US Accounting Tax Services

● U.S. Accounting & Tax Services

What accounting and tax services do Israeli startups need when moving into the U.S.?

At ERB Proximo, we help Israeli founders and growth companies build the financial and tax infrastructure required for U.S. expansion — from entity structure and registrations to bookkeeping, payroll, state compliance, transfer pricing, and multi-entity reporting.

U.S. growth creates operational opportunity, but also tax exposure, reporting obligations, and governance complexity. A missed registration, payroll issue, or weak compliance calendar can quickly turn into costly penalties and friction. Our role is to help companies scale with clarity, stronger controls, and finance infrastructure built for cross-border operations.

Talk to ERB Proximo Explore Services

Why companies choose ERB Proximo

  • Experience supporting Israeli companies operating in the U.S. market
  • Integrated accounting, tax, reporting, and CFO support
  • Hands-on expertise with NetSuite and Priority
  • Cross-border financial infrastructure for startups and growth companies
  • Strong understanding of technology, logistics, and international operations

Where should founders start when building a U.S. financial and tax structure?

The first decisions around entity type, governance, registrations, and banking shape everything that follows. ERB Proximo helps founders make those decisions in a way that supports investor readiness, compliance, and long-term scale.

01

LLC vs. C-Corporation

An LLC may seem simpler at the outset, while venture-backed startups often prefer a Delaware C-corp that aligns better with fundraising, stock issuance, and investor expectations.

02

U.S. tax exposure

Entity type affects how income is taxed and what filings apply. Even where tax is limited, information returns such as Form 5472 can still trigger penalties if missed.

03

Governance and documentation

Bylaws, operating agreements, stock issuance records, annual filings, and board-level documentation are essential to good standing and future diligence.

04

Registered agent and banking

Most U.S. entities require a registered agent, and banking setup usually depends on EIN issuance and a clean onboarding package.

05

Choosing the right state

Delaware is often preferred by investors, while other states may appeal for lower costs or simpler maintenance depending on the business model.

06

Financial foundation

The right legal and tax setup is not just a filing exercise — it is the operating base for scalable reporting, governance, and finance discipline.

What tax and compliance obligations should startups expect in the U.S.?

Israeli startups entering the U.S. need a framework that covers federal and state taxes, payroll, sales tax, intercompany pricing, and multi-jurisdiction reporting from day one.

Federal, state, and sales tax exposure

  • Federal income tax: C-corporations generally file Form 1120, while foreign-owned LLCs may file Form 5472 with a pro forma Form 1120
  • State taxes: nexus through employees, physical presence, or sufficient activity may trigger state registrations and annual filings
  • Sales and use tax: selling goods, software, or taxable services can create state-by-state obligations that require careful review
  • Franchise taxes and annual fees: some states impose recurring charges even with limited profits

Payroll and employment tax

  • Employer registrations: federal and state payroll registrations are required once U.S. hiring begins
  • Recurring payroll compliance: withholding, unemployment, Social Security, Medicare, and annual wage reporting all need to be managed correctly
  • Classification discipline: employee vs. contractor mistakes can create material tax and labor exposure
  • Operational readiness: payroll needs to align with finance systems, approvals, and reporting controls

Transfer pricing and intercompany logic

Cross-border groups need arm’s-length pricing for royalties, service fees, management charges, inventory transfers, and other related-party transactions. Both U.S. and Israeli authorities expect consistent methods and reliable documentation.

ERB Proximo helps companies establish practical intercompany logic early, so bookkeeping, eliminations, reconciliations, and consolidated reporting remain manageable as the business grows.

Chart of accounts and financial systems

Multi-country operations require accounting systems that support different currencies, reporting frameworks, and legal entities without forcing finance teams into duplicate books or spreadsheet-driven reconciliations.

  • Harmonized chart of accounts: structured for reliable consolidation across Israel and the U.S.
  • Cloud ERP environments: NetSuite and Priority support multi-entity logic, intercompany linkages, and stronger visibility
  • Multi-currency controls: FX movements, cash forecasting, payroll, and card activity need disciplined oversight

Why ERB Proximo matters in this process

Many founders focus on product, hiring, and fundraising while postponing finance structure and compliance decisions. ERB Proximo helps companies address those issues before they become operational risks — building the accounting, tax, governance, and reporting framework needed to scale responsibly in the U.S.

