Being a merchant in Israel
You are a retailer in Israel (ready-to-wear store, food store manager, furniture store manager, publisher, equipment rental company, etc.).
The close relationship you maintain with your customers makes you a key player in Israel's economic life. Your passion for your profession and your desire for independence are the driving forces behind your success.
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As a true entrepreneur, you must also ensure the proper management of your business:
- Keeping accounts
- Pay your charges
- Monitor your cash flow
- Let people know about you
- Building customer loyalty
In Israel, the chartered accountant is a privileged advisor for the businessman. He is a competent professional who will advise and support you on a daily basis to help you optimize the management of your business.
Chartered accountants offer a wide range of accounting, tax, social security and legal services to their clients.
He is involved in the day-to-day management of your company, but also in the exceptional situations of your company's life cycle. He can support you in your dealings with bankers and lawyers, as well as in your relations with customers, suppliers and government authorities.
OUR SUPPORT SERVICES
Accounting support for retailers in Israel
One of the first tasks of a chartered accountant is to draw up your balance sheet.
Once a year, a retailer must produce his annual accounts to declare his sales and calculate his profit.
It's also the time to take stock of your business over the past twelve months, and to receive advice for your future projects.
How much cash did you manage to generate over the past year?
Can you invest in new equipment?
Can you release credit for a marketing budget?
Retailers are often "alone" in their decision-making process. A chartered accountant can be at your side throughout the year, helping you draw up interim balance sheets and management charts, or simply meeting with you to advise you.
The chartered accountant can also help and advise you on drawing up your invoices and estimates, and on the choice of invoicing software.
In Israel, several companies offer cash register solutions. Ask us about the best accounting software for your needs!
Tax support for retailers in Israel
When it comes to tax declarations, your certified public accountant in Israel can help you make the tax declarations required for your business. (Maam - Israeli VAT, Mas Ahnassa - Israeli income tax, Bitouah Leoumi - social security contributions).
He is also on hand to provide advice and expertise on all your tax-related questions. (Application of VAT rates, VAT deductibility, tax credits, tax optimization in Israel).
For your tax return in Israel, you need to complete form 1301. Don't hesitate to ask us for advice. We can prepare your tax return for you, so that you can estimate your tax liability several months in advance.
We can also advise you on how to reduce your tax burden.
Social support for retailers
If you have employees, our firm of chartered accountants can draw up your company's payslips and social security declarations in Israel.
We can also guide you if you want to hire or terminate an employee: your chartered accountant can take care of hiring declarations, draw up employment contracts or amendments, and assist you with dismissal procedures or severance agreements.
Entrepreneurs who are registered as Ossek Mouche can turn to their chartered accountant to draw up the declaration that will serve as the basis for calculating their social security contributions. This declaration must be sent to the Bitouah Léoumi.
Our firm of chartered accountants can advise merchants who contribute to Bitouah Leoumi, helping them to plan their contributions in advance, spread them out or reduce them in the event of temporary cash-flow difficulties.
Social support for retailers
As a merchant in Israel, you can work as a sole proprietor or in a company.
Our firm of chartered accountants in Israel can advise you and help you with the legal formalities, for the approval of your annual accounts (general meetings, etc.), for changes in your business, and even for the sale or closure of your business.
Dray & Natco's firm of chartered accountants is there to advise you throughout the life of your company, answering all your questions about choosing or changing the legal form of your business. (Hevra Baam, SCI, sole proprietorship - Ossek Mourche or Ossek Patour). He is in the best position to explain and advise you on all the tax, social and legal consequences of these issues.
At your side at every stage of your business life, our team, backed by its experience with retailers - who represent a large proportion of the firm's clientele - relieves you of the constraints associated with managing your business, and of administrative, accounting, legal, tax and social obligations. This means you can devote yourself fully to your business.
By working alongside you to facilitate your development in Israel, we are committed to the success of your business, helping you to make the right decisions and secure your professional projects.
Don't hesitate to contact our firm to arrange a free initial meeting, which will enable you to fully appreciate the skills and services of Dray & Natco.
A wide range of skills
Dray & Dray's full range of expertise can be seen throughout the pages of our website.
For your business in Israel, hiring a chartered accountant to support you will give you a truly privileged partner who will provide you with expert advice throughout the life of your company.
Our accounting firm in Jerusalem fully understands the needs of Israeli retailers. We offer specifically tailored support so that you can concentrate on your core business. That which gives you added value, freeing you from the day-to-day management of your company's accounts.
Specialist accountants for retailers
With many years' experience in assisting merchants on a daily basis, our team has learned to understand the specific problems faced by merchants in Israel, and can provide concrete, immediately operational solutions. Our firm keeps a close eye on your business sector, so that you're always up to date with the latest news in Israel.
Close proximity and in-depth knowledge of local conditions
Dray & Dray has been present in Israel for over 20 years, with offices in all major Israeli cities, and is a key player in the local economic fabric for French speakers in Israel. Our firm is fully integrated into local life, knowing the players and the specificities to guide you effectively.
A team of specialists at the service of service companies in Israel
We're always available to answer any questions you may have, whether in the field of tax or social security, and we'll get back to you as quickly as possible with the best answers.