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Doing Business in Israel (July Edition)

Doing Business in Israel

Israel is marked as one of the world's top innovation leaders. A glimpse of the affairs in our vibrant Israeli market.

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Doing Business in Israel

In a world where the cyber space has turned into the wild wild west of security, cyber security is one of today’shottest elements in high-tech. It is also the focus area for this edition of ‘Doing Business in Israel’.Ishai Wertheimer, Head of Information Security Servicesat KPMG Israel, explains why and how Israel is the go-to place in this field, attracting 20 percent of global investment- second only to the United States.This edition also explores Israel’s first of its kind, FintechHub, operating inside the Tel Aviv Stock Exchange withthe backing of some of the world’s biggest banks, KPMG,Intel and many others. In addition, there’s an interestingupdate about a change in the regulatory approach withrespect to foreign companies’ activity in Israel via theinternet, and a glimpse into a unique cultural experiencein a northern Kibbutz.Since July is already in full swing, I hope you will enjoythe upcoming summer months, or as the American writerand philosopher Sam Keen said: “Deep summer is whenlaziness finds respectability”.

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© 2017 Somekh Chaikin, an Israel Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

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