Israel
Finance in Israel
Recent forum posts
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SBLC,BG, AVAILABLE.
Sir,We work with established UK-based financial institutions to facilitate access to a variety of bank-issued instruments for qualified clients. These services are available for structured financing, project funding, and trade facilitation. Bank Guarantees (BG) Standby Letters of Credit (SBLC) Documentary Letters of Credit (DLC) Pre-advice and Funds Allocation Messaging
Total Posts: 1 Last post by Georgii07
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#Business Finance, Loan Security, Project Funding, Trade finance, Any Financial Requirement above 1M USD/EURO via BGs/SBLCs/DLCs/LCs/MT799/MT700/MT760 all Cash & Assets Backed and Monetization.
Sir.,I work directly with a very close reliable and effective provider who engage in banking instruments such as BG, SBLC, DLC, LC, and more at lowest prices, can potentially be utilised for various financial needs, including monetisation, project financing, and trade activities.In addition, these instruments can be used as collateral or for participation in Public-Private Partnership (PPP
Total Posts: 1 Last post by Georgii07
Financing A Business in Israel
Government Incentives
The Israeli government offers two main forms of incentives to UK businesses looking to invest in Israel. It is important to note that a business can only opt for one of the programs.
The Grants Program
Subject to approval from the IIS (Israel Investment Centre), government grants for up to 24% of a business tangible assets are offered to foreign investors. The grants vary according to the nature, size and location of the enterprise. The IIS is part of the Ministry of Industry Trade and Labor.
The Automatic Tax Benefits Program
Dependant on meeting certain criteria, tax breaks are available to foreign investors. With the breaks varying according to Israeli economic priorities, exemptions extend to 10 years of corporate tax exemption. The Israeli tax authorities run the program.
Research and Development Funds
Having passed the Law for the Encouragement of Industrial R&D, Israel invests around US$300million annually on supporting research projects for hi-tech entrepreneurship. The allocation of the funds is arranged through the Office of the Chief Scientist (OCS) in the Ministry of Industry and Trade and details can be found at http://www.investinisrael.gov.il
Private Finance
When seeking private finance, it is advised that you have a coherent business plan and that you have planned your enterprise thoroughly. It is often a good idea to consult an account prior to approaching lenders.
Israels banking market has three main banks; The Bank Leumi, Bank Hapoalim and Israel Discount Bank, which control around 75% of the market. The system is well regulated by the Central Bank of Israel. The HSBC bank also has a branch in Tel Aviv, which offers services for project financing and export credits.
