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July 20, 2024
Who ordered §14 and didn’t get it? or: Why did my company’s value drop in the DD?
Labor Law and Immigration
Mergers and Acquisitions
An article on Israeli employee deposits under section 14 and the importance of depositing the correct amounts to prevent a drop in the value of the company during due diligence for a merger or acquisition transaction. The article was written by Osnat Nitay of Afik & Co.
July 6, 2024
It’s a small world after all… or is it?
High-Tech and Technology
Commercial, Banking and Financial
International Transactions and Dispute Resolution
An article on agreements between customers in Israel and companies which provide goods and services in Israel but compel those customers to agree to foreign law in and jurisdiction of distance countries with regard to these agreements.
June 25, 2024
Preferred Technological Enterprise – The Tax Benefits and the Conditions for Receiving Such / Adv. (CPA) Guy Chen, CPA Yaakov David
Taxation and Government Incentives and Funding
Background 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. Commencing 2017, following amendment 73 to the Law[1], substantial tax benefits are granted to companies that own a […]
June 17, 2024
Empowered to Report or Empowered to Commit Negligence
Business, Corporate and Joint Ventures
An article on the requirement on electronic filing with the Israeli Companies Registrar as of June 26, 2024, and the importance of a proper corporate secretariat, to duly hold corporate ledgers and all documents and agreements (as well as verifying that they are duly signed and are binding), and not only report the annual report to the Companies Registrar. The article was written by attorney Doron Afik of Afik & Co.
June 8, 2024
I now pronounce you partner and partner
Business, Corporate and Joint Ventures
An article on the meaning of a joint activity without an agreement, which may create the status of a partnership, on all the meanings of this. The article was written by attorney Yair Aloni from Afik & Co.
May 12, 2024
The proposed Israeli Class Actions Law Amendment – Is it Relevant at All?
Commercial, Banking and Financial
An article on the Israeli legislator's attempt to stop the phenomenon of frivolous class claims and the question of whether the proposed amendment to the law can assist at all. The article was written by attorney Shelly Wilner of Afik & Co.
May 9, 2024
Antitrust: Can I trust myself to always remain myself ?
Competition
High-Tech and Technology
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? If you ask a devoted Apple user, there is nothing like the Apple’s user experience and there is no […]
April 26, 2024
Not my property, so why do I have to pay the city tax on it?
Taxation and Government Incentives and Funding
Public Law, Environment and Tenders
An article on the possibility of charging property tax to a person who does not use the property by himself, including a shareholder in a company. The article was written by Osnat Nitay of Afik & Co
April 12, 2024
On Attorney Google (brother of Dr. Google, MD) and Prenuptial Agreements
Notarial Prenups
Notarial Services
Domestic Relations
An article on the importance of drafting a prenuptial agreement or a cohabitation agreement through a notary with experience in such agreements and in the areas that the agreement deals with (e.g., companies or real estate). The article was written by Doron Afik, Esq. of Afik & Co.
March 30, 2024
The 2024 Israeli International Commercial Arbitration Law – Commercial Tailored Solution or Simply Arbitrary ?
International Transactions and Dispute Resolution
Dispute Resolution
An American manufacturer and a South African importer entered into an agreement to import the manufacturer’s products to South Africa. Following long negotiations, the last remaining issue was what to do in the event of a dispute. The parties agreed that a quick and inexpensive solution in a neutral jurisdiction is required and hence opted […]
February 28, 2024
Litigate Like a Black Belt
Dispute Resolution
International Transactions and Dispute Resolution
An article on the application of principles of the Brazilian Jiu-Jitsu (BJJ) in the management of Court proceedings. The articles was written by Yair Aloni, Adv., a litigation partner in the office of Afik & Co. and a practitioner of BJJ since 2018.
February 26, 2024
Winning in a Tender or Gambling in a Casino
Public Law, Environment and Tenders
An article on tenders and the paramount importance of getting legal advice not only in the field of tenders but also in the field of the tender contract, before submitting a bid in the tender. The article was written by attorney Shelly Wilner from Afik & Co.
