US Financial Solutions for Israeli Startups
The US market presents a vast opportunity for Israeli startups seeking to scale up their operations and reach a broader venture opportunities and customer base. Navigating the complexities of the American financial landscape which entails local financial regulations, tax laws and labor relations requires careful planning and strategic financial solutions. The costs of operating a business in the US are nothing like the Israeli costs, from payroll and benefits to rent, logistics and shipping, business licensing and different local taxes. Awareness of these unique challenges along with expert guidance on US compliance optimizes financial performance, minimizes tax burdens and protects the company from legal pitfalls.
As we witness a recent trend of setting up a US holding company it is extremely important to take into account that operating a US entity can be quite costly, as tax and other compliance requirements apply as soon as the company is incorporated, regardless of operations or profitability.
In the initial planning of the US operations, it is crucial to address the following considerations:
- Company structure – US parent or US subsidiary?
- IP ownership –
- Legal IP vs. Economic IP
- Applicable government grants
- Budget – Has enough money been raised to support the US activities?
- Timing – Is the company ready to go to the US market at this point?
- Business location – Tax liabilities and filing requirements
Brooks-Keret: The Financial Partner For You
Brooks-Keret is a leading provider of financial solutions for Israeli startups seeking to expand into the US market. Our team of experts offers a comprehensive range of services, including financial planning and regulatory compliance. We understand the unique challenges faced by Israeli startups and provide customized solutions to ensure a smooth and successful entry into the US market. With Brooks-Keret as your financial partner, you can focus on growing your business while we handle the complexities of US financial management.
This article was written by Ayelet Shtaub, Partner & CFO, Head of US Services
