Global Incentives Services practice of PwC Israel

לצפייה בעמוד זה: עברית
  • Assisting clients in obtaining Investment Center grants for investment in fixed assets.
  • Assisting clients in obtaining employment grants from the Investment Center.
  • Advising clients on how to obtain research and development grants under different schemes of the Chief Scientist Office.
  • Providing advisory and support services regarding the eligibility for significant tax benefits and reduced tax rates under the Law for the Encouragement of Capital Investments.
  • Assisting clients to obtain other incentives such as reduction of emission of greenhouse gases, the Angles law, exemption from mandatory tendering in allocation of land, etc.

The Global Incentives Services practice assists clients across a variety of industries to identify and obtain government funding, incentives and benefits which are offered, among other things, under the Encouragement of Capital Investments Law, and the Encouragement of Industrial Research and Development Law. We provide ongoing advisory services to a wide range of clients in different industries such as high-tech, life science, cleantech, traditional industry, etc. Our clients include a diverse range of businesses from start-up companies to multinational groups.

Our practice is unique in its deep business insights, extensive experience and in-depth professional knowledge on all aspects of Israeli incentive tracks. Our team includes a range of specialists in different fields, such as: life sciences, cleantech, IT, traditional industry, etc. These capabilities allow us to provide our clients with creative tailored solutions to individual business needs. In addition, our specialists work closely with policy makers and government agencies and are closely involved in ongoing revisions of Israeli encouragement laws.

Our Services 

  • Grants and Benefits for Investment

Investment in fixed assets grants – We provide advisory and planning services to assess eligibility for investment grants administrated by the Israel Investment Center. We assist clients in the preparation and filing of abusiness plan to maximize potential grants.

Tax benefits – We also provide advisory and planning services regarding the eligibility for tax benefits tracks administered by the Israel Tax Authority. We support our clients throughout all stages of pre-rulings relating to Israeli encouragement laws.

Employment grants - We advise clients in the process of selecting the Israel Investment Center employment benefit program that best suits their long- and short-term strategies. In addition, we assist clients in the preparation and filing of business plans that will optimize their eligibility for those grants.

  • R&D Grants and Benefits

The Office of the Chief Scientist (OCS) – competitive R&D grants, traditional industry grants, MAGNET program, etc.- We support our clients throughout the process of filing the application for an R&D grant, from defining a long-term and a short-term R&D program, R&D budget and marketing strategy to the drawing up of a formal business plan and supporting the company in the process of obtaining the grants.

International/bi-National funds - International support tracks enable joint R&D programs with foreign companies. We assist our clients to find suitable foreign counterparts for such joint ventures and provide advisory services regarding the preparation and filing of formal business plans to such funds, including BIRD Foundation, KORIL, CIIRDF, SIIRDF, Eureka, Eurostars and H2020.

Special certificates - We assist our clients to obtain special certificates from the Office of the Israel Chief Scientist which are required for obtaining tax benefits, such as a certificate under Section 20A to the Income Tax Ordinance, certificates relating to base turnover erosion, R&D carried out for a foreign resident, R&D intensive company, transfer of manufacture or Intellectual Property outside Israel and certificates regarding investment under the Angels law.

Our Approach

  • Tailored Solutions & Planning -Creating optimal solutions for our clients, while reviewing all available options and aligning them to their business model, operations and unique needs.
  • Creativity - finding unique out-of-the-box solutions designed to fully realize the business potential of the company by exploring all available support tracks.
  • Dynamic Support – we work closely with our clients while continuously monitoring changes and events relating to their business operations and guiding them to proactively identify and generate new business opportunities.
  • Uncompromising professionalism – our specialists have in-depth professional knowledge on all aspects of Israeli encouragement law and the government agencies in charge of the application thereof. Our highly skilled team members have extensive knowledge of judicial precedents and generally accepted practices. Leveraging the skills and knowledge of our specialists allows us to serve our Global Incentives Services clients with uncompromising professionalism, cutting through complexity to provide valuable insights including minute attention to legal aspects of incentive programs.

We will be happy to be of service to you.