EX-8 10 exhibit_8.htm

20-F

Exhibit 8

List of Subsidiaries and Affiliates of the Registrant

The following table sets forth the legal name, location and country of incorporation and percentage ownership of each of the registrant’s subsidiaries and affiliated companies:

	Subsidiary/Affiliate Name			Country of Incorporation			Ownership Percentage
	Magic Software Japan K.K			Japan				100	%
	Magic Software Enterprises Inc.			United States				100	%
	Magic Software Enterprises (UK) Ltd.			United Kingdom				100	%
	Hermes Logistics Technologies Limited			United Kingdom				100	%
	Magic Software Enterprises Spain Ltd.			Spain				100	%
	Coretech Consulting Group Inc.			United States				100	%
	Coretech Consulting Group LLC			United States				100	%
	Magic Software Enterprises (Israel) Ltd.			Israel				100	%
	Magic Software Enterprises Italy S.r.l.*			Italy				100	%
	Magic Software Enterprises Netherlands B.V			Netherlands				100	%
	Magic Software Enterprises France			France				100	%
	Magic Beheer B.V			Netherlands				100	%
	Magic Benelux B.V			Netherlands				100	%
	Magic Software Enterprises GMBH			Germany				100	%
	Magic Software Enterprises India Pvt. Ltd.			India				100	%
	Onyx Magyarorszag Szsoftverhaz			Hungary				100	%
	CarPro Systems Ltd.			Israel				90.48	%

(1) In March 2009, a liquidator was appointed for Magic Software Enterprises Italy S.r.l.