So, what are my options?
As a startup nation, the issue of employee stock options plan (ESOP) in high-tech companies is not strange to the Israeli corporate world.
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Latest Articles
On the options to grant options
Employee options are an important tool for recruiting and rewarding employees as well as retention of employees - the company provides a cheap salary replacement for a company that prefers to use its resources for growth (and in a growth company, the options will be worth much more than cash payment) and at the same time, it is a very powerful tool for retention of employees and creating personal commitment by identifying with the interests of the company (the employee will lose the options or part thereof if he leaves and he has an interest in working better because he benefits from the company's growth).
I’m sorry Dave, I’m afraid I can’t do that
In the classic film “2001: A Space Odyssey” (1968), Hal9000, the artificial intelligence system contends: “No 9000 computer has ever made a mistake or distorted information.
Who ordered §14 and didn’t get it? or: Why did my company’s value drop in the DD?
Almost any Israeli employer or employee is familiar with "Section 14" and employers usually ensure that employees sign an agreement to "Section 14" - a signature which since 2008 is redundant - but in practice, in many cases the conduct is not duly made and not only do conflicts arise when employees retire but when a company is sold, as part of the due diligence process, the budgetary "holes" are revealed and cause a significant decrease in value for the company.
It’s a small world after all… or is it?
It’s a small(er) world…, you no longer need to be a Marco Polo to reach China and you can easily book a room in a hotel in Chile without buying a travel guide, all via a website in Hebrew.
Preferred Technological Enterprise – The Tax Benefits and the Conditions for Receiving Such / Adv. (CPA) Guy Chen, CPA Yaakov David
The Israeli Capital Investments Encouragement Law 1959 ("Law"), was enacted with the aim of encouraging capital investments and economic initiatives in such a manner that priority will be given to technological innovation through various tax benefits.
Empowered to Report or Empowered to Commit Negligence
As of June 27, 2024, all companies in Israel are required to submit electronic reports to the Israeli Companies Registrar - ostensibly a technical amendment intended to perhaps save manpower at the Companies Registrar by removing the requirement to type in the manual forms, but in practice a significant change that may reduce the gross negligence in which a large number of companies in Israel conduct themselves.
I now pronounce you partner and partner
An entrepreneur decided to cooperate with a social media influencer and promote a 'joint venture' in the field of trade via a designated website established for this purpose, in return for paying commissions and sharing profits at an agreed rate.
The proposed Israeli Class Actions Law Amendment – Is it Relevant at All?
The business world is difficult enough as it is, and in addition to the day-to-day difficulties of establishing a business and maintaining its success, businesses, including small businesses, are exposed to frivolous lawsuits filed by individuals whose entire purpose is to try and "milk" the business.
Antitrust: Can I trust myself to always remain myself ?
There are some very acute questions such as: the Maccabi or Hapoel basketball team, coffee or tea, Coke or Pepsi, but for years, one of the most basic question has always been - Apple or Android?
Not my property, so why do I have to pay the city tax on it?
A person receives a property tax bill to pay, for an apartment that is not his at all, just because the apartment belonged to his deceased mother.
On Attorney Google (brother of Dr. Google, MD) and Prenuptial Agreements
It is said that every Jewish mother's wet dream is for her son to be a doctor or a lawyer - the mother of the Google search engine (if she is Jewish) is probably very proud of it, because many people (for some reason) are certain that it is not only a doctor, a lawyer and an expert in almost everything, but it is also capable of writing a prenuptial agreements - a very complex topic that requires many years of training in many fields, but couples before marriage sometimes think that a search on the Internet can replace an experienced professional.
Latest Legal Updates
Entitlement to brokerage fees arises only when the client signed all documents and the broker was the efficient factor in the transaction
A real estate broker demanded from property buyers payment of brokerage fees, relying on a partial exclusivity agreement that was executed between them several years before the transaction took place, but beyond this he did not contribute anything. The Court rejected the claim and determined that the exclusivity agreement executed between the parties is invalid....
A contractor will not receive damages due to the termination of a contract with it signed due to withholding the fact that he is not registered
A contractor, who is not registered in the Register of Contractors, entered into a contract to perform construction, demolition and house building works. The agreement with the contractor was terminated a few days after the start of the work and the contractor sought, inter alia, damages for the profit that was expected as a result […]
A mutual will that includes “an heir after an heir” provision may not be changed upon the death of one of the testators
Spouses drafted a mutual will which included an arrangement under which upon the demise of one, or both at the same time, the next in line to inherit the estate would be their three children in equal parts. After the husband death the wife drafted a new will in which she set an unequal division […]