Marce Ruth St. Rey
Party time in the heart, my beloved husband received his residence after so much time of battles and faith. Gratitude, God has blessed us with wonderful beings who have accompanied us, including a "precious angel" who touched our hearts, our excellent and fantastic lawyer: Maria Chernin Dekel, sweet and wonderful human being, who has guided us and stayed On our side. side in this intense legal transit whom we bless on every occasion. God bless you dear Maria, you have exceeded your professional duty by containing us and collaborating with us in hard times, very hard, for that we want to thank you publicly, you are unique!!!
We bless and thank the entire team at Decker Pex Tal Ofir Law Firm.
We highly recommend Adv. Mike Decker and have know him for many years. He has helped our family with many battles over the years. We recently received our permanent residency after 23 years in Israel. We so much appreciate Mike’s representation of us.
Excellent service, very friendly and helpful, fast responding and very patient. Highly recommend. I will choose them again next time if needed.
I have been receiving services from this Law Firm for several years now and I want to say THANK YOU to the team, especially Joshua Pex. They are doing outstanding work. The services I have received for both our Israeli non profit association but also our social business have helped us solve many issues at hand and provided solutions in complicated situations. Personally, I am grateful for support in visa issues as a foreigner living now in Israel for many years.
The team at Decker, Pex & Co have been awesome to work with in helping our US company establish banking in Israel and in providing counsel for legal needs in Israel. I highly recommend!
Incredibly knowledgeable, approachable, accessible, and evident across the board that they truly care about the people they are helping. They are quick to respond, engaged, and obviously top-notch lawyers. I couldn't recommend them highly enough. Thank you, Joshua and Itamar for your help with our Joint Life Application. You were a calming energy during a storm - always breathed a sigh of relief after speaking with you. It is so difficult to get straight answers from the Misrad Hapnim, but you guys are straight shooters. I appreciate your candor and evident integrity. Hope to work with you in the future, and will send everyone I know in need of legal aid your way. Thank you for your guidance and support.
The team of lawyers and assistants are incredibly professional. Aiming to give their clients the advice possible regarding the normative and the law of Israel. With well trained and professional secretary at the front desk to the lawyers team, I could say that I had one of the most professional services possible. I'm super glad of choosing Joshua Pex of Law office for immigration solution, lawyers to advise in my case, to me, it is remarkable.
We were very pleased and content with the services of this law firm. They supported us 100% and solved our case successfully, we couldn't be happier.
I really recommend the law office's services. The service is very professional and efficient, the price is right. I am satisfied with the services I needed and happy to have known them.
Oded Ger did an excellent job by reviewing a modeling contract I was offered. Explained the bad clauses in the contract, and their possible consequences. Thank you for your amazing job, your professionalism, your consultation and honesty. You showed me from your experience how it can be done differently. It was the best decision choosing you as my lawyer.
I highly recommend this firm, especially Oded Ger.
I cannot recommend Nechama enough! Her expertise, professionalism, and dedication to her clients is unparalleled. From the moment I reached out to her, she provided clear and concise communication, and helped me navigate through a complex legal issue with ease.
Throughout the entire process, Nechama went above and beyond to ensure that I was informed and comfortable with every decision. She demonstrated a deep knowledge of the law, and was able to offer sound advice that ultimately led to a positive outcome.
What sets Nechama apart is her compassionate and empathetic approach to her clients. She truly cares about the well-being of her clients, and it shows in the way she handles every case.
If you are in need of a lawyer, I highly recommend Nechama.
Dongdiet & Nellie
We are very happy with the services. Somehow they managed to translate the law lingo into language we actually understand 😉 and their outstanding YouTube videos helped us to have a better grasp of what process we had to go through. Their patience, clear explanation and experience are very valuable. It's also very nice to know that you will receive response promptly; it made us feel we can really trust their services. We recommend all those looking for immigration lawyers to get in touch.
I am delighted to report that my wife and I have just obtained our Israeli citizenship. We will be forever grateful for all of the help, guidance and support which Ariel Galili of Decker, Pex & Co. provided through this process.
I am a Jewish, 80-year-old American, and my wife is not Jewish. We had started the process on our own back in November 2020 via the Jewish Agency and Nefesh B’Nefesh, but soon became entangled in the delays and often-changing regulations due to Covid-19. The pandemic also caused delays in obtaining the required apostilles for various documents from various state agencies and the US State Department.
We found Decker, Pex & Co. On the internet and began working with Ariel in late November 2021. Ariel did a superb job of leading us through the process, helping us to understand which documents were essential, which would most likely be required, and which, though included on the list of required documents, were rarely required. He helped us several times to understand what was likely and unlikely to occur as “the next step.” Helping us manage our expectations was extremely useful to us.
Besides his knowing the laws, regulations and procedures, Ariel also made us feel that he was truly interested in helping us to successfully work through this process in as smooth, timely, and frustration-free manner as possible.
My wife and I strongly recommend anyone planning to go through this process seriously consider hiring Decker, Pex, Ofir & Co. and, specifically, Ariel Galili.