Cross-border fluency

We connect U.S. requirements with Israeli parent-company realities, rather than treating each jurisdiction in isolation.

Startup and founder focus

Our approach is built around growth-stage decision making, investor readiness, and lean internal finance teams.

Practical execution

We translate structure into process — filings, close discipline, systems, internal controls, and recurring compliance.

What should a strong compliance and control framework include?

Beyond core filings, companies should build a repeatable operating framework for tax credits, reporting deadlines, internal controls, and audit readiness.

Tax credits and incentives

  • R&D tax credits: qualifying software, biotech, and research activities may create federal or state-level opportunities
  • Payroll-related incentives: certain hiring patterns or jurisdictions may provide additional credits or relief
  • Documentation discipline: credits are only valuable when supported by strong project, hours, and expense records

Compliance calendar

  • Federal returns: annual tax filings and estimated payment requirements where relevant
  • State filings: returns, annual reports, franchise taxes, and good-standing maintenance
  • Sales tax: monthly or quarterly filing cycles depending on nexus and transaction volume
  • Payroll taxes: quarterly returns, wage reporting, and withholding compliance
  • Information returns: forms such as 5472, 5471, or 8858 depending on ownership structure
  • Israeli coordination: continued alignment with Israeli filing obligations and foreign tax planning

Audit readiness and internal controls

  • Segregation of duties: separate entry, approval, and review wherever possible
  • Documented processes: written procedures for payroll, close, approvals, and reconciliations
  • Regular reconciliations: bank, card, and intercompany balances reviewed consistently
  • Audit trail: systems should preserve posting, approval, and edit visibility
  • Inventory and fixed assets: controlled records and periodic verification where relevant
  • Professional review: periodic external review helps surface issues before fundraising or due diligence

Data migration and system setup

  • Data clean-up: opening balances, master data, and stale records should be reviewed before migration
  • Phased migration: many startups move active balances and archive older history separately
  • ERP selection: systems like NetSuite and Priority support multi-entity and multi-currency growth
  • Integrations: connecting payroll, banking, and expense tools supports a cleaner source of truth

Founder roadmap for U.S. expansion

Founders benefit from a structured checklist that turns U.S. expansion into a controlled finance process rather than a reactive compliance exercise.

Step 01

Choose entity and state

Align legal structure with fundraising plans, investor preferences, and expected operating footprint.

Step 02

Register with authorities

Obtain an EIN, appoint a registered agent, and complete state tax and employer registrations.

Step 03

Set up payroll and systems

Implement payroll, accounting, and ERP structures that support multi-entity and multi-currency visibility.

Step 04

Plan tax and compliance

Build transfer pricing logic, review treaty impacts, and create a recurring calendar for federal, state, and Israeli obligations.

What our clients say

ERB Proximo supports founders and finance teams with financial clarity, cross-border execution, and a stronger operating framework for U.S. growth.

“Partnering with ERB gave us the financial clarity and cross-border expertise we needed to scale with confidence. They didn’t just handle accounting — they became a strategic partner, guiding us through U.S. expansion, compliance, and financial planning every step of the way.”

Meitav Harpaz
CEO, Pattern Acquired by PassportCard

“ERB’s guidance, quick responses, and sharp financial insights have helped us stay on track and control the fast growth of our business in the US. We truly value the partnership and the peace of mind that comes with knowing we’re in the best of hands.”

Gilad Blum
Deputy CEO, HB Consulting

“ERBProximo has been a true financial partner to Seraphic from day one. From building the company’s financial infrastructure in the earliest stages through supporting our growth and operational scale, all the way to the acquisition by CrowdStrike, their team provided the strategic insight and hands-on execution we needed at every step.”

Ilan Yeshua
Founder and CEO, Seraphic Acquired by CrowdStrike

Need clarity on U.S. accounting, tax exposure, and compliance before you scale?

ERB Proximo helps Israeli startups build the right structure from day one — so they can stay compliant, reduce risk, and grow into the U.S. with stronger financial discipline.

Contact ERB Proximo

Contact us - we will be happy to be at your service

For consultation with our experts, leave details