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Olim rights

Opening a Business in Israel.

Olim rights

Opening a Business in Israel.

YOU ARE NOT ALONE – WE ARE HERE FOR YOU!

New and Old Olim Rights

YOU ARE NOT ALONE – WE ARE HERE FOR YOU!

New and Old Olim Rights

WHICH STEPS YOU SHOULD TAKE BEFORE OPENING A BUSINESS IN ISRAEL? - OLIM RIGHTS

The following offers crucial insights for new and old Olim in Israel who are considering starting their own business. It details your rights, benefits, and the process of navigating the Israeli system. If you're feeling trapped in your current job and aspire to launch a venture that appeals to both Israelis and international customers, this is for you. It's particularly helpful for those with creative ideas who wish to transform into a business in Israel.

WHICH STEPS YOU SHOULD TAKE BEFORE OPENING A BUSINESS IN ISRAEL? - OLIM RIGHTS

The following offers crucial insights for new and old Olim in Israel who are considering starting their own business. It details your rights, benefits, and the process of navigating the Israeli system. If you're feeling trapped in your current job and aspire to launch a venture that appeals to both Israelis and international customers, this is for you. It's particularly helpful for those with creative ideas who wish to transform into a business in Israel.

The journey from the security of regular employment to entrepreneurship requires courage, especially in a new country like Israel. However, starting a business comes with its own set of challenges, including bureaucracy, funding issues, and unfamiliarity with local market dynamics. Here, we aim to answer the tough questions and provide the necessary information to successfully establish a business in Israel, helping you begin this exciting new chapter in the Holy Land. Let’s begin!

The journey from the security of regular employment to entrepreneurship requires courage, especially in a new country like Israel. However, starting a business comes with its own set of challenges, including bureaucracy, funding issues, and unfamiliarity with local market dynamics. Here, we aim to answer the tough questions and provide the necessary information to successfully establish a business in Israel, helping you begin this exciting new chapter in the Holy Land. Let’s begin!

Olim Business Benefits

So, let’s dive in and look at the unique benefits you receive just by being new or old Olim. The government offers many things: The Ministry of Absorption and the Economy Ministry provide large and significant benefits to help Olim like you, as well as returning minors or returning residents, succeed in establishing your own business, and they want you to succeed, as you are part of the fabric of Israeli society and what makes it great!

Olim Business Benefits

So, let’s dive in and look at the unique benefits you receive just by being new or old Olim. The government offers many things: The Ministry of Absorption and the Economy Ministry provide large and significant benefits to help Olim like you, as well as returning minors or returning residents, succeed in establishing your own business, and they want you to succeed, as you are part of the fabric of Israeli society and what makes it great!

Olim Business Benefits

Sponsored by the government!

You can get up to 20 FREE or inexpensive consulting hours offered in both English and Hebrew and this is precisely what you get out of those 20 hours:

1. A professional business plan

2. An explanation of the Israeli market and how it operates

3. Dedicated time to the development of the business plan

4. Lessons in finance

5. FREE Marketing help – SEO (Search Engine Optimization), social
media tools and skills (Facebook, Instagram, Google), old school
marketing methods (that really work), and so much more…

6. Assistance in obtaining BUSINESS LOANS through government funds – YES!! This can be done!

7. Free or affordable workshops – in a wide range of topics: finance,
marketing, imports, and many more…

Olim Business Benefits

You can get up to 20 FREE or inexpensive consulting hours offered in both English and Hebrew and this is precisely what you get out of those 20 hours:

Sponsored by the government!

1. A professional business plan

2. An explanation of the Israeli market and how it operates

3. Dedicated time to the development of the business plan

4. Lessons in finance

5. FREE Marketing help – SEO (Search Engine Optimization), social
media tools and skills (Facebook, Instagram, Google), old school
marketing methods (that really work), and so much more…

6. Assistance in obtaining BUSINESS LOANS through government funds – YES!!
This can be done!

7. Free or affordable workshops – in a wide range of topics: finance,
marketing, imports, and many more…

 

Which Olim Qualify for Business Benefits?

Everyone can get our help!

Everyone can get our help, and the government sponsors it:
• You are a new Oleh/Olah or a returning minor – having made Aliyah within a period of 10 years.
• You are a returning resident – having returned within a period of two years in Israel.

For the rest, you also have a benefit with your business!

