Forming a new company

Forming a company / starting a new business activity is an important step in the direction of economic independence.

 Achieving independence may be a great way to fulfill your dreams and increase your revenue. Before embarking on path, detailed planning is required. It is also important to acknowledge the risks of transferring from being an employee to becoming an owner.

Success of the company / new activity depends on many factors, so careful planning at the initial stages is crucial to the success of the company / activity.

In Israel, several modes of union are possible. You will need to choose the most appropriate form of association for you: small vendor, licensed practitioner, Partnership or Limited Company. These decisions are usually based on cost and tax considerations, the scope of activity, number of employees, owners and responsibilities.