Tech / SaaS Global Billing

Israel is home to more Nasdaq-listed companies per capita than any country outside the US. Global billing — in USD, EUR, and GBP, across reverse-charge B2B and consumer VAT OSS regimes — is not an edge case; it is the default for Israeli SaaS.

01
Obstacle

Domestic ILS invoices need ITA clearance; US/EU invoices need reverse-charge or VAT OSS — the current system cannot handle both.

Solution

Single invoicing platform that routes each invoice to the correct flow: ITA clearance for IL, reverse-charge for B2B EU/US, VAT OSS for B2C EU.

02
Obstacle

FX revenue recognition and ITA reporting are decoupled — reconciliation takes days.

Solution

FX posting with daily NIS rates; ITA-reported shekel equivalent auto-calculated on every foreign-currency invoice.

Does Israel participate in EU VAT OSS?

No — Israel is outside the EU VAT system. Israeli SaaS companies selling B2C to EU customers must register for EU VAT OSS (or per-country) independently of their ITA obligations.

Global billing, ITA-compliant

One platform for ILS clearance, reverse-charge, and VAT OSS.