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

Benjamini & Co.
28 Haarba'a St
North Tower
Tel Aviv 6473925
Israel

Israel > Tax Tier 2

Benjamini & Co.‘s ‘highly professional, knowledgeable and committed‘ tax team impresses with its involvement in large-scale transactions. The firm has a strong track record of advising on the tax aspects of real estate, hi-tech and financial services-related deals, including cross-border matters. Its signature strengths were exemplified by its recent advice to eToro on its combination with a US-based SPAC, Fintech Acquisition Corp V. The boutique firm is also well versed in contentious work. Yair Benjamini is noted for his representation of major corporates in tax structuring matters and tax litigation. Sagiv Ron has a focus on the tax aspects of real estate transactions. Associate Elizabeth Krishmarov provides key support.

Practice head(s):

Yair Benjamini; Sagiv Ron

Other key lawyers:

Doron Elmekiesse; Shahar Strauss; Elizabeth Krishmarov

Testimonials

‘Benjamini & Co resolved my real estate tax problem brilliantly, displaying the highest level of professionalism I have ever encountered in Israel. Their diligence, thoroughness and concern assured me from the start that I was in the right hands. They were a pleasure to work with and their fees were reasonable.’

‘Benjamini & Co.’s real estate tax practice is strong in its theoretical knowledge of all aspects of real estate taxation, but also understands the business considerations behind the various real estate transactions in the Israeli market. Their in-depth knowledge enables them to offer creative solutions that also work from both a legal and business perspective.’

‘My experience with Benjamini & Co. has been very positive in the sense that they are very practical with their advice, they take their time to get to know the client’s issue before providing their advice and, most importantly, they are very collaborative. The practice will be the first one that I go to whenever I have a tax issue that I need help with.’

‘They are service oriented and very creative. They understand the clients’ needs and goals, and they then aim to solve them and advise them properly.’

‘Yair Benjamini is an outstanding professional with an amazing knowledge of cross-border M&A and hi-tech issues, with a practical approach and the ability to solve issues.’

‘Yair is an excellent tax advisor – he is smart, creative and a zealous advocate of his client’s best interests. The team is more assertive and more creative than the large firms.’

‘Sagiv Ron is very highly regarded, respected and trusted by the Israeli officials of the land tax authorities, with whom he is in contact on almost a daily basis. This means that when clients approach Sagiv, they not only get advice on what the tax strategy could be, but also are offered a realistic view of how the authorities will view the transaction.’

‘The entire team was highly professional, knowledgeable and committed, but Shahar Strauss in particular led my case brilliantly. No stone was left unturned, and I felt his concern for our success equaled my own. I have not experienced more amenable, reliable professionalism in Israel’s legal landscape.’

Key clients

Kardan Real Estate Ltd.

Netanel Group Ltd.

Rotem Shani Construction Company Ltd.

Meshulam Levinstein Contracting & Engineering Ltd

Yuvalim Group Ltd.

Alami Igal & Co. Ltd.

Dimri Galim

Merck & Co.

Pfizer Inc.

Levinstein Properties Ltd.

eToro Group Ltd.

Salesforce.com Inc.

Tosca Services, LLC

1-800 contacts Inc.

Hellman & Friedman

Alphabet Inc.

Fortive Corporation

ServiceNow Inc.

Red Hat Inc.

Palantir Technologies

Work highlights

  • Represented eToro Group and its founders on the tax elements of its transaction with FinTech Acquisition Corp V, and its prospective listing on NASDAQ.
  • Advised ARKO Corp on the Israeli tax aspects of its merger into Haymaker, a SPAC traded on NASDAQ and on the TASE.
  • Acted for a former CEO of an Israeli cybersecurity company in a tax dispute with the ITA involving stock option exercises of over NIS50m.

