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FAQs - Israel Aviation Laws and Regulations 2021 Introduction In Israel, the detailed law controls the security of all civil aviation. It regulates licensing of operators and service providers, including pilots, flight schools, airport inspectors, flight controllers, and manufacturers of aircraft and aviation equipment. Furthermore, the legislation specifies strict security…
Read moreFAQs – Pharmaceutical Industry Laws in Israel Introduction What are the major pharmaceutical laws and regulatory bodies in ISRAEL? Legislation The main legislation relating to pharmaceuticals in Israel is: The Pharmacists Ordinance (New Version) 1981, which governs the manufacture, selling, prescribing, importation, and registration of medicinal products, as well as…
Read moreDoing Business in Israel Introduction What are the recent developments affecting doing business in Israel? After Israeli high-tech companies on public markets, there was increased activity on the IPO scene in 2019, with 4 Israeli tech companies choosing to go public on NASDAQ. In 2019, eventual funding for Israeli start-ups also increased, Israel's largest private-to-private merger to date, and a…
Read moreFAQs – Arbitration in Israel What is the state of law and Arbitration in Israel? Israel has a reputation for being a litigious nation. According to study, Israel has the highest number of lawsuits lodged per capita in the country. In 2004, Israel was ranked third among seventeen developing countries…
Read moreFAQs- Banking and Finance in Israel What is the Israel Banking System? Israel's financial system is sophisticated. It consists of 16 banks, four international banks with Israeli licenses, and three big and three small card firms. Bank Leumi, Bank Hapoalim, Israel Discount Bank, Bank Mizrahi-Tefahot, and First International Bank are…
Read moreFAQs- Competition Law in Israel Q1. What is the outline of Israel's Competition Law? The Economic Competition Statute, 5748-1988 (the Law) is Israel's primary antitrust law, with the aim of preventing damage to competition and the general public. The law lays down the substantive principles that apply to a variety…
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