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Legislative Memorandum regarding the application of Israeli law to foreign dealers and international companies
The Ministry of Justice published a new legislative memorandum (Draft Bill) for public comments a few days ago, which seeks to regulate the application of Israeli law to foreign dealers who target customers in Israel. The memorandum seeks to anchor the trend that has emerged in Supreme Court rulings in recent years in primary legislation, and to establish clear rules whereby Mandatory Israeli legal provisions will also apply to corporations whose centers of activity are outside of Israel, when their activities actually target the Israeli market.