Author Info for Barnea Jaffa Lande & Co.

Eldar Adato

Much More than 66% – Must-Know Changes in the Urban Renewal Field

After years of expectations, the government has approved the legislative amendments needed to promote “Urban Renewal” projects in Israel. While everyone is talking about the amendment lowering the threshold of consent for… more

Affordable Housing, Amended Legislation, Apartments, Condominiums, Housing Developers

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Terry Almozlino Arnon

Simulated Contracts and Concealed Agreements

In a new ruling addressing the legal validity of simulated contracts and the agreements concealed behind them, the Israeli Supreme Court significantly weakens the standing and legal validity of these contracts, while making it… more

Commercial Real Estate Contracts, Contract Terms, Israel, Purchase Agreement, Real Estate Transactions

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Noemie Amar

Employing teenagers in Israel during summer vacation

In Israel, many employers customarily employ teenagers during the summer vacation. Since the school year is coming to a close, we are recapping highlights of the Youth Employment Law to remind employers about what is permitted… more

Employee Rights, Employer Responsibilities, Employment Policies, Federal Labor Laws, Hiring & Firing

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Hadad Amit

Employer Guide: Work in Times of Emergency

The past few days have been fraught with considerable complexities, including with regard to labor relations in Israel. The big question these days is who has permission to work, and from what location. In this update, we… more

Collective Bargaining Agreements (CBA), Employee Rights, Employer Responsibilities, Essential Workers, Israel

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Alon Anava

Israeli Private Companies and Prospectus Obligations

A considerable number of Israeli private companies raise funds and approach prospective investors without a comprehensive understanding of the regulatory obligations mandated by the Securities Law. A pivotal provision in this… more

Capital Raising, Corporate Governance, Crowdfunding, Investors, Israel

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Yarden Anavi

Israel Competition Authority Intensifies Enforcement Measures and Indicts Schestowitz VP for a Suspected Cartel in the Food Sector

The Israel Competition Authority (ICA) conducted a thorough investigation of the S. Schestowitz Group, an Israeli company in the food and consumer goods sector, due to suspicions the company operated a cartel in the food… more

Antitrust Investigations, Antitrust Violations, Breach of Competition Law, Cartels, Consumer Product Companies

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Fadi Atallah

Israel Tax Authority updates its guidelines on investments through SAFEs

The Israel Tax Authority (ITA) recently published updated guidelines, regarding tax aspects applying to investments in companies through SAFEs. Such guidelines were published following the previous guidelines published by the… more

Capital Gains, Corporate Taxes, Guidance Update, Investment, Israel

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Shai Avnieli

Court Ruling Could Change the Status of Lump-Sum Contracts

The construction sector uses two main types of contracts. The first type, called a “measurement contract,” is a contract whose underlying principle is accuracy. In this type of contract, the contractor’s consideration is… more

Construction Contracts, Construction Industry, Construction Litigation, Construction Project, Contract Disputes

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Rahaf Awawdi

The Profit Test for Dividend Distribution – Israeli Court Ruling

The Israeli Companies Law provides for two tests a company’s board of directors must perform to approve a resolution to distribute dividends. The first test is the “profit test” and the second is the “solvency test.”… more

Board of Directors, Companies Law, Corporate Governance, Dividends, Fiduciary Duty

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Michael Barnea

[Webinar] Israel - July 2025 Status and Future Outlook - July 7th, 4:00 pm IT

Since October 2023, Israel has faced a multi-frontal conflict, reaching its peak with the recent escalation with Iran. As the conflict nears its end and major threats diminish, Israel appears to be standing at the threshold of a… more

Abraham Accords Peace Agreement, Defense Sector, Foreign Policy, Foreign Relations, Geopolitical Risks

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Shay Bello

Supreme Court Dismisses Nespresso Suit against Espresso Club

The Supreme Court recently dismissed an appeal by Nestlé, the Swiss multinational food and drink processing conglomerate, and its subsidiary corporation Nespresso, filed against our client, the Israeli company Expresso Club. The… more

Advertising, Appeals, Copyright, Copyright Infringement, Dismissals

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Eli Beloshevsky

Employment Law: Everything You Need to Know for the Beginning of 2025

Israel began 2025 with a series of labor law amendments and updates. Following are highlights of relevant amendments and innovations… more

Compliance, Contract Terms, Employee Benefits, Employment Contract, Employment Discrimination

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Gal Ben David

Five Things You Didn’t Know about Impact Investing

In the last decade, impact investments have become an international trend to address global challenges in the areas of environment, welfare, health, employment, and education. In light of the development of the impact… more

