Types of Registered Corporations<\/strong><\/h4>\n

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There are several types of registered corporations in Israel. For example, the private company and the registered association (nonprofit or amutah<\/em> in Hebrew). You may also register a foreign company, which is a company in every respect, subject to the Companies\u2019 Law, but perceived as an extension of the foreign corporation, and thus not subject to all tax requirements or benefits. There is also a possibility for a company, whether a private local one or a foreign one, to be registered as a nonprofit company — a hybrid between a company and a registered (nonprofit) association, also known as a charitable company or public benefit company.<\/p>\n

In other words, as a foreign nonprofit company, you have a few options. First, you can open a new local independent amutah<\/em> or start a local nonprofit company owned by your foreign corporation. The latter option would be a subsidiary \u201cdaughter\u201d company owning all the shares. Another option is to register your foreign company within Israel as the aforementioned extension of your existing corporation. Then you can have this foreign company extension in Israel officially recognized as a nonprofit company, thus being a foreign corporation, and local company, and nonprofit organization.<\/p>\n