EX-21 5 exhibit21.htm MAGIC SOFTWARE ENTERPRISES SUBSIDIARIES

Exhibit 21

List of Subsidiaries of the Registrant

Subsidiary Name | Country of Incorporation | Ownership Percentage
Magic Software Enterprises Inc. | U.S. | 100%
CoreTech Consulting Group, LLC | U.S. | 100%
CoreTech Consulting Group, Inc. | U.S. | 100%
Magic Software Enterprises (UK) Ltd. | U.K. | 100%
Magic Beheer B.V | Netherlands | 100%
Magic Software Enterprises Netherlands B.V. | Netherlands | 100%
Magic Software Enterprises Spain Ltd. | Spain | 100%
Magic Software Enterprises GmbH | Germany | 100%
Magic Software Enterprises France | France | 100%
Magic Benelux B.V. | Netherlands | 100%
Magic Software Enterprises (Israel) Ltd. | Israel | 100%
Magic Software Enterprises Italy S.r.l | Italy | 100%
Magic Software Japan K.K. | Japan | 100%
Magic Software Enterprises India Pvt. Ltd. | India | 100%
Magic Rental Technologies International Rentpro Ltd. | Israel | 75%
Magic Software Hungary | Hungary | 74%
Onyx Szoftverhaz Korlatolt Felelossegu Tarsasag | Hungary | 74%
Magic Software (Thailand) Corp. Ltd (1) | Thailand | 70%
Advanced Answers on Demand, Inc. | U.S. | 63%
Access Data Corporation, Inc (1). | U.S. | 56%
Betagro Software and Services Ltd (1). | Thailand | 51%
Nextstep Infotech Prt. Ltd. | India | 51%

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(1) Sold in 2003