B Corporation, Corporate Governance, Corporate Social Responsibility, Environmental Social & Governance (ESG), Investment Funds

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Hagit Ben Moshe

From Agricultural Lands to Business Projects: How to Overcome Challenges along the Way

Over the last decade, agricultural communities in Israel have become increasingly attractive. They are attractive for investors looking to invest in existing industries, as well as for entrepreneurs seeking to establish business… more

Agribusiness, Agricultural Land, Commercial Use, Economic Development, Farms

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Dana Ben-Yehuda

The Israeli Approach to Anti-Dilution Rights

Two of the tools investors can use to minimize the risks they take and preserve their holding percentage in a company are the anti-dilution protection and pre-emptive rights. These very important rights are customarily included… more

Anti-Dilution Terms, Corporate Governance, Investors, Israel, Share Price

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Moran Bickel

Arbitration Clauses in International Agreements – Do’s and Don’ts

Contractual engagements inevitably beget legal disputes. Even the best agreement is no guarantee the engagement will succeed. Accordingly, one of the most important provisions in any commercial agreement is the provision that… more

Arbitration, Arbitration Agreements, Arbitration Awards, Breach of Contract, Contract Drafting

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Ilan Blumenfeld

Phantom Stock: A Strategic Tool for Equity Incentivization

In the contemporary landscape of talent management, organizations face major challenges in recruiting and retaining top-tier professionals. Equity incentive mechanisms have emerged as a sophisticated strategy to cultivate… more

Corporate Governance, Employee Benefits, Equity Compensation, Income Taxes, Israel

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Irit Brodsky

U.S. Scores New Legal Antitrust Victory Over Google

The US government, led by President Trump, has recorded another big win in the battle that US law enforcement agencies have been waging for years against Google. This time, a federal court issued a landmark ruling stating that… more

Adtech, Advertising, Antitrust Litigation, Antitrust Violations, Department of Justice (DOJ)

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Netta Bromberg

Definition of “Essential Sector”: Work During the State of Emergency in Israel

On June 15, 2025, the Minister of Labor announced the application of the provisions of Chapter D of the Emergency Employment Service Law to the entire country, which allows workplaces certified as “essential” and “workplaces… more

Employee Rights, Employer Responsibilities, Essential Functions, Healthcare, Israel

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Maya Carmi Lubartovski

Sibling Share Transfers Tax-Exempt—even via Parents

A recent district court ruling broadened the interpretation of the statutory provisions governing exemptions from land appreciation tax and ruled that transfers of shares of a real estate association as a gift between siblings… more

Capital Gains, Capital Gains Tax, Family Members, Gifts, Israel

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Amichai Cohen

European Commission Tightens Law Enforcement on Pharmaceutical Cartels

In July 2025, the European Competition Commission imposed a EUR 489,000 fine on Alchem International Pvt. Ltd. and its Hong Kong subsidiary for their involvement in a pharmaceutical cartel involving the active ingredient used in… more

Anti-Competitive, Antitrust Violations, Cartels, Civil Monetary Penalty, Competition Authorities

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David Cohen

Advantage to Israeli Banks When Self-Exercising a Deposited Pledge

A deposited pledge is an arrangement enabling lenders to receive efficient, inexpensive, and readily available collateral from borrowers to secure credit. However, the current legislative arrangement in Israel differentiates… more

Banking Sector, Banks, Collateral, Foreign Banks, Insolvency

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Eden Cohen

Innovation in Uniform: The Rise of Israel’s Defense-Tech Sector

The various wars that have taken place around the world in recent years, including the Russia-Ukraine war and the Swords of Iron War, have placed the DefenseTech sector in the spotlight. Amid changes in global security dynamics… more

Artificial Intelligence, Cybersecurity, Defense Sector, Export Controls, Innovative Technology

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Efrat Cohen

Israel’s Latest Attempt to Increase Competition in the Banking Sector

On August 6, 2025, the interministerial team to increase competition in the retail banking sector (established by Israel’s Minister of Finance in collaboration with the Governor of the Bank of Israel) published its… more

Bank of Israel, Banking Sector, Competition, Financial Regulatory Reform, Financial Services Industry

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Liron Dahan

State Must Create a Temporary Framework for Insolvency Procedures in Light of COVID-19

The coronavirus pandemic has wreaked extensive economic havoc on the activities of many businesses and households in Israel. According to data from the Commissioner of Insolvency Proceedings, 2020 brought a rise of about 41% in… more

