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Ease your way into business

Sasha Kishko
Filed on January 28, 2021

Specialised Israeli international law firm CDPB help facilitate new ventures


With the newly signed peace agreements between Israel and the Gulf States, opportunities for business cooperation are blossoming. And the Cohen, Decker, Pex & Brosh law firm is enthusiastic to be at the forefront of such initiatives.

Israel is, of course, known as the 'Startup Nation', a hub of technological innovation, cooperation with which could contribute ideas, patents and developments to the growing UAE high-tech industries. Similarly, many entrepreneurs from the UAE are eager to invest in Israeli and Palestinian businesses, causes and charities.

As both countries are eager to facilitate economic relations, the bureaucratic part of the process, including paperwork and permits, is easier than you might expect. Nevertheless, the initial stages of newly established bilateral relations are apt to feature culture clashes, unexpected legal issues, and those seeking to exploit optimistic and naive foreign investors. As such, even experienced businessmen are advised to seek out the help of Israeli legal experts to ensure the smooth progress of their financial investments in Israel.

All your business needs
The Israeli law office of Cohen, Decker, Pex & Brosh serves as a one-stop shop that handles the entire process, from A to Z, of establishing a business branch, subsidiary or charitable enterprise in Israel. We ensure that your local partners are honest by helping to investigate their financial history and capacity; register your company or NGO in Israel; secure business visas, allowing any UAE investors or representatives seeking to explore local conditions, or attend conferences and meetings, to travel in and out of Israel without hindrance; and apply for foreign-worker visas for any experts or managers that would need to be present in Israel long term.

Our law firm has much experience in assisting international clients establish a business or NGO in Israel, including helping them to write bylaws, construct yearly reports for the authorities once the enterprise is established, and more. Once the legal entity is incorporated and recognised, we can assist in renting or purchasing real estate in Israel in order to carry out the necessary activities.
Additionally, if your Israeli partners require explanations, preparation, documents and permits in order to start their work in the UAE, we assist Israeli companies seeking to do business in the UAE, with the help of trustworthy, professional UAE legal colleagues.

The hard part
Having a business idea that requires international cooperation and finding reliable local partners is only the first part of a successful financial endeavor. Due diligence is required to ensure that the Israeli partners or investors you are cooperating with have the necessary funds, have no prior history of fraud or bankruptcy, are providing correct estimates in terms of costs and profits, and are otherwise financially sound and reputable. What's more, any business plan drafted abroad must be reviewed and amended to account for Israeli realities, legal procedures and regulations. In order to be eligible for long-term visas, representatives from the UAE in Israel - attending meetings, traveling to investigate local conditions, etc. - must prove that they intend to invest in the Israeli economy.

Only once the plans for an enterprise, company or organisation are finalised can the Israeli attorney start the process of applying for the necessary permits, documents and certifications. After the enterprise is registered, local employees must have work contracts, and experts/managers from the UAE require work visas. A specialised company bank account, which grants greater freedom with expenses, also requires meticulous documentation. Once the company is up and running, regular reports must be submitted to the authorities.

Cohen, Decker, Pex & Brosh has ample experience in all areas of setting up, registering and legally administering a foreign business or international contributions to an Israeli business. Our attorneys, who speak English and Arabic, will be happy to both explain and handle every step of the process.

Citizenship by investment and global emigration
In addition to specialising in the UAE-Israel businesses, CDPB law offices work with clients from the European Union, the US, UK, Canada, and many other first world countries. We help our clients receive citizenship by investment in the economies of Bulgaria, Greece, Spain, Portugal, Malta and more. Contact us for more information on citizenship by investment and golden visas.

Let's get together
People are what drive companies to success (or failure), and it's no different in the legal field. We are very excited by the new opportunities that the recent Abraham Accords have opened up in the Middle East. Before talking business, our team would love to meet, on a personal level, colleagues and partners from the UAE, in order to start a long-lasting and mutually beneficial working relationship. Therefore, please don't hesitate to contact us if you wish to connect.

Sasha Kishko,
Head of Content Department,
Cohen, Decker, Pex & Brosh

 





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