Exhibit 8.1

C. Organizational Structure

The following table sets forth the legal name, location and country or state of incorporation and percentage ownership of our subsidiaries as of December 31, 2022:

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 (shares held by Magic Software Enterprises Netherlands B.V.)	United Kingdom		100	%
Hermes Logistics Technologies Limited (shares held by Magic Software Enterprises (UK) Ltd)	United Kingdom		100	%
Magic Software Enterprises Spain Ltd (shares held by Magic Software Enterprises Netherlands B.V.)	Spain		100	%
Coretech Consulting Group, Inc. (shares held by Magic Software Enterprises Inc)	Pennsylvania		100	%
Coretech Consulting Group LLC (shares held by Magic Software Enterprises Inc)	Delaware		100	%
Fusion Solutions LLC. (shares held by Coretech Consulting Group LLC)	Delaware		100	%
Fusion Technical Solutions LLC. (shares held by Fusion Solutions LLC)	Delaware		49	%
Xsell Resources Inc. (shares held by Coretech Consulting Group LLC)	Pennsylvania		100	%
Magic Software Enterprises (Israel) Ltd	Israel		100	%
Magic Software Enterprises Netherlands B.V.	Netherlands		100	%
Magic Software Enterprises France (shares held by Magic Software Enterprises Netherlands B.V.)	France		100	%
Magic Beheer B.V. (shares held by Magic Software Enterprises Netherlands B.V.)	Netherlands		100	%
Magic Benelux B.V. (shares held by Magic Beheer B.V.)	Netherlands		100	%
Magic Software Enterprises GMBH (shares held by Magic Software Enterprises Netherlands B.V.)	Germany		100	%
Magic Software Enterprises India Pvt. Ltd	India		100	%
Onyx Magyarorszag Szsoftverhaz (shares held by Magic Software Enterprises Netherlands B.V.)	Hungary		100	%
Magix Integration (Proprietary) Ltd	South Africa		100	%
AppBuilder Solutions Ltd	United Kingdom		100	%
Complete Business Solutions Ltd	Israel		100	%
Datamind Technologies Ltd (shares held by Complete Business Solutions Ltd)	Israel		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	%
9540 Y.G. Soft I.T Ltd. (shares held by CommIT Software Ltd.)	Israel		60	%
Pilat Europe Ltd.	United Kingdom		100	%
Pilat (North America), Inc.	New Jersey		100	%
Roshtov Software Industries Ltd	Israel		80	%
BridgeQuest Labs, Inc. (shares held by BridgeQuest, Inc.)	North Carolina		100	%
BridgeQuest, Inc. (shares held by Magic Software Enterprises Inc.)	North Carolina		100	%
Allstates Consulting Services LLC (shares held by Magic Software Enterprises Inc.)	Delaware		100	%
F.T.S. - Formula Telecom Solutions Ltd.	Israel		100	%
FTS Bulgaria Ltd. (FTS Global Ltd.) (shares held by F.T.S. - Formula Telecom Solutions Ltd.)	Bulgaria		100	%
Comblack IT Ltd	Israel		80.1	%
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 (shares held by Infinigy (UK) Holdings Limited)	Georgia		100	%
Infinigy Solutions LLC. (shares held by Infinigy (US) Holding Inc)	Georgia		100	%
Infinigy Engineering LLP (shares held by Infinigy Solutions LLC.).	Georgia		100	%
Skysoft Solutions Ltd. (shares held by CommIT Embedded Ltd.)	Israel		75	%
Futurewave Systems, Inc. (shares held by Fusion Solutions LLC.)	Georgia		100	%
OnTarget Group, Inc	North Carolina		100	%
NetEffects, Inc. (shares held by Coretech Consulting Group LLC)	Missouri		100	%
PowWow Inc.	California		100	%
BA Microwaves Ltd.	Israel		56.67	%
Stockell Information Systems Inc.	Missouri		100	%
Mobisoft Ltd.	Israel		73.75	%
Magic Hands B.V.	Netherlands		100	%
Knowledge & Solutions Software B.V.	Netherlands		100	%
Aptonet, Inc.	Georgia		100	%
Comm-IT USA, Inc.	Delaware		100	%

Subsidiary Name	Country of Incorporation	Ownership Percentage
Comblack Municipal Services Ltd.	Israel		70	%
Shavit Human resource Ltd.	Israel		100	%
Menarva Ltd.	Israel		100	%
Enable IT LLC. (shares held by Coretech Consulting Group LLC)	Delaware		100	%
Enable IT Consulting Services Canada Inc. (shares held by Enable IT LLC.)	Canada		100	%
Appush Technologies Ltd (Formerly known as Vidstart Ltd)	Israel		80.1	%
Appush Inc. (Shares held by Appush Technologies Ltd)	Delaware		100	%
The Goodkind Group, LLC	New York		100	%
Goodkind Hospitality, LLC	Delaware		100	%
Intrabases SAS	France		100	%
Roshtov Software Industries Ltd	Israel		80	%
BridgeQuest Labs, Inc. (shares held by BridgeQuest, Inc.)	North Carolina		100	%
BridgeQuest, Inc. (shares held by Magic Software Enterprises Inc.)	North Carolina		100	%
Allstates Consulting Services LLC (shares held by Magic Software Enterprises Inc.)	Delaware		100	%
F.T.S. - Formula Telecom Solutions Ltd.	Israel		100	%
FTS Bulgaria Ltd. (FTS Global Ltd.) (shares held by F.T.S. - Formula Telecom Solutions Ltd.)	Bulgaria		100	%
Comblack IT Ltd	Israel		80.1	%
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 (shares held by Infinigy (UK) Holdings Limited)	Georgia		100	%
Infinigy Solutions LLC. (shares held by Infinigy (US) Holding Inc)	Georgia		100	%
Infinigy Engineering LLP (shares held by Infinigy Solutions LLC.).	Georgia		100	%
Skysoft Solutions Ltd. (shares held by CommIT Embedded Ltd.)	Israel		75	%
Futurewave Systems, Inc. (shares held by Fusion Solutions LLC.)	Georgia		100	%
OnTarget Group, Inc	North Carolina		100	%
NetEffects, Inc. (shares held by Coretech Consulting Group LLC)	Missouri		100	%
PowWow Inc.	California		100	%
BA Microwaves Ltd.	Israel		56.67	%
Stockell Information Systems Inc.	Missouri		100	%
Mobisoft Ltd.	Israel		73.75	%
Magic Hands B.V.	Netherlands		100	%
Knowledge & Solutions Software B.V.	Netherlands		100	%
Aptonet, Inc.	Georgia		100	%
Comm-IT USA, Inc.	Delaware		100	%
Comblack Municipal Services Ltd.	Israel		70	%
Shavit Human resource Ltd.	Israel		100	%
Menarva Ltd.	Israel		100	%
Enable IT LLC. (shares held by Coretech Consulting Group LLC)	Delaware		100	%
Enable IT Consulting Services Canada Inc. (shares held by Enable IT LLC.)	Canada		100	%
Appush Technologies Ltd (Formerly known as Vidstart Ltd)	Israel		80.1	%
Appush Inc. (Shares held by Appush Technologies Ltd)	Delaware		100	%
The Goodkind Group, LLC	New York		100	%
Goodkind Hospitality, LLC	Delaware		100	%
Intrabases SAS	France		100	%