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UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON , D.C. 20549 FORM 20 - F □ REGISTRATION STATEMENT PURSUANT TO SECTION 12 ( b ) OR 12 ( g ) OF THE SECURITIES EXCHANGE ACT OF 1934 OR × ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31 , 2020 OR □ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to OR SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of event requiring this shell company report Commission File Number : 000-29442 อ Formula Systems FORMULA SYSTEMS ( 1985 ) LTD . ( Exact Name of Registrant as Specified in Its Charter and translation of Registrant's name into English ) Israel ( Jurisdiction of Incorporation or Organization ) Yahadut Canada 1 Street , Or Yehuda 6037501 , Israel ( Address of Principal Executive Offices ) Asaf Berenstin ; Yahadut Canada Street , Or Yehuda 6037501 , Israel Tel : 972 3 5389389 , Fax : 972 3 5389300 ( Name , Telephone , E - mail and / or Facsimile Number and Address of Company Contact Person ) Securities registered or to be registered pursuant to Section 12 ( b ) of the Act : Title of Each Class American Depositary Shares , each representing one Ordinary Share , NIS 1 par value Trading Symbol ( s ) FORTY Name of Each Exchange On Which Registered NASDAQ Global Select Market Securities registered or to be registered pursuant to Section 12 ( g ) of the Act : None Securities for which there is a reporting obligation pursuant to Section 15 ( d ) of the Act : None