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Governmental Incentives  

The state of Israel supports its investment initiatives by developing and granting a wide range of incentives and tax benefits. One of the essential tools for attracting major investments is the Law for Encouragement of Capital Investments ("the Law"). 

At the end of 2010, the Knesset (the Israeli parliament) had decided on the 68 amendment of the Law, which concludes an extensive reform of the Law, which would be applied on income attributed starting January 1, 2011. the amendment intruduced a lower flat tax rate for the company's preferred income which can be as low as 5%.  

Crowe Horwath (Israel) provides the Incentives Service Program to enable you obtaining the benefits and grants you may be eligible for according to the Law for Encouragement of Capital Investments, and other grant schemes announced by the ministry of Industry, Trade & Labor from time to time.  

We also provide services regarding governmental grants from the Chief Scientist for Research and Development for high-tech and bio-technology programs as well as R&D of industrial enterprises.