Business Attorney
It goes without saying that for effective and, most importantly, safe business development, a private entrepreneur and a company must take into account all the nuances of commercial law in their operations. Often, even with an in-house lawyer, Israeli and foreign companies work with private law firms, allowing them to avoid legal troubles and conflicts, establish relationships with governmental bodies, and increase business profitability by strategically navigating legal and tax matters.
Our law office provides comprehensive legal support for companies and investors, representing the interests of foreign partners in Israel. The business lawyers in our office, being licensed attorneys, are familiar with both Israeli and Russian mentalities and the peculiarities of conducting business. This allows them to effectively interact with clients and contractors of their principal to achieve set goals and to shield them from risks at all stages. The economic aspect and security of your business ultimately depend on competent legal support.
Contracts, Due Diligence, and Legal Transaction Support
Israel features a unique legal system that incorporates elements of both the civil law tradition (Roman-Germanic) and the common law tradition (Anglo-Saxon), as well as components of Jewish religious law and Ottoman legal codification.
Judicial practice plays a significant role in legal regulation.
Israeli contract law shares many similarities with the norms adopted in European countries (although Israeli contracts are much more concise), but this similarity does not guarantee the simplicity of their interpretation. To work in Israel, especially on matters of contract law, it is necessary to have extensive experience in conducting business or providing legal support for businesses specifically in Israel. Paying close attention to details, drafting, and discussing each clause of a contract is critically important, considering that disputes are often resolved through pre-trial procedures, which is only possible with a very clear, unambiguous contract text. Our office’s lawyers will draft the contract in such a way as to maximize protection of your interests and will take full legal responsibility for overseeing the transaction, ensuring strict adherence to all terms of the agreement and the principal’s interests.
When planning transactions involving asset purchases and sales, we provide our clients with comprehensive expertise covering legal, financial, and tax aspects. Our Due Diligence specialists will examine and assess all aspects of the transaction to ensure that the client gains a full understanding of the risks and opportunities for optimizing the deal’s value and the object of purchase or investment itself. We are ready to engage in the process at any stage of preparation and execution, providing reliable support and interdisciplinary expertise.
Nominee Director
Often, new repatriates open companies and start operating them but are not yet ready to relocate their center of life to Israel. There is another nuance for companies with foreign capital: one of the peculiarities of Israeli banking services is that banks often agree to open accounts and accept transfers for companies only if the director not only holds Israeli citizenship but also permanently resides in the country. For such cases, the role of a nominee director is indispensable. Of course, it is important to choose a candidate for this position with expertise in corporate governance, tax accounting, and the peculiarities of document management in the country. An Israeli lawyer, more than anyone else, can provide the necessary competencies and ensure confidentiality, drawing on their knowledge of legislation and experience in representative work.
Frequently Asked Questions
What is Due Diligence?
Due diligence is the process of systematically investigating and evaluating a business opportunity or transaction before finalizing a deal. It involves gathering relevant information and thoroughly analyzing various aspects of the opportunity to assess its risks, potential benefits, and overall viability. Due diligence can cover a wide range of areas, including financial, legal, operational, and regulatory aspects, depending on the nature of the transaction. The goal of due diligence is to ensure that all parties involved have a clear understanding of the opportunity and its associated risks before proceeding with the transaction.
How to open a company in Israel?
To begin, it is necessary to consult with a lawyer/accountant to choose the legal form of the company based on its goals and objectives. Subsequent actions will vary depending on whether the company is an “Esek Patur” (exempt business), “Esek Murshe” (registered business), or “Hevra Ba’am” (LLC). Opening an “Esek” requires the participation of an accountant (bookkeeper), while establishing an “Hevra” necessitates the drafting of articles of association, registration of the company name and trademark, which requires the mandatory involvement of a lawyer. Next step is registration with the tax authority and the National Insurance Institute (Bituach Leumi).
What is the role of a business lawyer in commercial law?
A business lawyer provides legal support in conducting commercial activities, assists in developing strategies, tax planning, and interacting with government agencies, ensuring the legality and efficiency of business operations.
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About us
The office provides legal services in the field of immigration, family, commercial and labor law, conducts real estate transactions, develops individual solutions for businesses and individuals, and provides legal support to Israeli and international companies. Our lawyers regularly participate in the work of specialized commissions at the Chamber of Lawyers of Israel and the Knesset, create judicial precedents, improve regulatory mechanisms in various areas of law, provide advisory assistance to official representative offices of foreign states and significant public organizations located in Israel and abroad.