Exempt or licensed dealer - what to choose

Exemption

Exempt dealer: turnover up to NIS 122,833. Does not collect VAT, does not deduct inputs, simple reporting.

authorized

Authorized dealer: must collect 18% VAT, may deduct inputs, monthly/bi-monthly reporting.

Important Note: The information on this website is for general informational purposes only and does not constitute professional tax advice. Consult a qualified tax advisor before making financial decisions.