_ FORM 6-K SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 For the month of October 2006 Commission File Number: 0-29442 Formula Systems (1985) Ltd. (Translation of registrant's name into English) 3 Abba Eban Blvd. Herzliya, Israel (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form 20-F X Form 40-F________ Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): N/A Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): N/A Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes____ No X If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- N/A CONTENTS This report on Form 6-K of the registrant consists of the following document which is attached hereto and incorporated by reference herein: 99.1 Notice of Extraordinary General Meeting of Shareholders for November 12, 2006 and Proxy Statement SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Formula Systems (1985) Ltd. (Registrant) By: /s/ Dan Goldstein --------------------- Date: October 5, 2006 Dan Goldstein EXHIBIT INDEX Exhibit Number Description of Exhibit 99.1 Notice of Extraordinary General Meeting of Shareholders for November 12, 2006 and Proxy Statement