{"id":8597,"date":"2025-10-05T11:03:59","date_gmt":"2025-10-05T11:03:59","guid":{"rendered":"https:\/\/aboulafia.co.il\/?p=8597"},"modified":"2025-10-05T11:03:59","modified_gmt":"2025-10-05T11:03:59","slug":"overseas-companies-part-5-form-150","status":"publish","type":"post","link":"https:\/\/aboulafia.co.il\/en\/binyamin-radomsky-en\/overseas-companies-part-5-form-150\/","title":{"rendered":"Overseas Companies, part 5 \u2013 Form 150"},"content":{"rendered":"

Feel free to join the\u00a0<\/em>Tax in Israel Facebook group<\/em><\/a><\/p>\n

As part of the disclosures required in the tax return, anyone who is considered a controlling shareholder in a non-Israeli company must complete\u00a0form 150<\/a>, and attach it to the tax return.<\/p>\n

A controlling shareholder is someone who, directly or indirectly, owns at least 10% of the rights of the company (e.g. shares, voting rights etc.). Furthermore, in determining the percentage of ownership, the percentages owned by first-degree relatives are also taken into account.<\/p>\n

The purpose of the form is to inform the tax authority of the existence of the company, as well as the approach that has been taken in terms of tax treatment in Israel. The information is of course designed to allow the tax authorities to make their own assessment, and potentially disagree with the approach.<\/p>\n

The form has room for details of 2 companies. Of course, if there are more companies, extra forms should be completed.<\/p>\n

The first part of the form contains some basic details of the company \u2013 name (Hebrew and original language), registration number and the country in which the company was incorporated.<\/p>\n

The next question relates to the country of residence of the country, which could be different to the country in which the company was incorporated. This relates back to the issue of \u201ccontrol and management\u201d of the company \u2013 see\u00a0here<\/a>\u00a0for more.<\/p>\n

The next question relates to the\u00a0office (registered)\u00a0address of the company, and then the form asks for the date that the shareholder acquired their share(s) in the company.<\/p>\n

The following questions asks whether the income of the company is treated\u00a0\u2013 for tax purposes in the country of residence of the company \u2013 as see-through to the shareholders (e.g. the LLC in USA \u2013 see\u00a0here<\/a>\u00a0for more), or \u201cregular,\u201d i.e. belonging to the company itself. If the former, an election can be made in Israel to treat the income in a similar fashion.<\/p>\n

The next question relates to the correspondence address of the company, followed by email address and telephone & fax numbers. The final question in this section relates to an identity number given by the Israeli authorities to this company.<\/p>\n

The bottom set of questions relate primarily to the activities of the company.<\/p>\n

The first question asks for a short description of the business activity of the company.<\/p>\n

The next two questions ask whether the majority of the income of the company is derived from passive income (e.g. interest, dividends, rental etc.), and \u2013 if so \u2013 whether the company meets the definition of a\u00a0Controlled Foreign Company<\/a>.<\/p>\n

The following two questions deal with whether the majority of the income of the company is derived from a \u201cSpecial Profession\u201d, and \u2013 if so \u2013 whether the company meets the definition of a\u00a0Foreign Professional Company<\/a>.<\/p>\n

The next question asks whether the shares of the company are publically traded, and the final question asks whether there are any persons who manage the company or a directors of the company who are Israeli residents. This of course gives rise to the question of the company being \u201ccontrolled and managed\u201d from Israel, with all of the potential repercussions.<\/p>\n

The bottom section of the form requests information regarding the percentage holding of the tax payer \u2013 both ordinary shares and other rights, according to various rights that the shares\/rights will give them (profits, votes etc.). The percentages requested are the year-end percentages, and the highest during the tax year.<\/p>\n

This is an extremely important form to get right, and if in doubt \u2013 I strongly recommend asking a professional for assistance.<\/p>\n","protected":false},"excerpt":{"rendered":"