• You can get sponsored business and marketing consulting from the Economic Ministry – between 15 to 20 hours – with a professional consultant.
• The hourly fee is only 80 NIS instead of the regular price of 400 NIS for a private consultant.
• For more information, please send us your details, or you can contact “Maof for businesses.”

How to Register Your Business in Israel

The good news is that we help you register your business for free, whether it is an Osek Patur or an Osek Mursha. Your business’s classification changes with the monthly amount of money it makes; for example, the Osek Patur is exempt from paying VAT.

Which Olim Qualify for Business Benefits?

Everyone can get our help!

Everyone can get our help, and the government sponsors it:
• You are a new Oleh/Olah or a returning minor – having made Aliyah within a period of 10 years.
• You are a returning resident – having returned within a period of two years in Israel.

For the rest, you also have a benefit with your business!

• You can get sponsored business and marketing consulting from the Economic Ministry – between 15 to 20 hours – with a professional consultant.
• The hourly fee is only 80 NIS instead of the regular price of 400 NIS for a private consultant.
• For more information, please send us your details, or you can contact “Maof for businesses.”

How to Register Your Business in Israel

The good news is that we help you register your business for free, whether it is an Osek Patur or an Osek Mursha. Your business’s classification changes with the monthly amount of money it makes; for example, the Osek Patur is exempt from paying VAT.

"If you take the leap, 

you get to wonderful places"

How to Register Your Business in Israel

  1. Arrive at the VAT office in the city where you live. Sometimes, you have to go back again to bring missing documents, so it’s worth being well-prepared with everything you need.
  2. After the VAT office, you must go to the income tax office.
  3. After the income tax office, you must go to the national insurance (Bituach Leumi) office. This can take many hours over a few days.

OR

An accountant will do this in a few minutes. They submit all the documents through the VAT, income tax, and social security sites. They usually charge between 700 and 800 Shekels.

OR

We will register your business FREE of charge (Osek Patur or Osek Murshe) and without obligation to work with our accountant. However, if you choose to work with our accountant, they will charge an amount when submitting your tax reports.

How to Register Your Business in Israel

  1. Arrive at the VAT office in the city where you live. Sometimes, you have to go back again to bring missing documents, so it’s worth being well-prepared with everything you need.
  2. After the VAT office, you must go to the income tax office.
  3. After the income tax office, you must go to the national insurance (Bituach Leumi) office. This can take many hours over a few days.

OR

An accountant will do this in a few minutes. They submit all the documents through the VAT, income tax, and social security sites. They usually charge between 700 and 800 Shekels.

OR

We will register your business FREE of charge (Osek Patur or Osek Murshe) and without obligation to work with our accountant. However, if you choose to work with our accountant, they will charge an amount when submitting your tax reports.

Amazing Benefits for New and Old Olim that are Our Customers

Amazing Benefits for New and Old Olim that are Our Customers

Income Tax Benefits

• Every Oleh/Olah is entitled to a tax benefit for the first 42 months after making Aliyah.

• In the first 18 months of immigration, you are entitled to a tax benefit of 3 credit points per month, which reduces your monthly tax liability by NIS 726.

• In the following 12 months, you receive 2 credit points, i.e., a monthly tax benefit of 484 NIS.

• You are entitled to one credit point – 242 NIS- per month for the next 12 months.

• These credit points are in addition to the credit points that every Israeli resident is entitled to.

• If you are an Oleh/Olah or a returning minor and have no income or earn less than NIS 528 up to 6 months from the date of immigration, you don’t need to pay health insurance tax (Kupat Holim).

Income Tax Benefits

• Every Oleh/Olah is entitled to a tax benefit for the first 42 months after making Aliyah.

• In the first 18 months of immigration, you are entitled to a tax benefit of 3 credit points per month, which reduces your monthly tax liability by NIS 726.

• In the following 12 months, you receive 2 credit points, i.e., a monthly tax benefit of 484 NIS.

• You are entitled to one credit point – 242 NIS- per month for the next 12 months.

• These credit points are in addition to the credit points that every Israeli resident is entitled to.

• If you are an Oleh/Olah or a returning minor and have no income or earn less than NIS 528 up to 6 months from the date of immigration, you don’t need to pay health insurance tax (Kupat Holim).

For Receiving Benefits and More Information Contact:

To get the FREE or inexpensive services and for more information about your rights, please send us your details: