Greenberg Traurig, LLP

Map of AsiaEarlier this month, Israel’s Ministry of Economy’s Foreign Trade Administration announced a new assistance program for Israeli companies wishing to establish marketing representatives in, among other countries, China and Japan. The purpose of the program is twofold: both to accelerate rapid economic growth of Israeli companies in the target countries, as well as diversification of Israeli export destinations. The program will aim to strengthen the commercial activity and increase the number of Israeli companies in the target markets, by increasing exports to and expanding the scope of trade with these countries.

The program is designed for Israeli companies who wish to establish a marketing representative in the target countries. Awards granted will be based on expenditures by a grantee company for certain activities, including placing employees in the target country, hiring local consultants, operating expenses within the target country, and creation of a beta site and first commercial installation of a given new product to the target market. The grants will last up to three years each and range in size from 50 percent of a grantee company’s expenditures to a fixed cap of 700,000 New Israeli Shekels a year for expenditures on these activities (excluding the beta site related expenditures that are subject to a separate $400,000 cap). Grantee companies who subsequently increase their sales in the target country(s) will be charged royalties at a rate of 3 percent of such increase by the Ministry, pursuant to Section 12 of the program directive.
Continue Reading Government Grants Now Available to Israeli Companies Establishing Marketing Representatives in China and Japan

The Binational Industrial Research and Development (BIRD) Foundation has just announced it is once again accepting joint proposals for financing of joint U.S.-Israel ventures and development projects. Greenberg Traurig, the
Continue Reading U.S. – Israel Strategic Partnerships: Take Flight with the BIRD Foundation in 2015!

Devora Snyder with US Ambassador to Israel Dan Shapiro.
Devora Snyder with US Ambassador to Israel Dan Shapiro.

La dolce vita, “The good life,” Joie de vivre—every language has a phrase that encompasses the idea of exploring life’s big questions with verve, and Hebrew is no different. Laasot Haim is a way of life here in Israel. A team of Greenberg Traurig attorneys recently experienced this firsthand, combining practice enrichment, panel participation and network building, while attending the 2015 Israeli Bar Association Conference in the sunny town of Eilat, Israel. Attorneys from across Israel and the world traveled to the south of the country for a sun-filled week of top-notch workshops, hot-topic panels, and valuable networking. As always, Greenberg Traurig was an active participant, representing our international presence on multiple panels, attending events with Israeli peer firms, and hosting notable guests ranging from American Ambassador Daniel Shapiro to the ever-effervescent Dr. Ruth Westheimer (who taught the attending attorneys a thing or two about Joie de Vivre at a particularly lively evening event).
Continue Reading The 2015 Israeli Bar Association Conference: Lending Some ‘Joie de Vivre’ to Hot Topics in International Law

shutterstock_134671706The State of Delaware is known worldwide for its clear corporate law and predictable, fast courts.  For these reasons, many non-U.S. enterprises choose Delaware to incorporate corporations or form limited liability companies (LLCs) or limited partnerships (LPs) to do business worldwide. Israel is among the leading non-U.S. jurisdictions to use Delaware corporations.  In recognition of this fact, Governor Jack Markell, former Chief Justice of the Delaware Supreme Court Myron Steele, and Cynthia Kane, special assistant to the Delaware Secretary of State, have each visited Israel in the last two years.  Greenberg Traurig’s Tel Aviv office was proud to take part in several events surrounding those visits to promote Delaware as an excellent and efficient choice of for Israel-related business entities.  General information, in Hebrew, on why to choose Delaware as the state of incorporation or formation for your U.S.-based entity is available here.
Continue Reading Keep Your Delaware Company in Good Standing (and Don’t Panic if It’s Not)

On February 12, President Obama signed an Executive Order aimed at strengthening the cybersecurity of the nation’s critical infrastructure. The Executive Order, titled “Improving Critical Infrastructure Cybersecurity” focuses on increasing protection from cyber attacks by: (i) requiring federal agencies to share information about cyber threats with U.S. companies; and (ii) directing the National Institutes of Standards and Technology (NIST) to develop standard practices and procedures to effectively minimize the risk of cyber attacks. As the owners and operators of critical infrastructure, government contractors and others, will be affected by the implementation of this Executive Order.
Continue Reading Executive Order on Cybersecurity Impacts Government Contractors and Other Critical

In late February, GT’s Tel Aviv office was pleased to host the visiting Deputy Commissioner for the State of Georgia’s Department of Economic Development (GDED), Gretchen Corbin, and her colleagues. Over two days, GDED representatives had the opportunity to meet with numerous Israel-based companies looking to launch or expand their presence in the US market. The visit focused on introducing Israeli companies working in the industrial sector that may be interested in establishing a manufacturing or distribution presence in Georgia.
Continue Reading Discussing the Challenges of Finding Rewarding Positions in Israel