NETO — Employer of Record & Payroll (Israel)

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NETO (Bareket IT Ltd) is a licensed Israeli Employer of Record (EOR) and payroll provider that enables companies to employ and pay workers in Israel without establishing a local entity. 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/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 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