Purchase Order Accountant in Israel Jerusalem –Free Word Template Download with AI

This Purchase Order is issued by Levant Business Solutions Ltd., a registered entity operating in Jerusalem, Israel, to procure the professional services of a certified Accountant and the associated accounting firm for a continuous engagement period. The Accountant engaged under this Purchase Order shall be a licensed Chartered Public Accountant (C.P.A.) registered with the Israeli Institute of Certified Public Accountants and shall perform all duties in accordance with Israeli accounting standards (GAAP as adopted in Israel), the Israeli Income Tax Ordinance, the Israeli Value Added Tax Law, and all relevant regulations enforced by the Israel Tax Authority in Jerusalem.

The Accountant engaged pursuant to this Purchase Order shall maintain a dedicated point of contact physically accessible in Jerusalem, Israel, and shall ensure that all financial records, tax filings, and regulatory submissions are processed in full compliance with the laws of the State of Israel. The Accountant shall attend in-person meetings at the purchaser's Jerusalem premises no fewer than four (4) times per calendar year and shall provide remote access to all accounting records via a secure, encrypted platform. All documents submitted to the Israel Tax Authority, the Companies Registrar, and the Jerusalem Municipality shall be prepared, reviewed, and signed by the designated Accountant or a deputy holding equivalent Israeli professional credentials.

• Validity: This Purchase Order is valid for a period of twelve (12) months from the service start date, subject to mutual renewal in writing.
• Payment: Invoices shall be issued monthly in NIS. Payment shall be made within thirty (30) calendar days of the invoice date via bank transfer to the Accountant firm's Israeli bank account. Late payments shall accrue interest at the rate prescribed by the Israeli Interest Law.
• Confidentiality: The Accountant shall maintain strict confidentiality of all financial data in accordance with the Israeli Privacy Protection Law, 5741-1981, and shall not disclose any information to third parties without written consent from the purchaser.
• Compliance: The Accountant warrants that all services rendered under this Purchase Order shall comply with the Israeli Companies Law, 5759-1999, the Israeli Income Tax Ordinance, the VAT Law, 5711-1975, and all applicable Jerusalem municipal ordinances.
• Termination: Either party may terminate this Purchase Order with sixty (60) days' written notice. In the event of material breach, the non-breaching party may terminate immediately upon written notice.
• Dispute Resolution: Any dispute arising from this Purchase Order shall be resolved by the competent courts in Jerusalem, Israel, or by binding arbitration under the rules of the Israel Arbitration Association, seated in Jerusalem.
• Force Majeure: Neither party shall be liable for delays caused by events beyond reasonable control, including but not limited to national security alerts, government-mandated closures in Jerusalem, or acts of God.

This Purchase Order is issued and authorized by the undersigned representatives of both parties. By signing below, the parties acknowledge and agree to all terms, conditions, and obligations set forth in this document governing the procurement of Accountant services in Israel Jerusalem.