Organizations undergoing growth are closely examining funding and assistance options from various sources, including international organizations and government sources, which offer a range of incentives and government support in addition to or instead of bank or private channels.
The State of Israel and various voluntary bodies (Israeli and international) are interested in encouraging economic activities. The encouragement is provided through tax exemptions and reliefs, grants, and/or support.
Examples of incentive and support providers:
The Israel Innovation Authority / Chief Scientist
• Investment Center and Tax Authority.
• Ministry of Economy and Industry (including for employment incentives and marketing encouragement)
International Funds
• Other aid funds (such as: The Fund for Small and Medium Businesses; The Exporters' Loan Fund; Manufacturers Association of Israel)
In the office, there is a team of accountants who consolidate knowledge bases on incentives and grants. Team members participate in client think tanks when considering a new venture and assist in building the venture's budget and preparing the incentive/grant application.
The Barzily firm has extensive knowledge and experience in the field of incentives and subsidies, stemming from our work with clients, as well as from our role as auditors and consultants for and on behalf of the entities that allocate these budgets and subsidies.
Areas of activity:
- Consultation and identification of incentives and support offered for the activity under examination.
- Guidance on the criteria that qualify for an incentive or support.
- Assistance with drafting requests.
- Assistance with submitting regular reports required by the authorities and issuing necessary CPA certificates.
- Editing and review of performance reports.
- Representation before the motivating factors.
- Assistance in building a control and reporting tool in accordance with the requirements of supporting/budgeting bodies.
Our clients include industrial companies, high-tech companies, exporters, non-profit organizations, and more. Our clients range from entities that have been active for decades to new ventures.
These services are based on our commitment to providing high-quality, fast service to our clients, and to finding relevant business opportunities for them. All of this is done while maintaining professional, caring, and objective service.