Alexander P Gutterman
EU PASSPORT ! Big news! Thanks to Michael Decker and the other good people at the law office, as well as to the virtue of my ancestors, the cruelty of the Inquisition, reparations issued in the Iberian Peninsula, and etc, I am delighted to be on track for Portuguese and European Union Citizenship! A truly incredible development and one which brings me deep joy.
Great lawyers Joshua Pex and Nechama and Michael Deker who really want to help you and I have very trustful relationships with them. All my cases they took they won. Thank you and let’s keep working together
The best lawyer firm I’ve had dealt with. I would like to thank Anat Levi and Ariel Galili from the Jerusalem branch for all of their efforts and patience, we could not have been Able to reach to where we are now without them
Sergei m Vashkevich
We came to Mr. Joshua with so many questions (and most of all, with so many concerns and worries) …
When we explained our case to him, first of all, he calmed us down and helped us to see the big picture, which took away our fears;
Then he presented us with a detailed explanation and a few options to explore, and a timeline, how things work and necessary steps to undertake on our part,
We thank and highly recommend Mr. Joshua for showing us so much empathy, care and professionalism (!)
A really excellent firm. They knew exactly how to handle my situation effectively and efficiently, and we got the result I needed without much fuss. Adi Berger was a wonderful advocate for me and I am deeply grateful for her help!
I admire the Austrian citizenship team in Tel-Aviv branch! They deserve more then 5 stars!! They are very friendly and professional. I've got Austrian citizenship in 4 months for all family members which consists of 12 people! The entire team is very friendly and responsive. They are always answering questions and support during the process. I recommend to everyone. Was 100% satisfied.
Mr. Joshua Pex is knowledgeable and Professional. I really appreciate his courteous and direct approach.
We had a pleasure of working with Irena Rosenberg who assisted in getting our two U.S. born children registered in Israel and supported visa process for my wife in 2021. During the pandemic, my wife and I decided to move to Israel where I am originally from after living in the U.S. for over 20 years, but we had no idea how to go about securing visas before and after arriving in Israel. Irena is knowledgeable, reliable and competent lawyer who always had answers to all our questions which made us feel confident that everything would be fine with her assistance. We are now happily living in Israel and are so grateful to have Irena who is a genuinely nice person as our lawyer.
We (myself and my husband) came to Mr. Joshua Pex – for his professional advice – and we received such human warmth and caring attitude, that our hearts melted …
His attention to our details and our situation peculiarities, combined with his professionalism and knowledge, helped us to map out what needs to be done on our part: we appreciate and recommend You, Mr. Joshua!
If you need to solve any complicated legal issue in Israel, don't hesitate to contact them. Otherwise you will loose hours/days/weeks with things that they can solve in minutes. They helped me to obtain my expert working visa in Israel and even after that they responded further questions and gave me advices related to administrative issues in Israel which saved me a lot of time. Irena Rosenberg and Michael Decker worked on my case, they are very professional and helpful. They will not let you down, feel free to contact them.
Best lawyer house from Israel! I couldn’t dealt with my situation without their professionalism and effectiveness. Their dedication to every legal aspect and their drive it’s how a true lawyer house can be!
Working in European market and international now, I couldn’t dare to let myself wide my wings on countries unknown to me. Definitely they’ll be the lawyers representing me, my business at every international aspect and on personal development.
When you hear Decker,Pex,Ofir &Co, you hear 10+ class services, luxurious professionals, confidentiality and exclusive attention to your needs.
We were searching for a law firm that will be honest with us and really work hard for a satisfying result, it wasn't an easy task
We found them online; they were the only law firm from all of our searchings which were completely honest and NOT gave us just what we wanted to hear
Using them guaranteed honesty above all. A legal team that is friendly and cares for a superb result
They really care about helping their customers without any other interest
Nadia gave us service behind what we expected; she was professional which lead to fast and easy process with great result
We definitely recommend using them
Courteous, clear, efficient service.
Michael and Ariellah Waizman
For Advocate Joshua Pex.
We were in a devastating situation when my wife received an order from the immigration office to leave Israel within 30 days, without any explanation, after we have been married and in the process for six and a half years. We heard of Advocate Pex through a friend of a friend. We contacted Mr. Pex and he was ready to help us when he heard of our situation.
The service is amazing! Always ready to assist without regard to the time it takes. The advice Mr. Pex gave us was great, such as what to do, he gave useful links, and advice about which officials to contact. The price for the service was great!
The process until we received the extension for another year for my wife was not long (3 months). Things started moving once Mr. Pex came into the picture.
We highly recommend Advocate Joshua Pex! We achieved our goal and the fear of deportation has been lifted!
Very knowledgeable and professional
I can highly recommend these services!
Every time we turned to Joshua we always got a professional quick and helpful respond.
Extrmely friendly, professional and helpful. A big thank you to Irina especially from the Jerusalem office. Highly Recommended.
Josh has been helping me on and off for a few years now. I have needed legal advice and assistance with immigration due to a complex situation of mine, and he has been extremely available and responsive, honest and clear about my route and how to proceed. Very much recommended!