Coronavirus/COVID-19, Financial Distress, Insolvency, Israel, Ministry of Justice

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Hanna Daher

Knesset Committee Approves Bill Easing Tax Relief in Restructuring

The Knesset Finance Committee approved a draft bill for second and third readings to ease the conditions for tax relief during corporate restructuring. The bill was first published in the initial draft bill within the tax… more

Business Entities, Capital Gains, Corporate Restructuring, Corporate Taxes, Income Taxes

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Alon Davidovich

New Israeli Court Ruling on Artificial Transactions

A recent court ruling in the Shalam Packaging Products Group case addressed claims made by the Netanya tax assessor. The assessor argued the group executed a restructuring solely to reduce its tax liabilities by offsetting… more

Business Losses, Business Taxes, Capital Gains, Debt Restructuring, Insurance Claims

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Ariella Dreyfuss

A Share Deal or An Asset Deal in Israeli Mergers & Acquisitions?

You have identified an Israeli target company to purchase. Now the question is – how to structure the acquisition? There are two traditional routes in Israeli private M&A transactions. The first is to purchase the shares of the… more

Acquisitions, Asset Purchase Agreements, Asset Purchaser, Change of Ownership, Complex Corporate Transactions

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Michael Dubin

State Must Create a Temporary Framework for Insolvency Procedures in Light of COVID-19

The coronavirus pandemic has wreaked extensive economic havoc on the activities of many businesses and households in Israel. According to data from the Commissioner of Insolvency Proceedings, 2020 brought a rise of about 41% in… more

Coronavirus/COVID-19, Financial Distress, Insolvency, Israel, Ministry of Justice

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Eran Elharar

Internal Enforcement and Compliance Surveys: Essential for Organizations in Israel

In an era of stringent regulations and increasing legal risks, it has become essential for organizations to implement internal enforcement programs. However, in order for such programs to provide legal protection, they must be… more

Banking Sector, Corporate Governance, Data Protection, Department of Justice (DOJ), EU

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Roy Engel

Comprehensive comparison between closed-end funds and open-end funds

Investment funds have a variety of legal structures customized to investors’ various needs and investment policies. The two main fund structures are closed-end funds and open-end funds, which differ in several material… more

Asset Management, Closed-End Funds, Investment Funds, Investment Management, Israel

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Anat Even-Chen

"Buy-Sell" Model Activity Exempt from Payment Services Licensing

The Israel Securities Authority recently published a staff legal position addressing the licensing requirements for businesses operating in the “Buy and Sell” or “Reseller” model in online marketplaces. The position clarifies… more

E-Commerce, Exemptions, Internet Retailers, Israel, Israel Securities Authority (ISA)

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Tal Freilich Hai

When the Cannons Roar - Israeli High-Tech Soars

The State of Israel has been in a constant state of emergency since its founding. It is only fitting that the local high-tech market rise to the occasion and adapt to operating in wartime mode. Indeed, after 21 months of battle,… more

Acquisitions, Artificial Intelligence, Cybersecurity, Defense Sector, Financial Markets

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Ido Freund

The Companies Registrar Rears Its Head – Financial Sanctions for Failing to File Reports

In the past, when companies failed to submit annual reports, the Companies Registrar was satisfied with issuing warning letters. However, recently, we have noticed a change in policy, as the Companies Registrar has increased… more

Annual Reports, Corporate Governance, Disclosure Requirements, Enforcement, Enforcement Authority

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Zvi Gabbay

Call For Public Comment: A Report on AI Use in the Financial Sector

This month, an interim report on artificial intelligence in the financial sector was published for public comment. The report was written by the Ministries of Justice and Treasury, the Competition Authority, the Securities… more

Artificial Intelligence, Cybersecurity, Discrimination, Financial Institutions, Financial Regulatory Agencies

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Inbar Gorelick

Innovation in Uniform: The Rise of Israel’s Defense-Tech Sector

The various wars that have taken place around the world in recent years, including the Russia-Ukraine war and the Swords of Iron War, have placed the DefenseTech sector in the spotlight. Amid changes in global security dynamics… more

Artificial Intelligence, Cybersecurity, Defense Sector, Export Controls, Innovative Technology

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Sagi Gross

Tax Benefits to NGOs in Israel and “Public Purposes”

Israel (like other countries) provides support to NGOs in the form of tax benefits granted subject to the fulfillment of defined criteria and conditions. The purpose of these benefits is to support the social and public… more

Israel, NGOs, Public Agencies, Public Purpose, Tax Credits

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Itay Gura

Raising Early Stage Financing for Your Start-Up? The Do’s and Don’ts You Must Know

