Yes, you can handle all of your Israeli accounting and tax in English. Shemesh CPA is a licensed Israeli accountancy firm that works with English-speaking companies, self-employed professionals and new residents throughout Israel. We cover bookkeeping, VAT and income tax filings, annual financial statements and correspondence with the tax authorities on your behalf, all in fluent English.
Because the details matter. Israeli tax letters, deadlines and forms are in Hebrew, and a misunderstanding can lead to fines or missed benefits. An English-speaking accountant explains every obligation in plain English, deals with the authorities in Hebrew for you, and keeps you on top of your file.
It depends on how you work. A self-employed person registers as osek patur or osek murshe, files VAT reports where required, pays income tax and National Insurance advances, and files an annual return. A company keeps double-entry books, files periodic reports and prepares audited annual financial statements. We set this up correctly from the start.
Start with a short conversation about your situation: what you do, how you are paid and whether you have income abroad. From there we register or take over your file, set up the reporting calendar, and handle the routine work while you focus on your business.
It depends on your turnover, your clients and how much of the profit you need to draw. Osek patur suits small activity below the annual ceiling and does not charge VAT. Osek murshe charges and reclaims VAT. A limited company is a separate entity with its own tax and reporting. We look at your numbers and explain the options in English before you register.
Yes. New immigrants and senior returning residents may be entitled to benefits, including an exemption on certain foreign-source income for a period of years. The conditions and reporting rules matter, so we check eligibility for your situation before you rely on it.
Do not ignore it, because response deadlines are short. Send us a copy, and we will explain in English what it means and respond to the authority on your behalf.
Your passport or teudat zehut, any registration documents if you already have a file, and any letters you have received from the authorities. If you are just starting out, a short description of the business is enough.
We handle the Israeli side only. US returns and FBAR need a US-qualified preparer, and we can provide them with the Israeli figures they need so both sides match.
| Osek patur | Osek murshe | Limited company | |
|---|---|---|---|
| Charges VAT to clients | No | Yes | Yes |
| Periodic VAT reports | No | Yes | Yes |
| Separate legal entity | No | No | Yes |
| Annual reporting | Personal tax return | Personal tax return | Audited financial statements and company return |
No. The entire engagement can be conducted in English, including correspondence with the tax authorities, which we handle on your behalf.
It depends on your circumstances and how your income is generated. The first step is a conversation to understand your situation before anything is filed or registered.
Yes. The firm serves clients throughout Israel, and most of the ongoing relationship is handled remotely.
No. We are a licensed Israeli CPA firm and handle Israeli tax and accounting only. We do not prepare US tax returns; if you also have US filing obligations, you will need a US tax preparer alongside us.
It usually is if you want to deal directly with the CPA responsible for your file and get answers without going through layers of staff. A large firm may suit a group that needs many specialists under one roof. The first conversation is the place to check the fit.
For most small businesses and self-employed clients, an Israeli accountancy firm keeps the books, files the periodic VAT and income tax reports, prepares the annual return, and deals with the tax authorities when questions come up. For companies it also prepares the annual financial statements and the audit. We do all of this in English.
Yes. We help you choose the right structure, whether osek patur, osek murshe or a limited company, and we handle the registration with the tax authorities and the National Insurance Institute, so you can start working with everything in order.
Most of the relationship is remote. Documents are shared digitally, questions are answered in English by email, WhatsApp or video call, and meetings are arranged when they are needed.