We have been working with Decker, Pex & Co - Law Firm in Tel Aviv for many years very well. Because we appreciated their lawyers services, we recommended businesses and individuals again and again to go there as well.
Joshua Pex was both an amazing human being and an inspiring human rights attorney. I reported directly to him for various activities I performed as in intern. I was impressed with his incredibly solid character. He is trustworthy, fair, and goes above and beyond to advocate for the vulnerable. He is completely trustworthy and high caliber in his work. His partners and employees are very blessed to work with him. I am honored to know them.
competent consulting, fast processing, reliable, warm & good team. highly recommended
We were very satisfied with the service of Nehama. She was very professional in all her dealings and kept us informed all the way.
We highly recommend this law firm. They proved to be reliable, efficient and pleasant to work with.
This article addresses the rules that Israeli not for profit organizations need to know about transferring funds, loans and stipends.
This Series of Posts
Our team of lawyers has experience in a variety of fields, including Israeli law on not for profit organizations. This article is one in a long series focusing on information about not for profit or charitable organizations (an amuta in singular and amutot in plural) in Israel. This series of posts will discuss the various rules for proper and legal management of not for profit organizations in Israel in order to better help you run your organization.
For more information on the Israeli Corporations Authority which oversees Israeli non-profit organizations, see the government website. For more articles from an Israeli lawyer and legal advice for Israeli non-profit organizations related to the topic of this article, see our articles about record keeping, administrative fines and prohibitions and an in-depth audit.
There are guidelines in place regarding how an Israeli amuta or Israeli not for profit organization can transfer funds, lend money and pay stipends. The reason for this is to ensure that the Israeli not for profit organization is acting in accordance with its objectives and serving the public interest.
There are procedures in place allowing an Israeli not for profit organization to transfer some of its funds or assets to another not for profit organization. There are, however, some conditions that need to be met.
1) If an amuta wants to transfer funds or assets to another not for profit organization or corporation, it may only do so if it is line with or promotes the giving amuta’s objectives as registered with the Registrar of Amutot.
2) Any funds or assets that an amuta wishes to transfer can only be given to a not for profit organization that has similar objectives to the amuta making the transfer.
3) The amuta must ensure that the original donor or organization that transferred funds to the amuta knows that the funds donated might be given to another organization.
4) The General Assembly must be aware of any transferred assets that could influence the giving amuta’s activities. In all other cases, the amuta’s Executive Board must approve the transfer of assets.
5) The amuta that gives the funds must supervise how the funds or assets are used, ensuring they are being used for the specified intent.
6) The amuta that wishes to give the funds or assets must ensure that the not for profit organization receiving the funds has a certificate of proper management or some other comparable certificate.
Any transfers that take place must be mentioned in the annual verbal report.
The rules for loaning money build on the rules for transferring funds and assets. As with rules that corporations or companies abide by, Israeli not for profit organizations may make loans to employees (generally long-term employees) as a benefit to ensure that the employee will commit for a longer period. It is also permitted for an Israeli not for profit organization to lend money to another not for profit organization so long as all relevant stipulations under the transferring funds or assets section are met.
If all the rules above are not met, an amuta can still loan money to another organization if it meets the following conditions:
1) The borrowing organization is a not for profit organization.
2) The borrowing organization has objectives similar to the objectives of the amuta lending the money.
3) The Executive Board of the amuta seeking to lend money approves the loan.
4) The lending amuta and borrowing organization sign a loan agreement detailing conditions, interest rate, terms of repayment and the date by which repayment is due.
5) The borrowing organization must provide reasonable securities for repaying the loan.
6) The amuta lending the money must ensure that loaning money to another organization will not jeopardize its own operations or prevent the lending organization from accomplishing its specified goals.
7) The Executive Board must agree that the borrowing organization can meet the terms of the loan agreement, particularly repaying by the specified date.
8) The Executive Board must have confidence that the not for profit organization borrowing the money is being managed well.
Additionally, an Israeli not for profit organization is permitted to loan money to its employees so long as the terms are reasonable.
If the Israeli not for profit organization grants loans as part of its objectives, it may do so as long as there are detailed terms regarding the loan and that those receiving the loans are treated equally.
The Israeli not for profit organization may not loan money to amuta members who are not employees, nor may it lend money to Executive Board or Audit Committee members. The only way an amuta may lend money to these individuals is if the amuta has objectives to lend money and these members meet the criteria for the loans.
Israeli law prefers that not for profit organizations do not pay money in cash as this limits proper oversight of the organization’s finances. As such, stipends may not be paid in cash. If an Israeli not for profit organization does pay stipends in cash, the Registrar of Amutot may withhold a certificate of proper management. Instead, stipends should be paid by check to the “payee only.” Any stipends paid must fall under clearly defined criteria.
If you have questions about transferring funds, loans and donations, please contact us.
Advocate Joshua Pex specializes in Israeli not for profit law and would be happy to discuss the needs of your not for profit organization with you.