If you're in Israel and want to raise capital, there are two jurisdictions where it's best to incorporate:

Delaware - U.S. investors insist on it, predictable law, speedy process, corp. directors are well-protected, electronic voting by proxy, stockholder meeting attendance though the Internet, only one director required.

Cayman Islands: flexible law permits U.S.-style preferred stock financing arrangements, investors in Chinese companies are familiar with Cayman law, pre-approved for listing on the Hong Kong stock exchange.