Contact Moshe Kahn Advocates +972-3-6914775 +972-3-6914775

It seems the Government of Israel is serious about attracting more investors and entrepreneurs. The Ministries of Finance and the Economy have recently announced reforms that are aimed at promoting entrepreneurship and innovation. The Ministries have announced that a national technology innovation authority will be established and will be based out of the Office of the Chief Scientist. The aim is to allow for a shorter process and less delays and to improve the conditions for doing business in Israel.
The overall goal of this new reform is to attract new innovative businesses to the country by making these kinds of businesses in Israel easier to do.  This is a very welcome move and anything that can be done to enhance Israeli innovation and growth is an excellent thing.  It is speculated that a more modern suite of economic tools to choose from will be a big part of this upcoming reform.  Most certainly it is a welcome move and represents the first major change in this area in Israel, in the last twenty years.

Companies from all over the world are continuing to consider Israel as a viable option for investment in the high tech sectors. This has been proven again as it has been reported by The Wall Street Journal that corporate giant Microsoft has signed a letter of intent for investing over two hundred million Dollars in the purchase of the Tel Aviv firm of Equivio.  Both sides are very quiet at this time on the purchase but it sends the message to others that the State of Israel is open and ready for business from International firms.

On Monday, the U.S. Supreme Court heard arguments in a case that tests whether a 12 year old boy can list “Israel” as his birthplace on his American passport. The case was brought on by the parents of Menachem Zivotofsky, who was born in Jerusalem in 2002. In 2002 , A law that grants Jerusalem-born Americans the right to list “Israel” on their US passports, was passed by Congress . This regulation was passed as part of the  Foreign Relations Authorization Act. The State Department, however, has long refused to implement it. This is the second time that the Zivotofsky family is seeing the Supreme Court; the first was in 2012.

Moshe Kahn, Advocates,
Beit Amot Hashkaot, 7th Fl. 2 Weizmann St. Tel Aviv, 6423902.
Phone: +972-3-6914775

Israeli Business Law משפט עסקי