Raising financing is tricky, stressful and for many involves navigating uncharted waters. It is an art and an important skill to master to ensure the future of your start-up. Whether your first investment comes when you simply… more

Business Valuations, Capital Raising, Contract Negotiations, Investors, Israel

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Ophir Hammer

Trump’s Order May Refocus FCPA Enforcement on Foreign Competitors

President Trump’s recent Executive Order (EO), which seeks to reduce enforcement of the anti-bribery and anti-corruption provisions of the Foreign Corrupt Practices Act (“FCPA”), may be perceived as a declaration of an expected… more

Bribery, Compliance, Department of Justice (DOJ), Enforcement Priorities, Executive Orders

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Amit Harel

ISA: Updated Amounts for Qualified Investor Status

The Israel Securities Authority recently updated the amounts that an individual investor must have in order to be deemed a “Qualified investor.” This update applies solely to investors who are individuals and not to companies… more

Accredited Investors, Capital Markets, Financial Institutions, Financial Services Industry, Investors

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Uri Hillel

Compulsory Online Reporting to the Registrar of Companies

On June 27, 2022, the Israeli legislature promulgated Amendment No. 2 to the Digital Communications with Public Bodies Law and Amendment No. 35 to the Companies Law. This amendment prescribes, inter alia, a new procedure… more

Amended Legislation, Annual Reports, Corporate Governance, Digital Communications, Filing Deadlines

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Hadar Israeli

Israel Securities Authority Pecuniary Sanctions: Enforcement Tool or Rights Violation?

The Israel Securities Authority (ISA) has recently begun to take a clearly more aggressive approach toward administrative enforcement. Originally, pecuniary sanctions were intended to provide a swift, proportional, and efficient… more

Administrative Proceedings, Capital Markets, Civil Monetary Penalty, Corporate Governance, Due Process

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Ran Karmi

European Commission Tightens Law Enforcement on Pharmaceutical Cartels

In July 2025, the European Competition Commission imposed a EUR 489,000 fine on Alchem International Pvt. Ltd. and its Hong Kong subsidiary for their involvement in a pharmaceutical cartel involving the active ingredient used in… more

Anti-Competitive, Antitrust Violations, Cartels, Civil Monetary Penalty, Competition Authorities

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Karin Kashi

2022: Trends in Israeli and International Privacy Regulations

2022 saw significant regulatory developments in the field of privacy protection in Israel and throughout the world. These developments directly affect companies whose business activities in Israel and internationally involve the… more

Data Privacy, Data Protection, European Economic Area (EEA), General Data Protection Regulation (GDPR), Personal Data

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Inbar Katzir

Advisory Board Agreements in Israel

Almost every entrepreneur comes across the term “advisory board” in the very early stages of developing its startup. But what does this term really mean? An advisory board usually consists of a number of external advisors who… more

Advisory Board, Board of Directors, Corporate Governance, Early Stage Companies, Entrepreneurs

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Liat Keisary Yahalomi

Married and Common-Law Couples – Division of Property

The Israeli Supreme Court recently handed down an important ruling addressing the issue of division of property between common-law spouses. Specifically, the ruling changes the “presumption of property sharing” arrangement… more

Cohabitation, Cohabitation Agreements, Common Law Marriage, Division of Assets, Israel

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Haguy Kessel

The Courts and the Metaverse – Service of Process through NFTs and Other Innovations

In several recent precedent-setting rulings, courts in England and New York have allowed plaintiffs in fraud cases involving cryptographic assets to complete service of legal process to unknown defendants directly on the… more

Blockchain, Cryptocurrency, Digital Wallets, Israel, Non-Fungible Tokens (NFTs)

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Omer Keydar

Class Action Lawsuit

Many class action proceedings end in settlement. The settlement agreement is designed, inter alia, to facilitate an efficient and fair resolution to the proceeding, in a manner that also provides certainty to the parties… more

Class Action, Class Certification, Israel, Settlement Agreements

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Avishay Klein

Amendment 13 to the Israeli Privacy Protection Law is Here!

Amendment 13, which significantly updates privacy laws in Israel, has come into effect! If you still don’t know what to do to comply with the requirements, we’ve prepared a guide to help you address the main issues (not all of… more

Amended Legislation, Data Collection, Data Controller, Data Privacy, Data Protection

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Daphna Klein

Contracts, Signatures, and Smileys: Are Emojis Legally Valid?

