Israel - Market Entry and Legal Services

Lawyer & Law Firm in Israel

Israel has a highly developed free-market economy with modern infrastructure that rivals some of the Western Countries and high-technology sector that allows the country to have sophisticated welfare state. It has the second largest number of start-up companies and third largest number of NASDAQ-listed companies. Israel is open to foreign investments and even the Israeli government is pushing to create a more supportive environment for foreign investors who are looking for business opportunities in the country.

Commercial Relations between India-Israel

Israel and India maintain a robust and diverse trade relationship, marked by reciprocal exports of pearls, precious stones, machinery, and chemical products. The collaboration extends to defence-related machinery, base metals, and transport equipment. A significant agreement was reached in March 2022 between Indian Potash Limited (IPL) and Israel Chemicals Limited (ICL) for the supply of Muriate of Potash. India is Israel's second-largest trade partner in Asia and ranks ninth globally in trade volume. From April 2000 to March 2023, FDI from Israel to India reached USD 284.96 million. The bilateral trade volume for 2022-23 was USD 10.77 billion, underscoring the strength of this partnership in various sectors, especially technology, where joint ventures are flourishing on the global stage.

Business Advantage for Indian Companies in Israel

Establishing operations in Israel offers Indian companies numerous strategic advantages. Israel's innovation ecosystem, known for pioneering research and cutting-edge technologies, enables Indian firms to access breakthrough advancements, fostering their growth. The vibrant start-up culture encourages collaborations, investments, and swift adaptation to changing business landscapes. Access to global markets is facilitated by Israel's extensive trade relations and connections. The highly educated and specialized Israeli workforce provides a skilled talent pool, while alliances and joint ventures lead to innovative products. Collaboration with Israeli research institutes and universities leverages scientific achievements. Israel's investment landscape, venture capital ecosystem, and diplomatic ties provide funding and cooperative opportunities. Thriving high-tech sectors, including cybersecurity and AI, offer growth potential. Diversification across Israel's economy broadens offerings and market exploration. Partnerships enhance global recognition, showcasing capabilities alongside innovation leaders. Engaging in Israeli industry events fosters networking and collaboration. In essence, the strengths and synergies between India and Israel provide a fertile ground for Indian companies to innovate and tap into new markets, fostering entrepreneurial growth.

Incentives and Support Programs by Israel for Indian Companies

Israel offers a range of incentives and support programs to encourage Indian companies to establish a presence and engage in business activities in the country. These initiatives aim to foster economic growth, promote innovation, and enhance bilateral trade relations. Some notable examples include:

• Investment Promotion: Israel offers incentives like tax benefits, grants, and subsidies to attract foreign investors across sectors.
• R&D Collaboration: The Israel-India Industrial R&D Fund supports joint research projects for technological innovation.
• Incubators and Accelerators: Israel's programs provide mentorship, funding, and workspace for start-ups.
• Innovation Partnerships: India-Israel challenges encourage cross-border start-up collaborations.
• Investment Protection: Bilateral treaties secure foreign investors' interests and dispute resolution mechanisms.
• Technology Transfer: Access to Israel's advanced tech ecosystem enhances competitiveness for Indian firms.
• Trade Promotion: Missions, forums, and matchmaking events link Indian businesses with Israeli partners.
• Export Financing: Israel's Export Institute supports Indian companies exporting to Israel.
• Government Collaboration: Partnerships in agriculture, water management, and defence create opportunities for Indian companies.
• Customized Services: Israeli organizations offer tailored support including market research and legal guidance.
• Start-up Visas: Entrepreneurs can enter Israel's start-up scene under its visa program.
• Tourism and Trade Cooperation: Initiatives bolster cross-border interactions and networking.

Starting a Business in Israel

Following are the steps to establish a company or entity in Israel:

• Choose a Unique Name for proposed Company.
• Meet the Eligibility Criteria
• File Application and requisite Documents
• Obtain Certificate of Incorporation
• Foreign Company Registration
• Post-Registration Compliance

Visa and Immigration

Israel offers different types of visas for foreign nationals based on the purpose of visit. Some of the common visas provided by Israel are below:

• B/1 Work Visa
• A/1 Temporary Resident Visa
• A/2 Student Visa (with Work Rights)
• H/1 Foreign Expert Visa
• B/2 Tourist Visa (with Work Rights)
• A/4 Spousal Visa
• B/5 Investor Visa
• Start-Up Visa

Entering the Israeli market offers ample opportunities across sectors due to its strategic location, strong economy, and advanced infrastructure. However, careful planning, adherence to regulations, and cultural sensitivity are crucial. An informed approach leveraging Israel's strengths can ensure a successful entry into this promising economy.

To read more about the Israel market and various business opportunities – CLICK HERE

How Do We Help?

At India Law Offices (ILO), we strive to deliver exceptional legal services to our clients not just within India, but on a global scale. Over the past two decades, we have diligently expanded our presence by establishing strong partnerships, both formal and informal, with esteemed professionals from leading law firms in key commercial hubs worldwide. These alliances have empowered us to offer efficient and seamless representation of the utmost quality in any jurisdiction. Through our extensive network, we are able to cater to the diverse needs of our clients and ensure that they receive top-notch legal assistance across borders.

With a host of global affiliations with some of the largest law firms and legal networks, India Law Offices makes business possible worldwide for its clients. We provide comprehensive support to companies from Israel seeking to enter the Indian market. Our services encompass various aspects such as establishing subsidiaries or branches, navigating commercial contracts, and addressing any legal requirements. Additionally, we extend our expertise to Indian companies aiming to expand their operations in Israel, offering corporate assistance and legal support tailored to their specific needs. In collaboration with our Israeli counterparts, we are well-equipped to provide guidance on cross-border transactions between India and Israel, including mergers and acquisitions (M&A), joint ventures, and other related activities. We are committed to helping our clients navigate the complexities of Indo-Israeli business collaborations and achieve their desired outcomes. Our expertise extends to a wide range of areas, ensuring comprehensive assistance in various aspects such as:

• Corporate and M&A – Incorporation of Company, Branch Office, Merger & Acquisitions, Joint venture, Technical Collaboration, Taxation, Financial Reporting
• Commercial Contracts – Drafting & vetting of contracts like franchising, distribution, sales and marketing, licensing etc.
• Business and Civil Litigation – Representation before courts and judiciary bodies, Arbitration, Mediation
• Immigration – Obtaining Visa, Citizenship, Visa extension, Work Permit etc.
• Labour & Employment – Advice on Employment Laws, Tax implication on French nationals working in India, Drafting Employment Contracts & HR Policy
• Real Estate – Buying & Selling of Property, Development of real estate projects.
• Intellectual Property Rights – Trademark, Copyright & Patents registration
• Family Law and Inheritance – Cross border Divorce, Marriage Registration, Child Custody, Adoption, Drafting Will, Setting up Trust or Estate