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Are their any special tax incentives when setting us a US company in Israel?

US Corporation In Israel
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William Keats
The State of Israel encourages both local and foreign investment by offering a wide range of incentives and benefits to investors in industry, tourism, real estate, and particularly to high-tech companies and for Research & Development activities. They offer employment grants, taxation benefits for foreign investors in Israeli Investment Funds, Business Grants for employing new immigrants, employment programs for minority communities. There are a lot more positives.
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