Feel free to join the\u00a0Tax in Israel Facebook group As part of the disclosures required in the tax return, anyone who is considered a controlling shareholder in a non-Israeli company must complete\u00a0form 150, and attach it to the tax return. A controlling shareholder is someone who, directly or indirectly, owns at least 10% of the […]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[200,204,253],"tags":[],"class_list":["post-8597","post","type-post","status-publish","format-standard","hentry","category-israeli-taxation-en","category-shareholder-taxation-en","category-binyamin-radomsky-en"],"acf":[],"yoast_head":"\nOverseas Companies, part 5 \u2013 Form 150 - \u05d0\u05d1\u05d5\u05dc\u05e2\u05e4\u05d9\u05d4 \u05e8\u05d5\u05d0\u05d9 \u05d7\u05e9\u05d1\u05d5\u05df<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/aboulafia.co.il\/en\/binyamin-radomsky-en\/overseas-companies-part-5-form-150\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Overseas Companies, part 5 \u2013 Form 150 - \u05d0\u05d1\u05d5\u05dc\u05e2\u05e4\u05d9\u05d4 \u05e8\u05d5\u05d0\u05d9 \u05d7\u05e9\u05d1\u05d5\u05df\" \/>\n<meta property=\"og:description\" content=\"Feel free to join the\u00a0Tax in Israel Facebook group As part of the disclosures required in the tax return, anyone who is considered a controlling shareholder in a non-Israeli company must complete\u00a0form 150, and attach it to the tax return. A controlling shareholder is someone who, directly or indirectly, owns at least 10% of the […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/aboulafia.co.il\/en\/binyamin-radomsky-en\/overseas-companies-part-5-form-150\/\" \/>\n<meta property=\"og:site_name\" content=\"\u05d0\u05d1\u05d5\u05dc\u05e2\u05e4\u05d9\u05d4 \u05e8\u05d5\u05d0\u05d9 \u05d7\u05e9\u05d1\u05d5\u05df\" \/>\n<meta property=\"article:published_time\" content=\"2025-10-05T11:03:59+00:00\" \/>\n<meta name=\"author\" content=\"Rachel Levin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Rachel Levin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/aboulafia.co.il\/en\/binyamin-radomsky-en\/overseas-companies-part-5-form-150\/\",\"url\":\"https:\/\/aboulafia.co.il\/en\/binyamin-radomsky-en\/overseas-companies-part-5-form-150\/\",\"name\":\"Overseas Companies, part 5 \u2013 Form 150 - \u05d0\u05d1\u05d5\u05dc\u05e2\u05e4\u05d9\u05d4 \u05e8\u05d5\u05d0\u05d9 \u05d7\u05e9\u05d1\u05d5\u05df\",\"isPartOf\":{\"@id\":\"https:\/\/aboulafia.co.il\/en\/#website\"},\"datePublished\":\"2025-10-05T11:03:59+00:00\",\"author\":{\"@id\":\"https:\/\/aboulafia.co.il\/en\/#\/schema\/person\/2054089d644528990cb12e0974ece747\"},\"breadcrumb\":{\"@id\":\"https:\/\/aboulafia.co.il\/en\/binyamin-radomsky-en\/overseas-companies-part-5-form-150\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/aboulafia.co.il\/en\/binyamin-radomsky-en\/overseas-companies-part-5-form-150\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/aboulafia.co.il\/en\/binyamin-radomsky-en\/overseas-companies-part-5-form-150\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"\u05d3\u05e3 \u05d4\u05d1\u05d9\u05ea\",\"item\":\"https:\/\/aboulafia.co.il\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Overseas Companies, part 5 \u2013 Form 150\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/aboulafia.co.il\/en\/#website\",\"url\":\"https:\/\/aboulafia.co.il\/en\/\",\"name\":\"\u05d0\u05d1\u05d5\u05dc\u05e2\u05e4\u05d9\u05d4 \u05e8\u05d5\u05d0\u05d9 \u05d7\u05e9\u05d1\u05d5\u05df\",\"description\":\"Just another WordPress site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/aboulafia.co.il\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/aboulafia.co.il\/en\/#\/schema\/person\/2054089d644528990cb12e0974ece747\",\"name\":\"Rachel Levin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/aboulafia.co.il\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/8645467386afae1c19e26d165518fc0e843acc6ffb76cb6b7207c4138d63a605?