Corporate and Commercial Law
International Tax Planning
What is international tax planning? International tax planning is a field whose importance increases every year. It covers various branches of international tax law, including conducting business according to international tax treaties, approving international transactions, proper reporting to tax authorities in Israel and abroad, and more. The boundary between legal and illegal tax planning is…
Read MoreInternational Tax Treaties
What are international tax conventions? As part of legally dealing with the current business environment, in which many companies operate in a number of different countries, and in order to prevent double taxation, many countries have entered into international tax treaties to prevent over-taxing of businesses that operate outside of the country where they were…
Read MoreControlled Foreign Corporation (legal information from an attorney specializing in international taxation)
What is a controlled foreign corporation? In the wake of a new amendment to the Income Tax Code, Israelis with a controlling interest for at least two years in a foreign company which is not issued on the Stock Exchange are required to pay taxes accordingly, once the company is classified as a foreign corporation…
Read MoreStarting a Yeshiva in Israel (Legal Information)
Starting a yeshiva in Israel is a legally complex process. It involves, among other things, setting up a non-profit organization (amuta), applying to the relevant authorities to get the yeshiva recognized as a Torah institution, and applying for budgetary support and exemptions from municipal tax and other taxes. Despite the large number and variety of…
Read MoreExploitation as a Reason for Canceling a Contract in Israel
Can an unfair or exploitative phrasing of an agreement or specific clauses within an agreement constitute a valid reason for canceling a contract in Israel? Attorneys specializing in company law at our office deal with various cases, and we always have our client’s best interests in mind. In cases of clients wanting to cancel an…
Read MoreAuthenticating a Judgment That Was Ruled Abroad
Authenticating a judgment that was ruled abroad, as well as obtaining a certified translation of the judgment, is required when the need arises to enforce foreign judgments in Israel. Failure to comply with the strict rules on the matter may lead to the denial of a request for the enforcement of a foreign judgment in…
Read MoreTemporary and Permanent Injunctions – Legal Information
Injunctions are a very powerful legal tool that are used in many civil lawsuits. They may serve as a solution to business disputes, lead to the closure of factories that are a noise nuisance or that cause pollution for neighbors, stop the execution of contracts, and the list goes on. Below, a civil lawyer and…
Read MoreOpening a Digital Store – Four Legal Tips That May Save You a Lot of Money
We have all recently come to see how important online commerce is. Over the past years (and especially since the COVID-19 crisis), opening a digital shop in Israel has become a common practice for many businesses. Unfortunately, our experience shows that few digital store owners are aware of the many legal requirements that they must…
Read MoreAppointing an Israeli representative for a foreign or international company – what does it entail?
We are often asked by foreign and international companies seeking to operate in Israel – why does appointing an Israeli representative for a foreign company involve such substantial expenses? There are a number of reasons, but the main one is the high level of commitment on the part of the Israeli representative in their work…
Read MoreThe process of establishing a company in Israel
The Israeli corporations’ authority within the Ministry of Justice is responsible for the registration of companies in Israel. Anyone who is interested in establishing a company in Israel, whether private limited liability company, a branch of a foreign company or an Israeli partnership, will need the approval of this state agency. The requirements for registration…
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