Benjamini & Co. is a leading boutique law firm with a proven reputation in the tax practice, providing a full, thorough, and professional package of solutions for all tax issues including tax litigation, tax planning, taxation of equity-based compensation, and routine advice on income tax, VAT and real estate tax law. Among the firm costumers are startup companies, Israeli blue-chip companies, individuals, and leading multinational corporations. The firm was founded in 2015 by Adv. Yair Benjamini. who has approximately 20 years of experience in the field of Israeli taxation and is one of Israel’s best-known tax lawyers with extensive know-how, skill, and rich experience in his practice. Each of the other partners in the firm, Adv. (CPA) Doron Elmekiesse, Adv. Sagiv Ron and Adv. (CPA) Shahar Strauss, is also each a leader in his respective tax field.

Benjamini & Co is well-known in its field, chosen as the local professional partner by leading law and accounting firms worldwide. The firm routinely presents its expertise on the tax issues on the agenda at conferences and in the media.

Yair Benjamini, founding partner: Yair serves as legal advisor to some of the largest accounting firms in Israel, providing advice with respect to the tax issues encountered by their clients, including drafting legal opinions, and providing legal support during tax assessment proceedings and representation in court. Yair deals with voluntary disclosure of foreign accounts and non-disclosed trusts, represents clients in audit proceedings and advises families on the changes in trust law and compliance with reporting requirements in Israel with respect to foreign and local trusts. Yair has accumulated a wealth of legal experience, especially in the field of equity-based employee compensation schemes and he regularly advises multinational corporations concerning remuneration strategy for workers in Israel.

Sagiv Ron, partner and head of real estate taxation: Sagiv has extensive experience and expertise in various areas of taxation and focuses on all tax aspects of real estate transactions. Sagiv provides tax advice to clients with respect to real estate transactions – planning the tax structure, writing opinions, preparing self-assessments, representing clients in assessment proceedings with real estate tax authorities and in appeal committees. Sagiv advises on urban renewal, purchase groups, residential apartments, real estate associations and development projects, provides continuous guidance to real estate contractor companies, developers, private individuals and real estate associations and specializes in advising developers in urban renewal projects.

Doron Elmekiesse, partner: Doron is a lawyer and Israeli accountant who specializes in Israeli taxation, international taxation and the taxation of domestic and international trusts. Doron worked for seven years at the Israel Tax Authority as a senior inspector and corporations and trusts coordinator. In his role at the Israel Tax Authority Doron accumulated extensive experience in tax audits of individuals, shareholders, companies and trusts, with an emphasis on numerous large-scope international tax issues. Doron was a member in various Tax Authority committees on legislative changes in the realm of the taxation of trusts and headed tax assessments for large and complex trusts.

Shahar Strauss, partner: Shahar has extensive experience in the management of complex income tax cases, from all their aspects, specializes in Israeli corporate taxation including tax benefits under the Encouragement of Capital Investments Law, holding company regimes, complex withholding tax issues, and the interface between income tax and land appreciation tax. Prior to joining Benjamini & Co as a partner, Shahar practiced as a senior associate at the Ziv Sharon and Co law firm and worked as a senior tax manager at KPMG. Prior to that, Shahar worked at the Israeli Tax Authorities as a tax officer at the Capital Market Department of the Professional Division.

DepartmentNameEmailTelephone
Partner Yair BenjaminiYair@yb.tax
Partner Doron ElmekiesseDoron@yb.tax
Partner Sagiv RonSagiv@yb.tax
Partner Shahar StraussShahar@yb.tax
Associate Shiran IdaShiran@yb.tax
Associate Elizabeth KrishmarovElizabeth@yb.tax
Associate Tal TeriTal@yb.tax
Associate Nofar ZigdonNofar@yb.tax
Of Counsel Ariel SchafferAriel@yb.tax
PhotoNamePositionProfile
Yeir Benjamini photo Yeir BenjaminiFunding Partner    
Yair Benjamini photo Yair BenjaminiFounding Partner
Elizabeth Krishmarov photo Elizabeth KrishmarovAssociate
Sagiv Ron photo Sagiv RonPartner
Number of lawyers : 9
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