EX-8.1 2 v304970_ex8-1.htm EXHIBIT 8.1

Exhibit 8.1

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.		Delaware			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		Pennsylvania			100	%
Coretech Consulting Group LLC		Delaware			100	%
Magic Software Enterprises (Israel) Ltd.		Israel			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			100	%
Fusion Solutions, LLC		Delaware			100	%
Xsell Resources Inc.		Pennsylvania			88	%
Magix Integration (Proprietary) Ltd		South Africa			100	%
Appbuilder solutions Ltd		UK			100	%
Complete Information Technology Ltd		Israel			100	%
Complete Business Solutions Ltd		Israel			95	%