Invest in Israel
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Companies such as TATA,
Ybrant and Infosys already
have R&D presence in Israel.
Furthermore, Indian companies
also understand the potential
for advanced manufacturing
in Israel, with Wipro acquiring
H.R. Givon, an Israeli aerospace
components manufacturer,
and Jain Irrigation acquiring
NaanDan and Gavish - Israeli
agro-technology companies
I
n recent years,Israel has become a global
hub for innovation.This is mainly due to
an enabling ecosystem that is a blend of
multiple factors,creating a unique environment
that allows innovation to flourish.The main
factors contributing to this ecosystem are,
among others:world-class academia,a talented
workforce,presence of almost 300 R&D centers
of multinationals, a very active VC funding
and an entrepreneurial culture.
This spirit of innovation and entrepreneurship
is not confined to R&D and pervades other
activities like manufacturing, and more
generally the whole business ethos.
How to copewith the investment process
Another important component of this
ecosystem is the supportive government
policy. The Israeli Government is open for
business. As part of this effort, the Ministry
of Economy and Industry promotes foreign
investments in Israel, with programs and
services designed to address every phase
of the investment process.
A few examples:
• Tax Breaks:
Competitive industrial
enterprises that are listed in Israel are entitled
to preferred corporate tax rates that could be
single-digit tax rate if operating in National
Priority Regions (most of Israel's southern
and northern regions).
Israel's Business-Friendly Ecosystem
Invest in Israel introduces you to the Israeli Innovation
Ecosystem. More Indian companies can benefit from
the supportive government policy
• Grants for Capital:
Industrial companies
located in National Priority Regions can
receive grants of up to 30% of the approved
investment, covering investments in fixed
assets (equipment, buildings, furniture, etc.)
for a period of 5 years.
• R&D Grants:
The R&D Fund, operated by
the Israel Innovation Authority,allocates about
$250 million each year for high-tech activity
for companies in a variety of sectors and at
different stages of development.
Thus, one could see how comprehensive
governmental incentives –coupledwith Israel's
innovative edge -make Israel one of theworld’s
most attractive places for foreign investors.
Indian companies with presence in Israel
Indian companies are already starting to
recognize the opportunity in Israel.Companies
such as TATA,Ybrant and Infosys already have
R&D presence in Israel. Furthermore, Indian
companies also understand the potential
for advanced manufacturing in Israel, with
Wipro acquiring H.R.Givon,an Israeli aerospace
components manufacturer,and Jain Irrigation
acquiring NaanDan and Gavish - Israeli agro-
technology companies.
Role of Invest in India
We at Invest in Israel are here to help you.We
are a 'one-stop-shop' for foreign investment in
Ziva Eger, Chief Executive
at Foreign Investments
and Industrial Cooperation,
Ministry of Economy and
Industry, Israel
Israel.If you are an investor or a multinational
company, we will engage with you at
conferences abroad and in Israel and supply
information about the Israeli ecosystem,
escort you during your visit, answer follow-
up questions, help you navigate the Israeli
government set-up, deal with regulations,
and much more.In addition,we will be here
to assist you even after you have made your
investment - to ensure that you have the
best Invest in Israel experience.Please don't
hesitate to be in touch!
Tel Aviv Coastlin. photo by: © Sean Pavone, Dreamstime.com