An employer of record, sometimes known as an international PEO can help you quickly hire and onboard workers in Israel – often with just two weeks’ notice. Establishing your own local entity without risk and saving costs, this type of service makes an EOR in Israel worth checking out!
Often known as the ‘Holy Land’ thanks to housing Jerusalem — the holiest city in the world for many religions — Israel is also home to a vast array of historic sites, diverse scenery, the Dead Sea and a vibrant coffee culture (it’s the only country where Starbucks failed to break into the local market!).
Despite its rich history, Israel is arguably one of the most westernised economies in the Middle East. As a result, the country’s job market is lucrative and booming, especially in the technology, economy and scientific advancement sectors. What’s more, Israel is also known as the ‘Start-up Nation’ of the world — excellent news for entrepreneurial spirits looking to take the next step in their global expansion journey.
Israeli business law is based mainly on the British system, and English is widely spoken, which is ideal for English-speaking companies looking to tap into the Middle East. An open and liberal FDI (foreign direct investment) regime, incentives such as tax breaks and a free trade relationship with the EU also make Israel an attractive move for many international businesses.