preface

PREFACE
This publication has been prepared by BDO Israel to provide our clients,
associates and foreign investors with an overview of Israel’s economy and
business environment.
Our goal in this publication is to summarize useful information that will
provide our readers with a “taste” of Israel. The publication aims to cover most,
but not all, aspects of doing business in Israel and therefore should not be
considered as a manual or a textbook on this subject.
Prior to making any decision regarding investment in Israel it is advisable to
consult with Israeli economic consultants in the relevant sector. Our partners
and associates at BDO Israel provide reliable and professional service to all
investors that are considering investments in Israel.
BDO Israel is one of the leading accounting firms in the banking and financing
sectors in addition to our proven leadership in other sectors such as, health care,
real estate, high-tech, and as a principal financial service provider to Israeli
government offices in Israel.
BDO is the fifth largest international network with combined revenues of
approximately €3.9 billion. BDO has 1,082 offices in 119 countries worldwide
and a total of approximately 46,930 partners and professional staff.
The information presented in this publication was updated in February 2011
based on data available at time of print. The publication is intended for
information purposes only and does not in any way replace or amend any of the
laws and regulations presented here.
We thank Gideon Fisher & Co. Law Offices for their assistance in reviewing
some of the chapters in this publication.
Although we have conducted extensive research in order to prepare this
publication, we are not responsible for any inaccuracies herein.