NETO — Employer of Record & Payroll (Israel) Reviews & Product Details

NETO (Bareket IT Ltd) is a licensed Israeli Employer of Record and payroll provider. Foreign companies employ and pay people in Israel through NETO without establishing a local entity: NETO is the registered employer, and handles the contract, payroll, statutory filings and employee rights, while you manage the person day to day. NETO operates under Israeli manpower-contractor licence no. 1565, issued by the Ministry of Labour and listed in Israel's public licence registry — so the licence can be verified independently. Because of that licence, workers engaged through NETO hold employee status under Israeli law, with full statutory benefits: National Insurance, pension contributions, severance accrual, paid leave and holidays. What NETO handles end to end: • Employment contracts compliant with Israeli labour law • Monthly payroll, payslips and statutory deductions • National Insurance, income tax and pension reporting and payment • Severance and leave accrual • Freelancer invoicing — a freelancer can be paid against a single invoice without opening a business or tax file Who it is for: • Foreign companies hiring talent in Israel with no local entity • Israeli employers paying contractors and temporary workers compliantly • Freelancers who want to invoice a client while keeping employee status and benefits How pricing works: NETO's fee is 5% of the invoice amount (before VAT), paid by the client. The worker never pays the fee. There are no setup, subscription or exit fees. Company registration number 515486058. Operating since 2016. Open data on the real cost of employment in Israel (CC-BY-4.0, free to cite): https://www.neto.work/employer-cost-calculation/#cite