Why route an invoice through a US company?
Some US clients simply won't send a bank transfer to a foreign account. Their finance departments are set up to pay US-domiciled vendors and nothing else. Routing your invoice through PANORAMA SYSTEMS turns you into a US vendor on paper, so the payment clears without a fight.
That convenience isn't free: the company keeps a percentage of each invoice. It also changes nothing about your relationship to the tax authority in Israel. You're still a freelancer, not an employee, and the income remains taxable locally.
How the process actually works
The freelancer and PANORAMA SYSTEMS agree on the service fee. When it's time to bill, the client gets an invoice that shows the US company's name, address, and bank details. The freelancer delivers the work as usual — this doesn't touch the client relationship.
Once the client pays, PANORAMA SYSTEMS transfers the invoiced amount, minus its fee, to the freelancer using whichever payout method was chosen. There's no integration to install, no dashboard that's always an update away from breaking. You send the invoice info, you get paid.
Payouts and currency flexibility
You can receive the money as Israeli shekels via a local bank transfer, which often means fewer conversion fees and a familiar path into your business account. If you prefer USD, SWIFT and Wise are both available. There's also an option to settle in USDT, for those who want crypto.
Payout method is your call, not the client's, so you decide how the money lands. Just be aware that every method comes with its own cost profile — bank fees, Wise conversion mark-ups, or network transaction costs — that sit on top of the service fee.
What this arrangement does not solve
PANORAMA SYSTEMS does not provide tax advice and isn't your employer. That means you still file your own tax returns in Israel, handle VAT registration if you cross the threshold, and pay social contributions. The arrangement doesn't create a legal presence for you in the US, nor does it turn you into a US taxpayer.
It's purely an invoicing and payment-handling layer. If your client wants proof of business status, you'll still need to present your own Israeli documents. This isn't a substitute for being a legitimate business — it just removes the friction of getting paid.