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/8645467386afae1c19e26d165518fc0e843acc6ffb76cb6b7207c4138d63a605?s=96&d=mm&r=g\",\"caption\":\"Rachel Levin\"},\"url\":\"https:\/\/aboulafia.co.il\/en\/author\/rachel\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Overseas Companies, part 5 \u2013 Form 150 - \u05d0\u05d1\u05d5\u05dc\u05e2\u05e4\u05d9\u05d4 \u05e8\u05d5\u05d0\u05d9 \u05d7\u05e9\u05d1\u05d5\u05df","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/aboulafia.co.il\/en\/binyamin-radomsky-en\/overseas-companies-part-5-form-150\/","og_locale":"en_US","og_type":"article","og_title":"Overseas Companies, part 5 \u2013 Form 150 - \u05d0\u05d1\u05d5\u05dc\u05e2\u05e4\u05d9\u05d4 \u05e8\u05d5\u05d0\u05d9 \u05d7\u05e9\u05d1\u05d5\u05df","og_description":"Feel free to join the\u00a0Tax in Israel Facebook group As part of the disclosures required in the tax return, anyone who is considered a controlling shareholder in a non-Israeli company must complete\u00a0form 150, and attach it to the tax return. A controlling shareholder is someone who, directly or indirectly, owns at least 10% of the […]","og_url":"https:\/\/aboulafia.co.il\/en\/binyamin-radomsky-en\/overseas-companies-part-5-form-150\/","og_site_name":"\u05d0\u05d1\u05d5\u05dc\u05e2\u05e4\u05d9\u05d4 \u05e8\u05d5\u05d0\u05d9 \u05d7\u05e9\u05d1\u05d5\u05df","article_published_time":"2025-10-05T11:03:59+00:00","author":"Rachel Levin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Rachel Levin","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/aboulafia.co.il\/en\/binyamin-radomsky-en\/overseas-companies-part-5-form-150\/","url":"https:\/\/aboulafia.co.il\/en\/binyamin-radomsky-en\/overseas-companies-part-5-form-150\/","name":"Overseas Companies, part 5 \u2013 Form 150 - \u05d0\u05d1\u05d5\u05dc\u05e2\u05e4\u05d9\u05d4 \u05e8\u05d5\u05d0\u05d9 \u05d7\u05e9\u05d1\u05d5\u05df","isPartOf":{"@id":"https:\/\/aboulafia.co.il\/en\/#website"},"datePublished":"2025-10-05T11:03:59+00:00","author":{"@id":"https:\/\/aboulafia.co.il\/en\/#\/schema\/person\/2054089d644528990cb12e0974ece747"},"breadcrumb":{"@id":"https:\/\/aboulafia.co.il\/en\/binyamin-radomsky-en\/overseas-companies-part-5-form-150\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/aboulafia.co.il\/en\/binyamin-radomsky-en\/overseas-companies-part-5-form-150\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/aboulafia.co.il\/en\/binyamin-radomsky-en\/overseas-companies-part-5-form-150\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"\u05d3\u05e3 \u05d4\u05d1\u05d9\u05ea","item":"https:\/\/aboulafia.co.il\/en\/"},{"@type":"ListItem","position":2,"name":"Overseas Companies, part 5 \u2013 Form 150"}]},{"@type":"WebSite","@id":"https:\/\/aboulafia.co.il\/en\/#website","url":"https:\/\/aboulafia.co.il\/en\/","name":"\u05d0\u05d1\u05d5\u05dc\u05e2\u05e4\u05d9\u05d4 \u05e8\u05d5\u05d0\u05d9 \u05d7\u05e9\u05d1\u05d5\u05df","description":"Just another WordPress site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/aboulafia.co.il\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/aboulafia.co.il\/en\/#\/schema\/person\/2054089d644528990cb12e0974ece747","name":"Rachel Levin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/aboulafia.co.il\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/8645467386afae1c19e26d165518fc0e843acc6ffb76cb6b7207c4138d63a605?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/8645467386afae1c19e26d165518fc0e843acc6ffb76cb6b7207c4138d63a605?s=96&d=mm&r=g","caption":"Rachel Levin"},"url":"https:\/\/aboulafia.co.il\/en\/author\/rachel\/"}]}},"_links":{"self":[{"href":"https:\/\/aboulafia.co.il\/en\/wp-json\/wp\/v2\/posts\/8597","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aboulafia.co.il\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aboulafia.co.il\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aboulafia.co.il\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/aboulafia.co.il\/en\/wp-json\/wp\/v2\/comments?post=8597"}],"version-history":[{"count":1,"href":"https:\/\/aboulafia.co.il\/en\/wp-json\/wp\/v2\/posts\/8597\/revisions"}],"predecessor-version":[{"id":8598,"href":"https:\/\/aboulafia.co.il\/en\/wp-json\/wp\/v2\/posts\/8597\/revisions\/8598"}],"wp:attachment":[{"href":"https:\/\/aboulafia.co.il\/en\/wp-json\/wp\/v2\/media?parent=8597"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aboulafia.co.il\/en\/wp-json\/wp\/v2\/categories?post=8597"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aboulafia.co.il\/en\/wp-json\/wp\/v2\/tags?post=8597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}