EN 
HE Payroll Services
Human capital is the cornerstone and most valuable asset of any business in Israel, serving as the engine for growth and success in a highly competitive, innovation-driven market. Retaining this irreplaceable resource and fostering a healthy corporate culture demands an optimal, flawless, and highly precise management of your compensation system. Payroll services are far more than a technical administrative task; they represent a sensitive, strategic touchpoint that directly impacts employee well-being, trust, and long-term organizational loyalty.
In a reality where Israeli labor laws are uniquely complex and constantly changing, and where tax authority compliance and digital reporting demands are stricter than ever, amateur payroll management poses a severe risk. Errors or gaps can instantly expose a business to heavy financial penalties, legal liabilities, and lasting reputational damage. Entrusting your payroll to experienced professionals ensures seamless alignment with current regulations, eliminates costly administrative waste, and grants leadership the absolute peace of mind required to focus on their most critical asset – their people.
Service Definition
Payroll involves the comprehensive management of employee compensation, rigorous adherence to ever-changing labor laws, and the precise execution of official year-end reporting to Israeli tax authorities.
Core Operational Tasks
- Providing expert payroll controllership and generating accurate monthly payroll slips (paystubs) for employees.
- Offering current professional accompaniment regarding all matters connected to Labor Laws.
- Preparing and submitting annual employee payroll reports to income tax and national insurance (Form 126).
- Generating individual Form 106 summaries for every employee at the end of the tax year.
- Preparing annual withholding tax reports for clients and suppliers (Form 857 and Form 867).
Why Choose ECOVIS Israel for Your Payroll Management?
Your workforce is your greatest asset, but managing payroll compliance under evolving Israeli labor laws can be a complex and risky burden. ECOVIS Israel | Ozery CPA provides your business with absolute peace of mind through a seamless, error-free payroll infrastructure. We combine localized Israeli expertise with the global standard of the international ECOVIS network to protect your business from legal liabilities and disputes. From timely monthly payslips to complex year-end reporting like Forms 126 and 106, we ensure your employees are paid accurately and your business remains fully compliant with the authorities.