Do Israeli companies need to file income tax returns? What are the tax rates? When do I file?

All Israeli companies are required to file an annual corporate income tax return, even if the company is not in business. The Israeli income tax rate is 23%. Israeli companies are required to file their financial statements within five months of the end of their fiscal year (generally January 1 to December 31), or within three months of the end of the fiscal year if your company's fiscal year does not coincide with the calendar year.

How do I get a VAT number for my Israeli company? What are the tax rates? How long does it take to file?

TKEG Expat will apply for a VAT number for our clients after the registration of the company, usually within 3 to 5 working days. The VAT rate in Israel is 17% and the filing cycle is once a month.

Israeli basic accounting bookkeeping

Product Valid: Positive | Applicant Must Be Present: No | Applicable country/region: IL - Israel

Unit Price: EUR 2975 / Company

Remotely Process Your Israeli basic accounting bookkeeping

Elevate your business's financial management with our Israel Company Basic Accounting service, tailored to meet the needs of Israeli clients seeking reliable bookkeeping solutions. Our comprehensive service ensures your company’s business income is accurately recorded and compliant with tax authorities' regulations. We understand the complexities of the Israel corporate tax return process and are equipped to handle the nuances of corporate taxes, ensuring your taxable income is meticulously managed. By choosing our service, your company benefits from our expertise in capital gains tax, special tax considerations, and the application of tax treaties, which are crucial for foreign corporations subject to Israeli tax laws. Our skilled team assists in navigating the tax year with precision, optimizing tax credits, and ensuring all income generated is accurately reported. Whether dealing with foreign tax implications or passive income streams, we prioritize your business's financial health. Trust us to make your bookkeeping efficient and compliant, leveraging our understanding of the corporate tax rate and customs duties to streamline your operations. Experience the peace of mind that comes with knowing your financials are in expert hands, aligning with both local and international tax purposes.

Service Included

To provide Israeli clients with Israeli basic accounting bookkeeping services.

Number of services already included in this product: 0.00

Frequently Asked Questions

About Israel

Israel is a global innovation powerhouse known as the ‘Startup Nation’, with the highest density of tech startups per capita, world-class R&D capabilities, and leading sectors in cybersecurity and AI.

Policies on Foreign Direct Investment

Israel is open to foreign investment, with the government actively encouraging capital inflows. The “Invest in Israel” office under the Ministry of Economy serves as the national investment promotion agency, providing guidance on laws, taxation, incentives, and facilitating business contacts. It also organizes familiarization trips for potential investors and maintains advisory teams worldwide.

Free Trade Zones/Free Ports/Trade Facilitation

Israel has signed bilateral Qualified Industrial Zone (QIZ) agreements with Egypt and Jordan. The QIZ initiative allows Egypt and Jordan to export products to the United States duty-free, as long as these products contain inputs from Israel (8% in the Israel-Jordan QIZ agreement and 10.5% in the Israel-Egypt QIZ agreement). Products manufactured in QIZs must comply with strict rules of origin.

Capital Markets and Securities Investment

The Israeli government supports foreign securities investment. The Tel Aviv Stock Exchange (TASE) is Israel’s sole public securities exchange. Financial institutions extend credit under market conditions, and recent regulatory reforms have strengthened lending practices, reduced concentration risk, and improved market transparency.

Investment Incentives

Israel offers a wide range of incentives for investors in industry, tourism, and real estate. The Ministry of Economy prioritizes investments in high-tech companies and R&D activities. Most investment incentives available to Israeli citizens also apply to foreign investors. The Investment Encouragement Law outlines comprehensive incentive programs coordinated by the Investment Promotion Center.

Israel Tax Brief

Data Source PwC World Tax Summary
OCED Statistic

Time of Update 4/04/2026

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