A few weeks ago, a Canadian farmer sent a text message to a company he worked with that included a thumbs-up emoji, which symbolizes approval or agreement. To his surprise, the Canadian court treated this emoji as the farmer’s… more

Consent, Contract Formation, E-Signatures, Emoji, Signatures

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Daniel Kleinman

Amutot and PBCs Set to Independently Update Details and Information

The Israeli website “GuideStar,” which provides information about Amutot (One of the common types of non-profit organizations in Israel) and PBCs, launched a new and important interface that enables these organizations to… more

Israel, Nonprofits, Portal, Public Benefit Corporation

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Shani Kolton

Israeli Regulations Restrict Enrollees in Managers’ Insurance Plans

The Knesset Finance Committee recently approved an amendment to regulations designed to restrict new enrollees in managers’ insurance plans. This amendment will come into effect on September 1, 2023, and is likely to affect,… more

Amended Regulation, Employer Contributions, Employment Contract, Israel, Managers

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Michal Koren

ISA: New Guidelines on Offering and Intermediating Joint Investment Arrangements

The Israel Securities Authority published a position statement recently addressing various issues pertaining to brokerage activities and offerings of joint investment arrangements, including the applicability of the Regulation… more

Accredited Investors, Foreign Investment, Investment Adviser, Investment Funds, Investors

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Raz Landau

How to Conduct Board and Committee Meetings

In recent years, we have witnessed a sharp increase in the number of lawsuits filed in Israel against officers and directors of companies and a broadening of the scope of their liability. As a result of their roles, directors… more

Board Meetings, Board of Directors, Books & Records, Companies Law, Corporate Governance

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Zohar Lande

Supreme Court Dismisses Nespresso Suit against Espresso Club

The Supreme Court recently dismissed an appeal by Nestlé, the Swiss multinational food and drink processing conglomerate, and its subsidiary corporation Nespresso, filed against our client, the Israeli company Expresso Club. The… more

Advertising, Appeals, Copyright, Copyright Infringement, Dismissals

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Yuval Lazi

Legal Aspects of SAFEs (Simple Agreement for Future Equity)

One common problem of early-stage ventures is the difficulty in determining a company valuation when recruiting capital from investors. This problem derives from the tension between entrepreneurs’ desire for a high valuation (in… more

Capital Raising, Discounted Cash Flow Valuations, Early Stage Companies, Entrepreneurs, Investors

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Ronit Lerer

Companies without a Control Core – Draft Bills Calls for Changes

The Ministerial Committee for Legislation has recently re-approved the draft amendment to the Israeli Companies Law. The aim of this amendment is to improve the corporate governance rules applicable to companies with no… more

Audit Committee, Board of Directors, Controlling Stockholders, Corporations Code, Diversity

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Dor Levi-Tam

Conditional Payment (Earn-Out)

In merger and acquisition (M&A) transactions, the earn-out mechanism serves as a strategic tool for conditional payment based on the prospective performance of the acquired entity. This mechanism is particularly prevalent in… more

Acquisitions, Buyers, Contract Negotiations, Earn-Outs, EBITDA

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Lior Girshevitz

Get ready for quarterly account-settling between service contractors and service recipients in Israel

As we advised earlier, on January 1, 2024, regulations came into effect in Israel to increase the enforcement of labor laws (the wage components comprising the value of an hour of work by a contract employee) (“the… more

Contract Terms, Employee Benefits, Federal Labor Laws, New Regulations, Payment Terms

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Nadine Liv

Amendment 13 to the Israeli Privacy Protection Law is Here!

Amendment 13, which significantly updates privacy laws in Israel, has come into effect! If you still don’t know what to do to comply with the requirements, we’ve prepared a guide to help you address the main issues (not all of… more

Amended Legislation, Data Collection, Data Controller, Data Privacy, Data Protection

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Gal Livshits

Rulings On One Sided Changes To Mutual Wills overturned

A new Supreme Court ruling overturns lower courts’ rulings and regulates the application of the “successive heirs” provision of the Succession Law, in instances when a surviving spouse who inherited property by virtue of a… more

Beneficiaries, Contract Terms, Estate Planning, Inheritance, Israel

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Guy Marcovici

Bank of Israel Continues to Regulate Use of Cryptocurrencies

Israel’s financial regulatory authorities are regulating virtual currencies (cryptographic currencies) due to their steady increase in use. For example, the Capital Market, Insurance and Savings Authority (CMISA) issued an… more

Anti-Money Laundering, Anti-Terrorism Financing, Bank of Israel, Banking Sector, Cryptocurrency

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Dor Marinovsky

Contracts in Israel: Doing Business in Israel

Law has a major role in Israeli business. Israelis feel their freedom to act is determined by what is allowed under law, and this includes what has been agreed to in a binding agreement. Therefore, legal contracts form the basis… more

Contract Drafting, Contract Formation, Contract Negotiations, Contract Terms, Israel

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Hili Michaeli

What Is the Maximum Exemption from Land Appreciation Tax?

