Many people confuse escrow and trusts (especially when the same word is used in Hebrew to describe both), but the differences between them are vast, and unlike an escrow, which does not change the status of proprietary rights or transfer ownership, the institution of classical (or proprietary) trusts is a powerful proprietary tool, which can provide a creative solution for many needs, including asset protection, preservation and management of property and obtaining tax benefits.
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AFIK & Co. is much more than a traditional legal service provider. We take pride in our firm’s ability to provide top-notch legal and business services in almost every area of business law.
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Dispute Resolution
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High-Tech and Technology
Intergenerational Law (Trusts, Estates, Lasting Powers of Attorney, Parenting)
Labor Law and Immigration
Maritime, Aviation and Transportation Law
Taxation and Government Incentives and Funding
Competition
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Latest Articles


In May, 2025, we had the honor of being part of the historic reception organized by the honorable María Cristina Cevallos Calero, ambassador of Ecuador in Israel for H.

In the wake of prolonged geopolitical instability, internal political uncertainty, and the rise of global anti-Israeli sentiment, a growing number of Israeli entrepreneurs are choosing to incorporate their startups abroad—seeking stability, greater access to international investors, and strategic insulation from regional volatility.

In Carlo Collodi's 1883 book The Adventures of Pinocchio, Pinocchio arrives at Pleasure Island only to discover that behind the guise of an amusement park lies a sinister plan to turn children into donkeys and make a fortune from selling them.

A business employs foreign employees through a manpower placement agency that specializes in bringing foreign employees to Israel, whereby the placement agency not only provided the employee but also handled all issues related to the employee's employment, including the employee signing an agreement with it, payment to the employee (the contractor paid the placement agency every month and not the employee) and the issuance of a pay slip to the employee every month.

The word Abogado (pronounced similarly to ‘avocado’ in Hebrew) is the Spanish word for a lawyer.

On December 2024, the ground shook in the global crypto world.

When commercial disputes arise, and certainly when international issues are involved, the manner in which they are handled may not only yield different results but also have a significant impact on both parties involved, with many times the legal cost of the proceeding being not only the fees paid but also the broad implications of the proceeding and its outcome.

On January 29, 2025, the Israeli Tax Authority issued clarifications on the taxation of investments made through a Simple Agreement for Future Equity (SAFE); previous guidelines had been issued on May 16, 2023.

A very common clause in ongoing commercial agreements (e.

Sometimes, it seems that the entire world revolves around internet platforms and content creation and many businesses are investing on creating internet content as a way to enhance and develop their business channels.

A relatively young and generally healthy person has been diagnosed with a serious illness, his physical condition has deteriorated rapidly, and he has been diagnosed with a terminal illness.
Latest Legal Updates
Vehicle importers underpaid tax due to a lack of clarity in the regulation regarding the determination of the green score for plug-in vehicles imported from the USA, as determined in the Ministry of Transportation’s procedure. The Court held that the importers are to pay the missing tax. A taxpayer must pay true tax even if […]
An apartment owner sought to forfeit the bank guarantee given to her by the tenant when the tenant withdrew from the lease a week before she moved in, contending that the agreement was not signed but only negotiations took place and drafts were exchanged between the parties. The Court dismissed the tenant’s claim to declare […]
A tenders committee chose two bidders as the winners of the tender even though the bank guarantee they submitted did not match the updated wording required in the framework of the clarification process. A bidder in the tender demanded that the decision of the tenders committee be revoked and to declare it as the winner […]