within the framework of which one can get acquainted with the innovations of the IT market, the field of defense, medical services, agriculture, etc. Thus, thousands of business tourists are interested in visiting Israel every year. In turn, the country provides world-class travel services. To the attention of businessmen are offered five-star hotels for receiving business guests, rental of conference rooms, where you can organize a meeting or negotiations, rooms with innovative equipment for conducting presentations, as well as premium transportation services.

Why is it worth opening a business in Israel?

бизнес в израиле иммиграция в израиль

In September 2010, Israel became an official member of the Organization for Economic Cooperation and Development – the most authoritative association of states with a highly developed economy. According to the annual rating provided by the Institute of Management Development (Switzerland), Israel ranks 17th among the countries in the world in terms of competitiveness. Also, the Israeli economy is recognized as the best in overcoming the global crisis and ranks first in investment and development in research.

There are many companies offering services for the organization of business tourism in Israel. Firms provide an opportunity to get acquainted in detail with the country’s economy, business centers, partner opportunities, and quickly complete the necessary documents. Other services include the registration of business ideas with the help of professional lawyers, the solution of various types of issues, the implementation of diverse tasks.

To open a business in Israel is quite simple and in an independent order. As in other European countries, starting your own business in Israel is not particularly difficult. To do this, you need to go through a procedure consisting of three steps, representing visits to state institutions.

First you should visit the VAT collection organization and register your business. Next – come to the Organization for the Management of Income Taxes, where you need to submit documents obtained earlier, inform you about the opening of a new business and fill out several forms. The third and final step is to fill in the necessary forms in the National Insurance Administration.

It is worth remembering that some business areas require a number of additional documents. For a doctor or a lawyer – the presentation of relevant diplomas, for the driver of a large cargo – special rights, for the navigator – a patent that allows you to control the vessel and for electricians – permission to engage in this activity.

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