Voucher Register
This is used to calculate VAT and other taxes. A business must use a cash register or computer program that tracks all sales for tax purposes.
Venture Capital
Venture capital is financing that investors provide to startup companies and small businesses that are believed to have long term growth potential. For startups without access to capital markets, venture capital is an essential source of money. Risk is typically high for investors, but the downside for the startup is that these venture capitalists usually […]
Vat Registration
Every business in Israel that earns over a specific amount, calculated on a calendar basis, must register with the VAT authorities. Currently, companies must add a 17% tax to every invoice. Businesses can deduct the VAT they owe suppliers against the VAT they collect and pay the difference. Running a business without VAT registration is […]
Vat Compliance
Global corporations must have a LOCAL address and representative for VAT purposes. VAT is paid on a monthly or bi-monthly basis. It takes the VAT that has been paid out and deduct the VAT that has been collected. If there is a positive balance, this is paid to the VAT authorities.