Yardeni, Gelfand, Aberman & Co. provides auditing and periodical financial review services to companies, organizations, partnerships, associations, non-profits and various sector businesses such as Hi-Tech, services, commerce, industry, technology and information, real estate and more.
Auditing services are at the heart of our activities, run by an experienced and professional staff with decades of experience in managing and applying auditing processes in accordance with Israeli accounting standards and international IFRS standards.
Taxes
Our firm’s tax department provides taxation services to companies and corporations, advises our clients on international and local taxation, and represents our clients to the tax authorities.
The department provides tax consultation for independents, individuals and shareholders regarding individual taxation, VAT, national insurance, submission of annual and ongoing reports, and exposure.
The tax department at Yardeni, Gelfand, Aberman & Co. is comprised of accountants and tax advisors, providing a detailed look while getting the bigger picture of the client’s best interests.
The department’s team allows the firm to provide services to Israeli companies as well as foreign companies looking to be financially active in Israel.
Foreign companies
Foreign companies interested in establishing local branches in Israel are obligated to start a record and register with the Israeli tax authorities before starting their operations. They therefore need support and guidance from professional factors who are well-versed in the requirements of local laws.
Our foreign companies department provides financial management, budget management, VAT representation, accounting and other services.
Our firm will act to register and start the required records with the authorities for foreign companies in Israel. Our firm’s staff is skilled at supporting local branches, whether this includes reports to VAT authorities on dates set by law, keeping up with budgetary restrictions of said global companies, keeping in direct contact with the companies abroad, providing constant updates on branch activity and relevant tax issues, or drafting annual financial reports for Israeli tax authorities.
Individuals (Managing and Supporting Licensed Dealers)
Our individuals department provides complete cover of services for licensed dealers.
The service includes, among other things, starting records with tax authorities and National Insurance, managing and following up on accounting logs, constant communication with the tax authorities, aiding in preparing declarations of capital and submission of annual tax reports.
The constant follow-up and support are vital for correctly managing the business in accordance with the law, so you can have the peace of mind to make future decisions. The services are tailor-fit for each business per its activities.
Accounting and payroll
The accounting department provides bookkeeping services, bank and credit card adjustments, and account action logs while being supported by computerized tools and programs to make sure the services provided are precise and up-to-date, aligned with the business’ activity and meeting all legal standards.
Payroll services are offered to companies and businesses interested in outsourcing their managers’ or employees’ wages. There is great significance to professional knowledge in payroll, while being aware of labor law and tax authority legal requirements.
Encouragement and Grants Laws
There are encouragement and grants laws available in Israel for several employment branches in the market, mainly industry, real estate and Hi-Tech companies, by way of incentives, grants and tax benefits.
Our firm helps keep our clients up-to-date on their rights. The support begins with the initial stage of a grant eligibility check, through submitting periodical reports and all the way to the receipt of authority certifications.
The encouragement and grant laws are versatile and include, among other things, Angel’s Law for start-up investors, tax benefits for residential rental buildings, grants from the Chief Scientist and tax benefits for preferred factories, and so on.
Trusts
Our firm provides trustee services, including taxation aspects, asset management, report deciphering, consultation and ongoing support.
Our firm has significant experience managing venture capital trustees and all their unique aspects, including supporting the trustee and regulating “Carried Interest” for the General Partners, division of main partner profits, calculating and deducting necessary taxes and issuing annual certifications for tax authorities.
Additional Services
Companies interested in receiving accountant and financial management services can contact our team of experts, and they will make sure to manage your financial department via a periodical reporting package, depending on the client’s needs; managing cashflow; preparing budgets; processing financial data and monitoring accountant departments.
The accountant is done in coordination with the accounting department, auditing departmental and managerial factors from within the company.
