Israel is a country in Western Asia, located on the southeastern shore of the Mediterranean Sea and the northern shore of the Red Sea. It has land borders with Lebanon to the north, Syria to the northeast, Jordan on the east, the Palestinian territories of the West Bank and Gaza Strip to the east and west, respectively, and Egypt to the southwest.

Capital: Jerusalem

Currency: New Shekel

Timezone: UTC+2 (DST: UTC+3)

Corporate tax rate: 25%

Personal tax rate: 0-48%

Capital gains tax: 25% for Corporations, 25% to personal tax bracket for individuals.

VAT: 10%

Tax residence: 183 days rule, Vital interest rule, or if spent 425 days in the last three years in Israel with a minimum 30 days per year.

CFC Rules: Yes

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