Judge Yardena Seroussi recently handed down a new ruling in a case deliberated by the Real Estate Tax Appeals Committee on the taxation of luxury apartments. The Appeals Committee deliberated the question of the entitlement to… more

Apartments, Beneficiaries, Exemptions, Israel, Property Valuation

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Idan Miller

Increasing the odds of winning in an insolvent Corporation auction

Acquiring an insolvent corporation’s operations during a legal proceeding (rehabilitation, recovery, or debt settlement) presents numerous business opportunities. However, the holding of an insolvency auction, an integral part… more

Acquisitions, Auction, Business Opportunities, Commercial Bankruptcy, Competitive Bidding

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Moshe Minster

Entities with Relatively Small Market Shares May Also Be Deemed Monopolies

Six months after the amendment to the Economic Competition Law took effect, the Competition Authority published its position regarding the circumstances in which even an entity with less than a 50% market share may be deemed a… more

Amended Rules, Anti-Monopoly, Antitrust Violations, Competition Authorities, Criminal Sanctions

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Shay Morhayim

Phantom Stock: A Strategic Tool for Equity Incentivization

In the contemporary landscape of talent management, organizations face major challenges in recruiting and retaining top-tier professionals. Equity incentive mechanisms have emerged as a sophisticated strategy to cultivate… more

Corporate Governance, Employee Benefits, Equity Compensation, Income Taxes, Israel

See all updates »

Naama Ben Arosh Moshe

Arbitration Clauses in International Agreements – Do’s and Don’ts

Contractual engagements inevitably beget legal disputes. Even the best agreement is no guarantee the engagement will succeed. Accordingly, one of the most important provisions in any commercial agreement is the provision that… more

Arbitration, Arbitration Agreements, Arbitration Awards, Breach of Contract, Contract Drafting

See all updates »

Eyal Nachshon

Class Actions on Accessibility of Public Companies' Reports Dismissed

About two years ago, motions to certify class actions were filed against dozens of public companies and reporting corporations in Israel, alleging violations of provisions of the Equal Rights for Persons with Disabilities Law… more

Case Consolidation, Class Action, Corporate Governance, Disability Discrimination, Dismissals

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Ben Norman

Privacy: Transfers of Personal Data Outside of Israel are Only Permitted to Countries Ensuring Adequate Data Protection

The Israeli Privacy Protection Authority (“PPA”) recently published a draft opinion, which is open for public comments, addressing transfers of personal data from Israel to other countries. In this opinion, the PPA seeks to… more

Compliance, Data Privacy, Data Protection Authority, Data Security, International Data Transfers

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Izabel Pashayev

Tel Aviv Stock Exchange Publishes ESG Questionnaire

The Tel Aviv Stock Exchange (TASE) published a questionnaire on corporate social responsibility for listed companies for the first time on April 17, 2023. The TASE published the questionnaire with the goals of expanding listed… more

Corporate Governance, Environmental Social & Governance (ESG), Israel, Publicly-Traded Companies, Tel Aviv Stock Exchange (TASE)

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Nofar Perel

Get ready for quarterly account-settling between service contractors and service recipients in Israel

As we advised earlier, on January 1, 2024, regulations came into effect in Israel to increase the enforcement of labor laws (the wage components comprising the value of an hour of work by a contract employee) (“the… more

Contract Terms, Employee Benefits, Federal Labor Laws, New Regulations, Payment Terms

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Harel Perlmutter

Tax innovations in Israel during 2024

Over the past year, alongside handling the economic repercussions of the war and issuing financial assistance to war victims and to evacuees, the courts, the legislative authority and the Israel Tax Authority continued their… more

Amended Legislation, BEPS, Corporate Taxes, Income Taxes, Israel

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Niv Polani

Who Bears the Risk of Violating Personal Sanctions?

