How do I open a company in Israel as a foreign resident?

A foreign resident can own and operate an Israeli company. Incorporation involves registering with the Registrar of Companies, opening files with the tax authorities and National Insurance where relevant, and arranging banking. The registration itself is fast; what takes time is banking and the surrounding setup.

Do I need to be physically in Israel to incorporate?

Not for the registration itself, which can generally be handled by representation. Banking usually involves more direct engagement.

Do I need an Israeli director or shareholder?

An Israeli company can be wholly foreign-owned. Practical considerations around banking and day-to-day administration often influence the structure chosen.

How long does the whole process take?

Registration is quick. Realistic planning should assume the banking stage dominates the timeline.