February 18, 2024
Another Article on BiBi – Whose profile is this anyway?
Privacy, GDPR, Confidentiality and protection of reputation
High-Tech and Technology
Bibi is a justice fighter, a defender of civil rights, a knight of freedom of expression, but he is also a fictitious character that exists only in cyberspace and is not based on any real character, just like AA who preceded him, and CC, DD, EE and FF, who will come after it. So who […]
February 1, 2024
Who’s will is it any way ?
Wills and Estates
Notarial wills and testaments
Intergenerational Law (Trusts, Estates, Lasting Powers of Attorney, Parenting)
An article on the ability of a testator to prevent his heirs from transferring the assets as they wish. The article was written by Osnat Nitay of Afik & Co.
January 29, 2024
Lessor, Lessee and not Necessarily Paying Tax in Lack of Profits
Taxation and Government Incentives and Funding
Real Estate
An article on a change in tax legislation that now allows housing developers to recognize rental expenses in order to reduce the tax on rental income. The article was written by attorney Doron Afik from Afik & Co. together with On Shani CPA from Shani Reuven & Co.
January 16, 2024
Startup Your Privacy, or: on Private Companies
Privacy, GDPR, Confidentiality and protection of reputation
High-Tech and Technology
Labor Law and Immigration
The first rule that almost every high-tech entrepreneur or beginner businessman learns, even before he is weaned of the use of diapers, is that no information should be given before signing a confidentiality agreement. The first law that learns a beginner lawyer in the field is that it usually turns out that no agreements are […]
January 8, 2024
“A Flower I gave Nurit” – Withdrawing a Gift Due to Recipient’s Behavior
Commercial, Banking and Financial
An article on the ability of the grantor of a gift to cancel it, if the recipient of the gift behaves inappropriately. The article was written by attorney Gilad Bar-Ami of Afik & Co.
December 10, 2023
The Employees’ Dilma – Record in the Book or “All Bets Are Off” ?
Labor Law and Immigration
An article on changing an employment agreement by behavior and whether an employee must stand up for his rights or can wait for the employment to end. The article was written by attorney Yair Aloni from Afik & Co.
December 10, 2023
Insider Information When it is Certainly Uncertain
Capital Markets and Stock Exchange Regulations
An article on the prohibition of insider trading and when data will be deemed insider data when it is uncertain at the time of disclosure. The article was written by advocate Adi Marcus of Afik & Co.
November 20, 2023
Are you a good employee? So you are probably allowed steal from the employer!
Labor Law and Immigration
An article on the ability to prevent an employer to forfeit the severance pay of an employee who embezzled. The article was written by Osnat Nitay of Afik & Co.
November 6, 2023
When you say no, what do you mean? – on negative personal interest in corporate voting
Business, Corporate and Joint Ventures
Capital Markets and Stock Exchange Regulations
An article on the ability to prevent a shareholder or director from voting on decisions where his manner of voting against the decision is clear in advance. The article was written by Doron Afik, Esq. of Afik & Co.
October 17, 2023
Tax relief in light of the October 2023 war
Taxation and Government Incentives and Funding
For your convenience, please see below a compilation of some of the special rules published by the Israeli Tax Authority regarding the October 2023 War.  A more comprehensive list can be found in the publication of the Israeli Board of Auditors dated October 17, 2023. Subject The Relief Periodic reports for the month of September […]
October 2, 2023
“For Residence Only” – a Tourist or a Tenant?
Real Estate
High-Tech and Technology
An article on the ability of neighbors to object to short time leases of apartments via applications such as AirBnb or Booking
September 28, 2023
Till Death Do Us Part … & Maybe a Little Later – on Heritance & Prenup
Intergenerational Law (Trusts, Estates, Lasting Powers of Attorney, Parenting)
Wills and Estates
Common-Law Marriages Agreements
An article on the power of a prenuptial agreement to set provisions to apply after the demise of one of the spouses. The article was written by Gilad Bar-Ami, Adv. of Afik & Co
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