Yes, the tax system in Israel is far more advantageous than in France.It's a fact: whether you're an employee, a pensioner, a business owner or just a consumer, you'll pay less tax in Israel than in France. Without going into all the tax advantages in detail, we'll just mention the main differences here:
- VAT (Maam - מעמ).
What is the VAT rate in Israel?In Israel, the VAT rate has been reduced to 17% since October 2015. Not to mention the many basic items that are subsidized by the Israeli government (e.g. milk, bread etc...), the value-added tax is significantly lower than in France, where the current rate is 20% VAT. This relatively low rate encourages consumption in Israel, much to the delight of Israeli companies. See also It's possible to be VAT-exempt in Israel!
Choosing your status in Israel is one of the most important decisions you will have to make for your business..Ask our team of experts to help you make the right choice for your project. Here is a detailed description of the 3 most popular legal forms for opening a business in Israel:
- Sole trader (Ossek Mourchei / Ossek Patour).
- Limited liability company: Hevra Baam - ( חברה בעמ).
- Non-profit association (עמותה - מלכר).