Firm Profile > Shekel & Co. > Tel Aviv, Israel

Shekel & Co.
3 AZRIELI CENTER
TRIANGULAR TOWER, 33RD FLOOR
TEL AVIV 67023
Israel

Tax Tier 1

Boutique tax practice Shekel & Co. is particularly well known for handling tax assessments, the tax structuring of M&A transactions and litigation, including matters before the Supreme Court of Israel. Yaniv Shekel, who serves as joint chairman of the Tax Forum and head of the Income Tax and Bookkeeping Committee of the Israel Bar Association, handles a wide range of significant mandates, with a particular focus on corporate tax. Ofer Elboim provides clients with assistance in the areas of VAT and real estate tax.

Practice head(s):

Yaniv Shekel; Ofer Elboim

Other key lawyers:

Binyamin Tovi; Ayelet Hillel-Birenzwig

Testimonials

‘I would like to emphasise their professionalism and extensive, up-to-date knowledge. I feel totally secure whenever I consult with them for the benefit of my clients.’

‘They are very knowledgeable, and it shows in the solutions they offer.’

‘Yaniv Shekel and Ayelet Birenzwig are amazing – very reliable and dependable.’

Key clients

Noble Energy

Apax Partners

Bank Hapoalim

Gazit Globe

Colmobil Group

Nesher

Maccabi Healthcare Services

Isracard

Pelephone

Discount Investments

Clal Industries Group

Psagot Investment House

Delek Drilling

The firm: Shekel & Co. was founded in 1992 by Dr. Moshe Shekel, Adv., and soon became a leading firm in the various areas of taxation, serving a wide range of industries from mid-size businesses to the most prominent companies in the Israeli marketplace, as well as non-profit organizations, municipal authorities, governmental institutions, international companies and foreign individuals, operating or investing in Israel.

Shekel and Co. has extensive expertise in all taxation areas. The firm advises, offers assistance and professional opinions, and handles income tax matters, international taxation, real estate taxes, municipal taxes, VAT, customs and litigation related to taxation issues. The firm enjoys vast litigation experience in the district courts as well as in the Israel Supreme Court. It also deals in commercial law, litigation, real estate and corporations.

The firm has more than 3,000 clients in a wide range of areas. It represents government companies, large corporations (both public and private), universities, various municipalities, and foreign companies and individuals operating or investing in Israel.

Taxation – Main Field of Specialization
General: Shekel & Co. has extensive experience and expertise in issues related to all tax fields. The tax department of the firm offers services related to a wide range of taxation laws, including income tax, corporate taxation, capital gains taxes, international taxation, VAT, municipal taxes, real estate taxes and more. This department provides personalized advice for entrepreneurs, and unique solutions in matters related to real estate taxes, mergers and acquisitions, capital market taxation and international taxation.

Shekel & Co. is considered a “boutique” firm, in the taxation area, and its clientele in this area includes the largest Israeli holding companies, public companies traded in Israel and in overseas markets, privately held corporations, high net worth individuals, government authorities, non-profit organizations and municipal authorities, as well as international companies and foreign individuals, operating and/or investing in Israel. As a result of its vast client base, and due to the specialization of the firm in the institutional and business sectors, the firm enjoys the direct and personal contact with the Israeli tax authorities.

Services: The firm not only provides detailed, comprehensive written opinions regarding the Israeli tax laws and proposed activity schemes, but also attains various rulings from the Israeli tax authorities, allowing the commencement of activity in Israel and the optimization of such activity’s tax structure. In this manner the firm has managed to save its foreign clients millions of Euros, following the approval of income tax withholdings exemptions and reductions or VAT payments returns, all made in a strictly confidential manner, without the publication and menace involved in the court proceedings. Furthermore, the firm has tailored specific solutions to employees in multinational companies allowing the tax efficient issue of share options, and other benefit plans.

Shekel & Co. is well acquainted with the taxation of non-profit organizations in Israel, and as the fiscal counsellor of some of the biggest organizations and institutions in Israel, has achieved significant reductions of the taxes levied upon such organizations.

The firm also represents its clients, both domestic and international, in all sorts of tax litigation, including pre-litigation procedures within the tax authorities’ internal departments. The firm litigation experience and Supreme Court precedents in the last decade are unparalleled. The known professionalism of the firm in the litigation procedures on the one side, and its close connections with the state counsels and high ranking ITA officials, on the other side, assist in resolving the case in peaceful terms even after litigation is initiated.

Publications: The firm publishes regularly in various taxation related publications and journals, and in specializing internet sites, including the firm’s web site: www.shekel-tax.co.il. The firm was also a contributor to the chapter on Israeli tax laws in the CCH, International Tax Planning Manual, published by Horwath International, and the writher of the Israel VAT chapter in Bloomberg BNA (www.bna.com).

Department Name Email Telephone
Income and corporate taxation, Tax litigation, International taxation, Tax rulings Yaniv Shekel
Income and corporate taxation, Real estate taxation, Value-added-tax, Tax litigation Ofer Elboim
Tax rulings, Trusts and estates, Voluntary disclosure Ayelet Hillel-Birenzwig
International taxation, Taxation of hi-tech companies and employees, Trusts and estates, Tax incentives Binyamin Tovi
Income and corporate taxation, Oil and Gas taxation, Tax litigation Dean Klaro
Value-added-tax, Import/export taxation Moti Eilon
Commercial, Not-for-profit organisations, Corporate, Real estate and construction Yaniv Hershcovitz
Taxation of hi-tech companies and employees, Mergers and acquisitions, Tax rulings Dotan Einav
Income and corporate taxation, Tax litigation Linor Bony
Photo Name Position Profile
Adv Ofer Elboim  photo Adv Ofer Elboim Senior Partner
Adv Ayelet Hillel-Birenzwig  photo Adv Ayelet Hillel-Birenzwig Senior Partner
Adv Dean Klaro  photo Adv Dean Klaro Senior Partner
Adv Yaniv Shekel  photo Adv Yaniv Shekel Senior Partner
 Binyamin Tovi photo Binyamin Tovi Senior Partner
Number of Partners : 9
Number of lawyers : 20
English
Hebrew
Russian
Turkish
International Fiscal Association (IFA)

Shekel & Co. is committed to providing equal employment opportunities and supplying our team with the optimal work environment for success. As a leading firm, specializing in all fields of taxation and supplying a variety of services, we strongly believe in diversity as a key contributor to a wealth of ideas and innovation. Our talented and diverse work-team dominates areas of expertise that complement each other, making the whole larger than its parts, and enabling us to preserve one of our main competitive advantages.