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Home · practice areas · Latest Updates

Latest Updates / Startups

February 20, 2018

What Is the Milchan Law? Interview with Harel Perlmutter

Harel Perlmutter, Head of our Tax Department, was interviewed by Bloomberg BNA in the wake of new publicity surrounding the Milchan Law. The law in question grants new immigrants and returning residents a 10-year tax exemption on income earned abroad.

February 19, 2018

Supervision of Service Providers Engaging in Digital Currencies

While some uncertainty exists with regard to the regulatory regime that applies to public offerings of digital coins (ICOs), in the area of services related to digital currencies, regulations are expected to come into effect on June 1, 2018, within the scope of the Control of Financial Services Law.

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February 19, 2018

Zvi Gabbay Interviewed by Ynet News on Bezeq Investigation

Dr. Zvi Gabbay, Head of the Capital Markets Department, was interviewed by Ynet News about the recent developments in the investigation against Bezeq.

February 19, 2018

Failed Attempt by Owners of Tel Aviv Building’s Basement to Convert Office Space into Apartments

The Tel Aviv District Appeals Committee recently set aside a building permit granted by the city of Tel Aviv to the owner of office space in a building designated for demolition under TAMA 38 who sought to convert the space to residential use.

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February 18, 2018

Terminating an Ongoing Transaction Puts an End to Advertisements

On February 2018, the Knesset passed Amendment 66 to the Communications Law. The legislative amendment, colloquially known as "the Spam Law", prescribes that when an ongoing transaction is terminated, a dealer will be prevented from continuing to send advertisements to the former customer, even without the consumer being required to send notice that he is opting out.

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February 15, 2018

Tax Authority Defines Rent Earned from Leasing 10 Apartments or more as Business Income

The Israel Tax Authority (ITA) recently published a draft circular for public comment on the issue of classifying residential rent income. The ITA states that, according to its reasoning, income from the leasing of 10 or more apartments should be deemed business income.

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February 15, 2018

City of Givatayim to Freeze All Future TAMA 38 Projects in East Givatayim for Two Years

Givatayim intends to transform the city's east with a series of "Pinui-Binui" projects to be built along Ben-Gurion Street on the city lines between Givatayim and Ramat Gan. In order to advance the plan, the Tel Aviv District Committee for Planning and Construction approved Givatayim’s request to prohibit the issuance of permits for TAMA 38 in the same area for a period of two years.

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February 13, 2018

Oracle conference on the GDPR regulation

We were invited to speak today at the Oracle conference on the new EU privacy regulations (GDPR) and their legal implications for the organization.

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February 11, 2018

February 2018 News Flash – Employment Law

New updates regarding safety violations in corporations and change in the retirement age for a person whose child has died.

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February 11, 2018

Smart City – Israel's Innovative Technologies

The future is here and Israel’s innovative Smart City technologies are creating a pathway for the nation as well as the world. Central to this crucial development is a remarkable collaboration between the private sector and the government.

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February 8, 2018

Israel Hopes Lower Taxes, Less Regulation Will Spur Trading Boom

Dr. Zvi Gabbay, Head of our Capital Markets Department, and Adv. Harel Perlmutter, Head of our Tax Department, were interviewed by Bloomberg BNA regarding the Tel Aviv Stock Exchange's intention to reduce red tape and ease regulations in order to further continue the growth in the number of new companies being traded on TASE.

February 8, 2018

The National Committee for Planning and Construction for Areas Prioritized for Residences Approves Urban Renewal Plan

The National Committed decided, for the first time, to submit an urban renewal plan for the residential neighborhood of Kiryat Moshe in Rehovot.

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February 5, 2018

Ariella Dreyfuss mentoring at the IBM's Alpha Zone Pitch Day

As part of our cooperation with IBM Alpha Zone Accelerator, Ariella Dreyfuss will mentor today at the IBM Alpha Zone Accelerator's 7th Class Pitch Day, where participating startups have the opportunity to present to industry leaders and receive relevant feedback.

February 5, 2018

Main Aspects of Plan for Tel Aviv 3rd Quarter Will Enable Construction of 8,000 New Apartments through TAMA 38

The Tel Aviv District Committee for Planning and Construction recently gave final approval for the Tel Aviv 3rd Quarter Plan, making possible the construction of 8,000 new residential units. The road to the plan's final approval, a plan prepared in accordance with section 23 of TAMA 38, was long and filled with obstacles.

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February 4, 2018

Employers, Do You Have a Central Severance Pay Fund? You Should Read This

In 2017, the Israel Tax Authority published a circular addressing the use of accumulated balances in central severance pay funds, and many employers began liquidating these severance pay funds. It is important to note that the liquidation of a central severance pay fund also has implications on labor relations with your employees.

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February 1, 2018

Barnea Advised on the $703 Million Acquisition of Theramex by CVC

Barnea Advised on the $703 Million Acquisition of Theramex by CVC Capital Partners. Theramex is Teva Pharmaceutical Industries' global women’s health portfolio.

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January 31, 2018

Follow these strategic steps in planning your company’s exit

Before selling your business, consider these factors to guarantee your company is fully prepared. Following are pertinent reasons why business owners cannot afford to risk a hands-off approach to planning a business exit strategy.

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January 29, 2018

TheMarker Op-Ed: How to Enjoy Blockchain Innovation

Adv. Daniel Israeli, a member of Barnea's Capital Markets Department, wrote an op-ed piece for TheMarker on the need to create an appropriate regulatory framework for the issuance of digital currencies.

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January 28, 2018

Zvi Gabbay Featured in Israeli Blockchain Association Legal Survey

Dr. Zvi Gabbay, the head of our Capital Markets Department, was featured in a legal survey conducted by the Israeli Blockchain Association on current trends in blockchain in Israel.

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January 25, 2018

Israeli Tax Proposals for Blockchain, First Steps to Approval

Adv. Harel Perlmutter, the head of our Tax Department, was interviewed by Bloomberg BNA following the release of the Israel Tax Authority's new draft plan for taxing ICOs.

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