September 21, 2023

Temporary Order for the period from July 31, 2023 toDecember 31, 2026 The Law for the Encouragement of High-Tech Industry (Temporary Order) 5723-2023, commonly known as the “Angels Law,” was approved by the Knesset on July 26, 2023, and came into effect on July 31, 2023. This legislation provides tax incentives to promote the high-tech […]

The Angels Law provides private investors, or Angels, with opportunities to invest and receive significant tax benefits on those investments. Israel provides tax benefits to private investors in young companies, specifically, those who have R&D. Israel strives to have a young, dynamic R&D market, so they pass these laws to encourage foreign direct investment into