JD Supra Israel

Publisher:
JD Supra
Publication date:
2019-04-29

Publisher

Latest documents

  • Establishing A Business Entity In Israel (Updated)

    While there are a few different forms of “corporate” entities in Israel, this guide will focus on companies and partnerships as these are the entities that the non-Israeli businessman is most likely to set up or invest in if they are inclined to penetrate the Israeli market directly (rather than by working through an agent, distributor, etc.). The end of the guide will take a very brief look at the other kinds of entities that exist in Israel. Please see full Chapter below for more information.

  • Bankruptcy, Insolvency & Rehabilitation Proceedings in Israel (Updated)

    KEY FACTS OF BANKRUPTCY, INSOLVENCY & REHABILITATION PROCEEDINGS UNDER ISRAELI LAW - The Israeli Parliament (Knesset) passed a new statute regarding insolvency law, which is named the Insolvency and Rehabilitation Law- 2018 (the "Law"). The Law was enacted on March 5, 2018 and came into force on September 15, 2019. The Law offers a comprehensive reform and provides Israel with modern insolvency legislation dealing with both corporate and individual insolvency. Please see full Chapter below for more information.

  • Establishing A Business Entity In Israel (Updated)

    While there are a few different forms of “corporate” entities in Israel, this guide will focus on companies and partnerships as these are the entities that the non-Israeli businessman is most likely to set up or invest in if they are inclined to penetrate the Israeli market directly (rather than by working through an agent, distributor, etc.). The end of the guide will take a very brief look at the other kinds of entities that exist in Israel... Types of Business Entities - Companies - Israeli companies generally limit the liability of the shareholders for the debts and obligations of the company. The precise form of the limitation of liability is set out in the company’s articles of association. Normally, liability is limited to the subscription price of the shares held by the shareholders. It is possible for an Israeli company to decide not to limit the liability of its shareholders, but this is very rare and will not be considered further. There are private companies, which are companies whose shares cannot be publicly traded and public companies whose shares may be publicly traded on recognized stock exchanges, subject to applicable securities laws. The organs of an Israeli company are the general meeting of its shareholders and the board of directors. The most significant document of corporate governance for Israeli companies is the articles of association. Israeli companies formed after 1999 do not have a memorandum of association. Please see full Chapter below for more information.

  • Employers: Coronavirus Restrictions Have Expired

    On June 1, 2021, the regulations that guided the conduct of workplaces during the coronavirus crisis expired. Accordingly, from this day forward, there is no longer a requirement to operate in accordance with the green tag or purple tag directives in the workplace. At this stage, holding gatherings, professional trainings, and group meals at the…

  • Rules and Conditions for SPAC Issuances in Israel

    Over the past year, raising capital through SPACs (special purpose acquisition companies) has become a hot trend on Wall Street. A SPAC is a company with no business operations formed solely to raise capital through an IPO for the purpose of acquiring an existing business. While only one SPAC launched an IPO in 2009, a…

  • How Much Is Your Invention Worth or How Much Should You Pay to License Inventions?

    Licensing agreements are the cornerstones of technology companies based on intellectual property. A licensing agreement is a legal contract between two parties, known as the licensor and the licensee. The licensor provides the licensee a right to use and a limited license, while the licensee accepts a series of conditions related to use of…

  • Five Key Points on Capital Raising for Hedge Funds

    The cornerstone of a successful hedge fund is a successful investment strategy. That is self-evident. However, if the managers of the potential hedge fund are not successful in raising capital, this potential will never be tested or realized. We list below the five key points we believe hedge fund managers should take into account when…

  • International Commercial Arbitration Bill

    The commercial business world is a global one, and so are the disputes that arise within it. Such disputes are adjudicated in courts in various countries or in arbitration proceedings, with each procedure regulated under relevant domestic legislation. (For example, the Israeli Arbitration Law regulates Israeli arbitration proceedings.)

  • Prenuptial Agreements - New Israeli Supreme Court Ruling

    Up until now, the Israel Tax Authority interpreted the Real Estate Taxation Law so that spouses who signed a prenuptial agreement and maintained separate property were considered a single family unit for the purposes of real estate tax. Furthermore, it imposed on such a couple the burden of proving it was maintaining separate property. The Israeli Supreme Court’s latest ruling in this regard attempts to adapt the law to reality and is not sparing in its criticism of the ITA’s…

  • Public Companies without a Controlling Shareholder: A new amendment

    In recent weeks, the Israeli Ministry of Justice published a memorandum proposing an amendment to the Companies Law, focusing on the corporate governance regime in public companies without a controlling shareholder.

Featured documents

  • Employing foreign workers in Israel

    Immigration for non-citizens into Israel is governed by the Entry into Israel Law (1952). Since the 1990’s, hundreds of thousands of immigrant workers have come to Israel to be employed in various capacities as temporary workers. The regulation of employment of such workers is governed by the...

  • Israeli Regulators to Decide Regulatory Fate of ICOs in December

    On August 30, 2017, the Israeli equivalent of the U.S. Securities and Exchange Commission, the Israeli Security Authority (“ISA”) announced it had formed a committee to study whether, and how, to apply Israeli securities laws to initial coin offerings (“ICOs”). Specifically, the ISA stated it would ...

  • E-2 Treaty Investor Visa Eligibility for Israel Expected May 1

    Israeli entrepreneurs will be able to get E-2 investor visas to launch startups in high-tech and other industries in the United States, and to work in the country to develop those businesses. Reciprocal rules will allow US investors to start new businesses in Israel using B-5 visas....

  • Bankruptcy, Insolvency & Rehabilitation Proceedings In Israel

    KEY FACTS OF BANKRUPTCY, INSOLVENCY & REHABILITATION PROCEEDINGS UNDER ISRAELI LAW - The Israeli parliament (Knesset) passed a new statute regarding insolvency law, which is named: The Insolvency and Rehabilitation Law-2018, (the "Law"). The Law was enacted on March 5, 2018, and it will come...

  • The High Court of Justice's Policy on Workplace Sexual Harassment in Israel

    The National Israeli Labor Court is an independent tribunal and thus only rarely does the High Court of Justice (HCJ) intervene in its decisions. Recently, in an unusual move, the HCJ twice reversed the rulings of the National Labor Court. In both cases as part of its policy to eliminate the...

  • Good Night 2019!

    It has certainly been an interesting 2019 in the Israeli Hi-Tech space, here is a rundown of 10 highlights, in case you missed them......

  • Pregnant Women May Now Be Put on Unpaid Leave without Labor Ministry Approval

    In light of the COVID-19 crisis, many employers, including many of our clients, have been forced to send their employees to unpaid leave. However, in the case of pregnant women, women and men undergoing infertility treatment, and women returning to work after maternity leave, employers are required ...

  • Remuneration Policy: New Reliefs for Officers' Insurance

    The Israel Securities Authority announced a new relief for public companies regarding directors’ and officers’ liability insurance. This relief will enable companies to include in remuneration policies only the scope of the insurance coverage, without the other parameters required to date....

  • Coronavirus in Israel – Getting Your Business Seen as an Essential Service (Update 25.9.20)

    In accordance with the regulation approved today and until October 10th (subject to any extension) only business listed in the essential businesses list are allowed to continue and operate in the place of business. In addition activities essential for the remote operation of the business may be...

  • Second Phase of Financial Assistance Grants for Third Sector Kicks Off

    Last May, the Social Affairs Division in the Accountant General Department in the Ministry of Finance published a number of steps designed to assist third-sector organizations (’Amutot’ and public benefit companies), and civil society. Several days ago, the second phase of financial assistance...

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