When US President Donald Trump took office, it seemed the question of personal sanctions against extremist right-wingers in Israel was off the table. Indeed, in one of his first decisions, Trump lifted the sanctions imposed on a… more

Banks, Economic Sanctions, Financial Institutions, Humanitarian Assistance, International Trade

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Avinadav Preuss

What Is and Isn’t Permissible When Startup Founders Split

The Tel Aviv District Court (Economic Department) recently ruled that a partner in a startup breached his obligations as an officer in the company, as well as other obligations toward his former partner in that company. The… more

Anti-Competitive, Breach of Duty, Business Disputes, Companies Law, Contract Negotiations

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Elad Reshtick

How to Conduct Board and Committee Meetings

In recent years, we have witnessed a sharp increase in the number of lawsuits filed in Israel against officers and directors of companies and a broadening of the scope of their liability. As a result of their roles, directors… more

Board Meetings, Board of Directors, Books & Records, Companies Law, Corporate Governance

See all updates »

Eviatar Rich

Amendment 13 to the Israeli Privacy Protection Law is Here!

Amendment 13, which significantly updates privacy laws in Israel, has come into effect! If you still don’t know what to do to comply with the requirements, we’ve prepared a guide to help you address the main issues (not all of… more

Amended Legislation, Data Collection, Data Controller, Data Privacy, Data Protection

See all updates »

Ori Rodriguez

Revolution in Electronic Promissory Notes – Court Recognizes Digital Notes

A precedent-setting ruling has been issued in the case of Bizi Finance Ltd., in which the court was required to determine whether a promissory note signed electronically could be enforced through the enforcement and collection… more

Debt Collection, E-Signatures, Financial Institutions, Financial Services Industry, Israel

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Amos Rosenzweig

Rights of New Immigrants (Olim) and Returning Israeli Residents

One of the ramifications of the Israel-Hamas war is the growing interest of diaspora Jews and expat Israelis in immigrating to Israel. The National Insurance Institute and various government ministries grant a spectrum of rights… more

Bank of Israel, Expatriates, Government Assistance, Health Insurance, Immigrants

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Hagit Ross

Approving a remuneration policy and paying remuneration to senior officers while overruling the general meeting’s opposition

Last month, the State Attorney-General and the Israel Securities Authority published their positions with regard to the overruling mechanism. The context relates to the requirement for public companies and private companies… more

Board of Directors, Companies Law, Compensation & Benefits, Corporate Governance, Corporate Officers

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Gal Rozent

Israel Competition Authority Intensifies Enforcement Measures and Indicts Schestowitz VP for a Suspected Cartel in the Food Sector

The Israel Competition Authority (ICA) conducted a thorough investigation of the S. Schestowitz Group, an Israeli company in the food and consumer goods sector, due to suspicions the company operated a cartel in the food… more

Antitrust Investigations, Antitrust Violations, Breach of Competition Law, Cartels, Consumer Product Companies

See all updates »

Shir Rozenzweig

Israel Securities Authority Pecuniary Sanctions: Enforcement Tool or Rights Violation?

The Israel Securities Authority (ISA) has recently begun to take a clearly more aggressive approach toward administrative enforcement. Originally, pecuniary sanctions were intended to provide a swift, proportional, and efficient… more

Administrative Proceedings, Capital Markets, Civil Monetary Penalty, Corporate Governance, Due Process

See all updates »

Samuel Henri Samuel

Doing Business in Israel: Effects of War in Israel on International Companies

Operation Swords of Iron constitutes a state of emergency in Israel unlike any other in past decades, with at least 1,400 citizens killed and some 300,000 reservists called up for duty. This state of emergency is being felt… more

Breach of Contract, Commercial Contracts, Contract Terms, Force Majeure Clause, Frustration of a Common Purpose

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Galia Shahar

Policy Update: Employing Ukrainian Refugees in Israel

The Interior Ministry has once again extended its policy of not taking enforcement measures against the employment of Ukrainian citizens who are in Israel because of the war in Ukraine. According to this policy, enforcement… more

Israel, Military Conflict, Ministry of Interior, Passports, Refugees

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Ken Shaked

Israel Innovation Authority: New Startup Fund “Boost for High-Tech”

The Israel Innovation Authority (IIA) is launching new startup funds as part of a stimulus package for the Israeli high-tech industry. Alongside investors from the private market, the IIA’s “Boost for High-Tech” funds will… more

Corporate Financing, Early Stage Companies, Economic Development, Federal Grants, Innovation

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Liav Shapira

Amendment 13 to the Israeli Privacy Protection Law is Here!

