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 as of December 31, 2016:

Subsidiary 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	%
Fusion Solutions LLC.	Delaware		100	%
Fusion Technical Solutions LLC.	Delaware		49	%
Xsell Resources Inc.	Pennsylvania		100	%
Magix Integration (Proprietary) Ltd	South Africa		100	%
Complete Business Solutions Ltd	Israel		100	%
Datamind Technologies Ltd	Israel		80	%
AppBuilder Solutions Ltd	United Kingdom		100	%
CommIT Technology Solutions Ltd	Israel		77.8	%
CommIT Software Ltd (shares held by Comm-IT Technology Solutions Ltd.)	Israel		100	%
CommIT Embedded Ltd (shares held by Comm-IT Technology Solutions Ltd.)	Israel		75	%
Valinor Ltd. (shares held by Comm-IT Technology Solutions Ltd.)	Israel		100	%
Dario Solutions IT Ltd (shares held by Comm-IT Technology Solutions Ltd.)	Israel		100	%
Quickode Ltd (shares held by Comm-IT Technology Solutions Ltd.)	Israel		100	%
Twingo Ltd (shares held by Comm-IT Technology Solutions Ltd.)	Israel		60	%
Roshtov Software Industries Ltd	Israel		60	%
Pilat Europe Ltd.	United Kingdom		100	%
Pilat (North America), Inc.	New Jersey		100	%
F.T.S. - Formula Telecom Solutions Ltd	Israel		100	%
FTS Bulgaria Ltd. (FTS Global Ltd.)	Bulgaria		100	%
BridgeQuest Labs, Inc...	North Carolina		100	%
BridgeQuest, Inc.	North Carolina		100	%
Allstates Consulting Services LLC	Delaware		100	%
Comblack IT Ltd	Israel		70	%
Yes-IT Ltd. (shares held by Comblack IT Ltd)	Israel		100	%
Shavit Software (2009) Ltd. (shares held by Comblack Ltd)	Israel		100	%
Infinigy (UK) Holdings Limited	United Kingdom		100	%
Infinigy (US) Holding Inc.	Georgia		100	%
Infinigy Solutions LLC.	Georgia		70	%
Infinigy Engineering LLP (shares held by Infinigy Solutions LLC.).	Georgia		99.9	%
Skysoft Solutions Ltd.	Israel		75	%
Futurewave Systems, Inc.	Georgia		100	%