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The Knesset approved a law to facilitate mergers and acquisitions of high-tech companies

Wednesday, 9 August, the Knesset approved in a final reading by the Ministry of Finance and the tax authority law to facilitate procedures for mergers and acquisitions of companies in the sphere of high technologies.

The law significantly reduces the number of bureaucratic procedures when you change the structure of the company and attracting large investors.

In the Preface to the act States that it was prepared on the basis of accumulated over the past years experience showed that the tax code currently does not meet modern economic ecosystem, greatly complicating transactions.

The Knesset approved a law to facilitate mergers and acquisitions of high-tech companies 10.08.2017

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