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Barnea Blog

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Home · practice areas · Latest Updates

Latest Updates / Startups

December 1, 2024

Price tagging requirement continues to be a mandatory obligation

Recently, the issue of price tagging in supermarkets and grocery stores has gained attention. This follows a public consultation issued by the Consumer Protection and Fair Trade Authority seeking input on transitioning to digital price displays as part of the "What’s Good for Europe is Good for Israel" reform.

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December 1, 2024

Precedent: Sales Commissions Factor into Overtime Pay in Israel

In a precedent-setting ruling handed down recently, the National Labor Court ruled that sales commissions must be included in wages for the purpose of calculating sick pay, vacation pay, pension contributions and overtime pay.

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November 25, 2024

Call For Public Comment: A Report on AI Use in the Financial Sector

This month, an interim report on artificial intelligence (AI) in the financial sector was published for public comment. The report was written by the Ministries of Justice and Treasury, the Competition Authority, the Securities Authority, the Capital Market Authority, and the Bank of Israel.

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November 25, 2024

Guide: How to Ensure the Distribution of Inheritance for Assets Abroad

A growing number of Israelis own assets and investments abroad, but many are unaware that an Israeli will may not always be sufficient for managing inheritance involving overseas properties. Differences in inheritance laws across jurisdictions can lead to legal challenges and make it harder for heirs to claim their rights.

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November 25, 2024

Do the Arrest Warrants Against Netanyahu and Galant Have Economic Implications?

An interview with Professor Amichai Cohen, an expert in international law, discussing the economic ramifications of the arrest warrants and Israel's broader standing on the global stage.

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November 25, 2024

New memorandum of law regulating the crypto sector in Israel

The Israel Tax Authority and the Ministry of Finance have published a memorandum of law to regulate the digital asset sector in Israel.

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November 25, 2024

Israel Competition Commissioner imposes an unprecedented pecuniary sanction for merger "gun-jumping"

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November 24, 2024

How Should Israel Handle the Implications of Arrest Warrants Issued by The Hague?

The decision by the judges of the International Criminal Court has placed Israel in one of the most complex situations it has ever faced on the international stage. Prof. Amichai Cohen, our Special Counsel on International Law, was featured in an Op-Ed published by Mako, sharing his expert insights on the matter.

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November 24, 2024

Barnea: Representation of Coppter Water Technologies in an Investment Deal

Adv. Ken Shaked and Adv. Nir Alter represented Coppter Water Technologies, a startup specializing in swimming pool purification, in an investment of approximately NIS 7.5 million by the public company Pharmocann. Coppter was established in 2022 with the support of the InNegev technology incubator.

November 21, 2024

Israel Tax Authority Issues Executive Order allowing Double Purchase Tax Benefits for Certain Residential Buyers

The Israel Tax Authority (ITA) published a new directive a few days ago that updates the rules for persons classified as disabled, blind, or injured during Israel’s various wars, and families of fallen soldiers.

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November 21, 2024

Holding crypto? Your information is on its way to the Israel Tax Authority

Adv. Hanna Daher, a partner in the Tax Department, was interviewed by Globes following Israel's adoption of the OECD's CRS standard, under which countries will share information regarding cryptocurrency.

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November 20, 2024

Licensing and Supervision of Broker-Dealers: Key Points of the New Memorandum of Law

In October of this year, the Israel Securities Authority published a memorandum of law aimed at regulating broker-dealer activities in Israel. Public comments will be accepted until 21/11/24.

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November 20, 2024

Duns 100 Forum for Leading Legal Experts in Labor Law

Adv. Netta Bromberg was invited to join the Duns 100 panel of leading legal experts in labor law. The panel focused on key issues in the world of work, including the workforce crisis, labor disputes, and other challenges impacting the labor market and legal relations.

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November 19, 2024

Representing 100 Apartment Owners in a TAMA 38 Insolvency Case

Advs. Idan Miller and Hadar Eilon represented 100 apartment owners in a Tama 38 project in Holon, where the development company entered insolvency proceedings. We guided the residents through a mediation process that resulted in an agreement safeguarding their rights and securities without requiring any additional payments from them. The agreement also paved the way for resuming construction on the project. The mediation agreement, which included commitments from new apartment buyers (not our clients) to inject tens of millions of shekels into the project to fund its completion, was approved by the District Court.

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November 13, 2024

Deadline for NPOs to file 2023 annual reports extended

Due to the Swords of Iron War and the state of emergency, the Registrar of Amutot and Endowments published a new directive extending the deadlines for NPOs to file their 2023 annual reports in order to enable them to obtain a Certificate of Proper Management for 2025.

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November 12, 2024

EU's New Guidance: Travel Rule to Combat Money Laundering in Crypto

After the Markets in Crypto-Assets Regulation (MiCA) entered into force in June 2024, a significant step took place last July with the publication of the European Banking Authority (EBA) final Travel Rule guidance.

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November 11, 2024

Curaçao’s regulatory reform in gaming licensing

Curaçao, renowned as one of the most popular jurisdictions in the online gaming industry, is launching a significant reform in its licensing and supervision of gaming companies. This reform is part of a broader legislative process

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November 7, 2024

Navigating Tax Challenges in Startups

In an article for B'Chadrei Charedim, Harel Perlmutter, Head of the Tax Department at our firm, highlights how strategic planning can help minimize costs and optimize financial outcomes.

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October 30, 2024

Why FemTech Could Be Entrepreneurs' Next Big Investment - An Op-Ed by Attorney Inbar Gorelick

The FemTech sector is experiencing significant growth in Israel, with over 100 active companies and a projected increase of billions of dollars in the global market over the coming years. In an op-ed for People and Computers, attorney Inbar Guralik, who specializes in representing companies in this field, explains the vast potential of FemTech and the need for greater recognition of the industry alongside fields like cyber and artificial intelligence.

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October 30, 2024

Amendment to Income Tax Rules on Employee Equity

On September 17, an amendment to the Income Tax Rules (Relief in Issuance of Shares to Employees) was officially published, approximately 20 years from the last amendment. The amendment will enter into force on January 1, 2025 and will mainly affect the processes of approving equity incentive plans and of reporting to the Israeli Tax Authority.

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