חוק החברות (תיקון מס' 37), התשפ"ד-2024Law of Companies (Amendment No. 37), 2024 · automatic translation · suggest a correction

Official summary of the law (Knesset)

The Law makes several amendments to the Companies Law intended to improve regulation and enhance the reliability of the registries. The main amendment adds an arrangement authorizing the Registrar of Companies to strike off inactive companies from the Registrar's registries. The amendment includes a series of additional amendments, including: cancellation of the requirement for a foreign company to submit a Hebrew translation of its incorporation documents if the documents were submitted in English, shortening the period for submitting a debt claim in a voluntary winding-up proceeding to 90 days, easing the requirements for an application to register an association so that it will not be required to attach an affidavit of the founders signed by an attorney and digital verification will suffice, and a provision regarding the updating of amounts in the fixed update mechanism concerning the definition of an inactive company or association that is permitted not to appoint an auditing accountant.

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