Israel Desk
As a tax consultant, we are very familiar with Israel
For many years, larger companies with their parent company based in Israel have entrusted us with the tax advice of their German subsidiaries.
Some of the parent companies are listed in the USA. We work for them mainly in the area of financial compliance but also in all areas of tax advice, such as transfer pricing or VAT reports. German companies wishing to invest in Israel make use of our valuable advice and contacts to Israeli tax advisors and lawyers.
Benefitax is a member of the AHK Israel (German-Israeli Chamber of Commerce Abroad) in Tel Aviv, the official representation of the German economy. This serves to maintain and improve bilateral trade relations and investments between Israel and Germany. It includes Benefitax on its list of recommended tax firms in Germany.
Israel Desk as a one-stop store
Our Israeli clients use the Israel Desk primarily as a coordinator and intermediary and as a central point of contact for all kinds of questions. Our managing director Oliver Biernat is primarily responsible for this. In addition, all our employees speak English. We support Israeli companies that want to establish or expand their business in Germany. And we can take care of the entire financial compliance process on request.
Benefitax offers all kinds of tax and accounting services for your business in Germany. As part of our tax consulting services, we are commissioned, for example, to provide expert opinions on cross-border VAT issues, transfer pricing or international tax planning.
If the purchase of a German company is intended, we offer comprehensive M&A services. These primarily include due diligence and company valuation.
Our experiences in Israel
Mr. Biernat occasionally visits our clients and cooperation partners in Israel or participates in conferences there. In 2019, GGI ‘s International Tax Law practice group, which he has headed since 2008, held a conference with over 40 tax experts in Tel Aviv.
He has also traveled to Israel several times in his private life and was thrilled by the view from Mount Carmel in Haifa, the wineries in the Golan Heights, swimming in the Dead Sea, the view over Jerusalem or his favorite jogging route from Tel Aviv to Jaffa along the sea.
In 2024, he will give online lectures to Israeli companies on topics such as “Why should you build up a second foothold in Germany? Introduction in the legal and tax framework of setting-up and running a company in Germany”. These are usually organized by the AHK Israel or the Israel Export Institute. Annabelle Ganapol, a partner and lawyer at our cooperation partner Ferox Legal, will be responsible for the legal part. She is also a judge at the court of the Central Council of Jews in Germany.
Experiences with Israeli companies in Germany
Benefitax has an excellent network in Germany. We are well known to the staff responsible for Israel at the Frankfurt Chamber of Industry and Commerce, FrankfurtRheinMain GmbH and Hessen Trade & Invest GmbH. We cooperate with Maike Diehl from Diehl Relations GmbH, who works a lot for Israeli companies.
We cooperate with FPS Rechtsanwälte and Ferox Legal Rechtsanwälte, both of which have a successful Israel Desk in Frankfurt.
We take part in the Future Talks – Cyber, Tech & Trust in Frankfurt, where Israeli companies regularly present themselves.
Israeli companies are generally very successful in Germany because they offer innovative products and adapt quickly. Compliance and answering questions quickly and correctly is extremely important to them. The financial data of the German unit must be regularly transferred to Group controlling. These tasks are complex. Benefitax is a good alternative to the Big 4 auditing companies, offering a high level of expertise at moderate fees.
Our office is only 20 minutes away from Frankfurt International Airport and is located in the German financial center of Frankfurt am Main with excellent infrastructure. Contact us if you would like to find out more about our Israel Desk services and receive a quote.
