The Bi-Weekly Professional Magazine of Afik & Co, Attorneys and Notary
103 Hahashmonaim St., POB 20144, Tel Aviv 6120101, Israel, Telephone: +972-3-609.3.609
Afik & Co. marca el día de fundación del club de fútbol español Atlético de Madrid (26 de abril 1903)
Afik & Co. marks the day of foundation of the Spanish soccer club Atletico de Madrid (26 April, 1903)
Article: "Exit Tax" for French immigrants when moving to Israel
An article on taxation of French tax residents when relocating to Israel by French attorney Johana Bensoussan, Adv. and Gal Dikshtein, CPA, of Gal Dikshtein Advance Tax Solutions
Article: “Smart Money”Grant for Marketing Abroad
An article on the issue of “Smart Money” – ILS 500K Grant for Marketing Abroad, by Nili Shohat, Spark Financial Consulting.
Corporate, Antitrust and Securities Law Update
Non transfer of social deductions of employees is ground for piercing the corporate veil
Court may pierce the corporate vail and obligate sole shareholder and director in company’s liabilities where the company will not be able to pay its debts
Commercial, Intellectual Property and Labor Law Updates
A trade-in company has increased liability and is required to make full due diligence disclosure in a form separate from the car sale agreement
An agreement provision referring to legal change will apply only in case of change of law or case law of the Supreme Court
Passengers of a delayed flight are entitled to monetary compensation unless an unforeseeable force majeure
Real Estate Updates
Handing over possession of an apartment without a population form (Form 4) is not a due transfer of possession