Israel is often referred to as the “Startup Nation” due to its high concentration of startups, particularly in the tech sector. The country’s economy is highly diversified, with major industries including technology, cybersecurity, pharmaceuticals, agriculture, and defense.
Israel’s commitment to research and development (R&D) is one of the highest in the world, and it offers various tax incentives and government grants to support innovation-driven businesses. The country’s advanced infrastructure, highly educated workforce, and strategic location further contribute to its status as a global business hub.
Israel’s strategic location in the Middle East allows it to serve as a bridge between Europe, Asia, and Africa. Despite being in a region with complex political dynamics, Israel maintains strong trade and diplomatic relations with major economies, including the United States, the European Union, and growing ties with countries in the Middle East and Asia. Israel’s membership in the Organisation for Economic Co-operation and Development (OECD) further strengthens its global economic standing, providing companies with access to international markets and trade networks.
Reach out to us to learn more about the benefits and opportunities of incorporating a company in Israel.