The State of Israel encourages both local and foreign investment by offering a wide range of incentives and benefits to investors in the industry; Special emphasis is given to hi-tech companies and R&D activities.
Investment Incentives - Investment incentives are outlined in the Law for the Encouragement of Capital Investment, and are coordinated by the Israel Investment Center.
R&D Incentives and Benefits
Training Support Program
The Israeli hi-tech industry is considered as one of the leading technology centers in the world. In order to leverage this position, the Office of the Chief Scientist (OCS) of the Israeli Ministry of Industry offers various programs to support industrial R&D and cultivate innovative entrepreneurship. These programs are aimed to enhance the Israeli economy by encourage technological advances and empower the knowledge base industries.
The OCS programs support a wide-range of R&D driven activities for both the industry and academia. Conditional and non-refundable grants, as well as other incentives, are available in every stage of the company's or initiative's lifecycle, starting from local pre-seed to multinational landscape. Inter alia, the OCS offers a special program to promote R&D in traditional industries.
Deloitte has established a global network of highly qualified and experienced individuals to deliver a seamless, unrivalled service designed to optimize R&D related incentives.