UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                               AMENDMENT NO. 1 TO

                                    FORM 20-F

       [_] REGISTRATION STATEMENT PURSUANT TO SECTION 12(B) OR (G) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

                                       OR

       [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES
                              EXCHANGE ACT OF 1934

                   For the fiscal year ended December 31, 2007

                                       OR

     [_] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES
                              EXCHANGE ACT OF 1934

                                       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 _____________

               For the transition period from ________ to ________

                        Commission file number: 2-0-27648

                          VOCALTEC COMMUNICATIONS LTD.
            (Exact name of registrant as specified in its charter and
                            translation into English)

                                 STATE OF ISRAEL
                 (Jurisdiction of incorporation or organization)

                           60 MEDINAT HAYEHUDIM STREET
                                 HERZLIYA 46140
                                     ISRAEL
                    (Address of principal executive offices)

           ELI GENDLER, PHONE: 972-9-9703888, FACSIMILE: 972-9-9558175
          ADDRESS: 60 MEDINAT HAYEHUDIM STREET, HERZLIYA 46140, ISRAEL
    (Name, Telephone, Facsimile number and Address of Company Contact Person)

Securities registered or to be registered pursuant to Section 12(b) of the Act:

                                      NONE.

Securities registered or to be registered pursuant to Section 12(g) of the Act:

                     ORDINARY SHARES, PAR VALUE OF NIS 0.13
                               Title of each class

Securities for which there are a reporting obligation pursuant to Section 15(d)
of the Act:

                                      NONE.

The number of outstanding shares of each of the issuer's classes of capital or
common stock as of December 31, 2007

             7,376,364 ORDINARY SHARES, PAR VALUE NIS 0.13 PER SHARE


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Indicate by check mark if the registrant is a well-known seasoned issuer, as
defined in Rule 405 of the Securities Act.

                               [_] Yes     [X] No

If this report is an annual or transition report, indicate by check mark if the
registrant is not required to file reports pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934.

                               [_] Yes     [X] No

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to such filing
requirements for the past ninety (90) days.

                               [X] Yes     [_] No

Indicate by check mark whether the registrant is a large accelerated filer, an
accelerated filer, or a non-accelerated filer.

[_] Large accelerate filer    [_] Accelerate filer    [X] Non-accelerated filer

Indicate by check mark which basis of accounting the registrant has used to
prepare the financial statements included in this filing:

[X] U.S. GAAP

[_] International Financial Reporting Standards as issued by the International
Accounting Standards Board

[_] Other

If "Other" has been checked in response to the previous question, indicate by
check mark which financial statement item the registrant has elected to follow.

                           [_] Item 17     [_] Item 18

If this is an annual report, indicate by check mark whether the registrant is a
shell company (as defined in rule 12b-2 of the Exchange Act)

                               [_] Yes     [X] No

(APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PAST
FIVE YEARS)

Indicate by check mark whether the registrant has filed all documents and
reports required to be filed by Sections 12, 13 or 15(d) of the Securities
Exchange Act of 1934 subsequent to the distribution of securities under a plan
confirmed by a court.

                               [_] Yes     [_] No


<PAGE>


                          AMENDMENT NO. 1 TO FORM 20-F

This amendment No. 1 to the registrant's annual report on Form 20-F for the year
ended December 31, 2007 is filed with the Securities and Exchange Commission
(the "Commission") in order to correct certain technical errors in Exhibit 14
that was filed with the Commission on July 15, 2008 as part of the registrant's
original Form 20-F. The consent of Kost Forer Gabbay & Kasierer, an affiliate of
Ernst & Young Global, Independent Auditors, which was filed as Exhibit 14 to the
original Form 20-F, is hereby replaced by the consent attached to this
amendment. Except for such amendment, the original Form 20-F remains unchanged.


<PAGE>


                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this Amendment No. 1 to be signed on its behalf by
the undersigned thereunto duly authorized.

                                                        By /s/ Joseph Albagli
                                                        ---------------------
                                                        Joseph Albagli
                                                        Chief Executive Officer

Dated:  July 23, 2008

                                  EXHIBIT LIST

Exhibit 14 to Form 20-F