If you want to run your business legally in accordance with all generally accepted standards as well as protect yourself, your product, and money, you need to use accounting services. A successful business with a decent income is impossible without such procedures as accounting and auditing. A reliable professional in this field is your guarantee of stable business development.
Especially when it comes to the business management system in Israel, where there is quite a strict tax policy, it is necessary to pay attention to accounting and auditing. So, before starting a new business or launching a new project in Rishon Lezion, use the consulting service of an experienced accountant in Rishon Lezion.
There is a list of accounting services that would be useful for your business:
- Tax consulting
- Accounting system support
- Financial audit and support
- Keeping a payroll
- Working with loans for business development
- Financial software creation and support
Detailed information about these and other accounting services could be found on the official website (https://auditing.co.il/en/) of the leading accounting agencies in Rishon Lezion.
In addition, it is important to familiarize yourself with the peculiarities of the tax system in the region. Whenever you decide to build your business in Rishon Lezion, Tel Aviv, or Haifa, local tax policy would have a great impact on the planning of your business.
You should consider taxes before starting a business in Israel as due to the high tax percentage, not every business becomes a successful one. For example, the capital tax in Israel is 45%. In addition, there are double taxes for companies, which include income tax (36%) and dividend tax (25%). The tax for non-profit organizations is 17%. However, companies that work in the agricultural sector are not taxed due to the government’s support for this field. Nowadays, in Israel, the agricultural sector is the most demanded branch of the economy.