Amendment 13, which significantly updates privacy laws in Israel, has come into effect! If you still don’t know what to do to comply with the requirements, we’ve prepared a guide to help you address the main issues (not all of… more

Amended Legislation, Data Collection, Data Controller, Data Privacy, Data Protection

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Daniel Shlomovitz

Israel: Everything to Know about the Purchase Tax Hike on Real Estate Investors

Last week, the Israeli Ministry of Finance approved the outline for a hike to the purchase tax imposed on real estate investors, once again, to tax brackets of 8% and 10%. The ministry’s goal is to “dissuade” investors from… more

Apartments, Israel, Ministry of Finance, Property Tax, Real Estate Investments

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Itiel Shloush

Tax: Classification of Inter company Transactions

A precise definition of business services was recently at the core of a dispute between the Israel Tax Authority and eBay Marketplace Israel Ltd., a subsidiary of the multinational eBay Group. The district court litigated this… more

Corporate Taxes, eBay, Fair Market Value, Israel, Multinationals

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Anat Shubat

Anti-Money Laundering Obligations in Israel

The Israel Securities Authority’s Financial Sanctions Committee recently issued two different decisions to impose financial sanctions on companies. These sanctions were for financial activities violating provisions of the… more

AML/CFT, Anti-Money Laundering, Enforcement Priorities, Israel, Israel Securities Authority (ISA)

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Ron Shuhatovich

Foreign Funds from Additional Stock Exchanges May Dual List on the TASE

On February 22, the Israeli Ministry of Finance published a draft bill for public comments to amend the Joint Investment Trust Regulations (Foreign Fund Unit Offerings). These regulations regulate the listing of foreign funds… more

Comment Period, Foreign Exchanges, Investment Funds, Israel, Listing Rules

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Jacki Silbermann

Israel Freezes Convalescence Pay Rate

In March 2024, the Knesset legislated the Freezing and Reducing Convalescence Pay in 2024 for Budgeting Benefits for Reservists Law. This law applies to the private sector, following an earlier collective bargaining agreement… more

Israel, Paid Sick Leave, Private Sector, Public Sector, Tax Authority

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Avihai Tal

US Stablecoin Market Hits Milestone: Regulation and IPO

The stablecoin market has reached a regulatory and business milestone. Two significant actions took place in the United States in recent weeks that signal progress toward the institutionalization of the stablecoin market: the US… more

Cryptocurrency, Digital Assets, Financial Institutions, Financial Markets, Initial Public Offering (IPO)

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Yakov Vilenski

Comprehensive comparison between closed-end funds and open-end funds

Investment funds have a variety of legal structures customized to investors’ various needs and investment policies. The two main fund structures are closed-end funds and open-end funds, which differ in several material… more

Asset Management, Closed-End Funds, Investment Funds, Investment Management, Israel

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Dean Weinberg

Intricacies of SAFEs (Simple Agreement for Future Equity)

A SAFE is designed to be short and straightforward. In essence, the investor provides cash now against a promise to receive shares in the future. The challenges of negotiating full transaction documents, including agreement on… more

Business Valuations, Contract Terms, Conversion, Corporate Financing, Dilution

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Liran Welcman

Exemption from Tenders During a State of Emergency in Israel

In routine times, Israeli law obligates public entities to publish tenders for the procurement of goods, services, and the performance of work. However, Israel’s various Mandatory Tender Regulations contain provisions enabling… more

Contract Termination, Contract Terms, Contractors, Emergency Management Plans, Exemptions

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Alon Wolner

NPOs Receive Exemptions from Real Estate Betterment Levies

The Israeli Supreme Court handed down a precedent-setting ruling recently in the Evangelical Episcopal Church case. According to the ruling, Israeli NPOs may receive an exemption from paying real estate betterment levies to the… more

Betterment, Capital Gains, Exempt Organizations, Exemptions, Israel

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Andrey Yanai

US Stablecoin Market Hits Milestone: Regulation and IPO

The stablecoin market has reached a regulatory and business milestone. Two significant actions took place in the United States in recent weeks that signal progress toward the institutionalization of the stablecoin market: the US… more

Cryptocurrency, Digital Assets, Financial Institutions, Financial Markets, Initial Public Offering (IPO)

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Masha Yudashkin

New EDPB Opinion on Personal Data Protection in AI

Recently, the European Data Protection Board (EDPB) adopted an opinion addressing key data protection concerns arising from the use of Artificial Intelligence (AI) models. The opinion specifically focuses on how GDPR principles… more

Anonymization, Artificial Intelligence, Cybersecurity, Data Processing Rules, Data Processors

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Maya Zisser

Year in Review – Trends in Real Estate Law in Israel

At the beginning of 2022, everyone had great expectations about the Israeli real estate market. Would the record-breaking price increases in 2021 persist, or would the real estate market cool down a bit?… more

Interest Rates, Israel, Property Tax, Real Estate Development, Real Estate Investments

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