Building relationships. Focusing on results A consultation that delivers Keeping your best interest in mind .

NASHEF, AUN, SHABAN & CO. (NAS) is a boutique law firm and a legal partner for companies, corporations, investors and entrepreneurs, offering a highly specialized counseling with an in-depth understanding of the legal and regulatory environment and the changing reality of the business world. At NAS, we believe in a long-term strategic view and in the power of visionaries to realize their goals.

PRACTICE AREAS

OUR PHILOSOPHY

At NAS, we believe in building a trust relationship and professional cooperation with our clients, standing by their side in promoting their growth and being available and involved every step of the way. This is because we understand that the basis of every wise business and legal decision is the understanding of all those involved in making it.

Our attorneys hold a strategic and creative approach that stems from a commitment to look at the long term with our clients and move their business towards success. We also pride ourselves on providing accessible and prompt communication as we realize this being key in today’s rapid pace of life.

On top of all, our attorneys strive to create best solutions tailored to our clients’ needs irrespective of their size and profile.

OUR TEAM

Abed Nashef

Managing Partner

Khaled Aun

Partner

Hisham Shaban

Partner

Areej Salameh-Aoun

Associate

Aseel Ibrahim

Associate

Areen Maroun

Associate

Reem Renawi

Pre-intern

OUR PHILOSOPHY

At NAS, we believe in building a trust relationship and professional cooperation with our clients, standing by their side in promoting their growth and being available and involved every step of the way. This is because we understand that the basis of every wise business and legal decision is the understanding of all those involved in making it.

Our attorneys hold a strategic and creative approach that stems from a commitment to look at the long term with our clients and move their business towards success. We also pride ourselves on providing accessible and prompt communication as we realize this being key in today’s rapid pace of life.

On top of all, our attorneys strive to create best solutions tailored for our clients’ needs irrespective of their size and profile.

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NEWS & ARTICLES

CONTACT US

Tel Aviv

28 HaArba'a St., Northern Tower, 34th Floor

Haifa

Ma’ale Ha’shichrur 15, 3rd Floor

Commercial & Corporate Law

Every corporation, company or business venture requires close legal guidance aimed at managing future risks and protecting its business interests.

Our firm has significant expertise and experience in accompanying companies, corporations, and businesspeople, as well as providing legal counseling guidance on a variety of matters in the fields of commercial and corporate law. The firm offers comprehensive and professional legal services for corporations and business ventures at every stage, from planning and establishment throughout regular business activity. Among others, we assist clients in corporate structuring as well as on matters related to shareholders’ rights, corporate governance, tax planning, and more. We also assist clients in structuring and negotiating complex commercial transactions, handling, including distribution agreements, manufacturing agreements, franchise agreements, investment agreements, cross-border transactions, joint ventures, and others.

In addition, the firm provides legal advice to office holders and executives in Israeli companies in negotiation processes and the formation of commercial agreements, as well as ongoing legal counsel in corporate law.

Our firm offers businesses and ventures ongoing legal support in a form similar to the legal guidance provided by a company in-house counsel. Within this track, the client receives close legal assistance and a comprehensive legal response to its needs in an ongoing manner, in order to allow it to carry out its commercial activity through careful planning of all of relevant aspects.

The long-standing experience of our firm’s attorneys in representing corporations and business ventures, together with their business acumen and comprehensive business vision, ensure that our clients receive the best service specifically tailored for their operations.

Construction & Zoning Law

Correctly dealing with construction and zoning challenges, enabling them to maximize their potential, and skillfully representing the client’s interests in all project stages.

The keys to any construction project (whether for personal or commercial use) begin “on paper” – in illustrations and scattered construction plan instructions – while careful planning and appropriate legal-professional guidance may serve as a comprehensive template for advancing the project in an optimal and efficient manner, leading to maximum utilization of time and resources, and minimum reasons for concern and delay in advancing the client’s ventures.

Our firm represents a wide range of clients with regard to construction and zoning laws before committees, courts, and zoning institutions, and has attended and actively participated in panels and community initiatives to advance key topics in this domain. 

In addition, our firm strives for maximum and constant attendance and active participation in the zoning and construction committees in the Northern District of the Israel Bar Association – with an aim to achieve the ultimate goal: serving our clients, starting with the consulting stage through the active involvement in legislation and enactment of regulations, and active assistance in dealing with the relevant institutions.

Commercial Litigation

In court, we believe in the power of proper planning: To present the claims in a timely, contextual and straightforward manner.

Our firm deals with litigation and appearances in various courts, in the prompt and professional representation of our clients’ interests, both in terms of legal drafting as well as strategic planning for risk management before different judicial tribunals.

Among other things, our firm represents companies and individuals – both foreign and local – in complex business disputes, including real estate disputes (ownership, lease, rental, exercise, construction and permits), disputes between shareholders, financial claims, legal proceedings in the field of banking, and more. 

Legislation relating to procedural law changes rapidly, and the need to remain constantly updated is of the utmost significance. Therefore, we ensure to constantly monitor these changes – even the most minor – since every step in the legal struggle can have decisive implications.

Our firm files on behalf of its clients’ pleadings and various motions, depending on the needs for handling the case. The firm has a wealth of experience in temporary and advanced proceedings, such as injunctions, temporary attachments, piercing the veil proceedings, proceedings with considerable added value – particularly when immediate actions are required in order to ensure positive results at the end of the proceeding.

Dissolution of Real Estate Partnerships

Dissolving the partnership and preserving the client’s interests.

Our firm, in a series of consultations with corporate entities, community institutions, professionals and legal entities, has adopted a practical approach for solving tomorrow’s issues related to joint real estate.

One of the prevailing issues that pertains to property ownership in the Arab society in Israel (and in Israel in general) is the issue of joint partnership in jointly-held land (due to a historic family division or joint acquisitions). In those cases, significant parts of privately-held land are registered in the names of those who were recorded in the land registry as part of initial arrangements or in the joint purchase stages. 

The firm has engaged in advancing – independently and in collaboration with other community and official entities – plans and dissolution processes (independent or before judicial instances) in order to push for an overall trend in this field, all with the active involvement of government and parliamentary officials, past and present.

Our firm specializes in dissolution proceedings between real estate partners, both in liquidation/partnership agreements and registration of plans for registration purposes, as well as in legal claims, which at times include preliminary proceedings (injunctions), prevention of trespassing, and the regulation of ownership and use for any of the owners in specific and defined portions, within the scope of the Israeli Land Law and under the circumstances of each case on its merits.

Startups, Hi-Tech & Venture Capital

Advanced industries require complex and tailored legal guidance.

The team at NAS possesses an extensive experience in representing hi-tech companies – both early stage start-ups and developed technology companies. Our team’s familiarity with the world of venture capital, including the trends and practices in this domain and the firm’s global-business vision, together with understanding of the unique needs of tech companies, allow us to provide our clients with creative and optimal legal solutions that are tailored for each case based on the company’s area of business.

We represent entrepreneurs and growth companies from inception, beginning with the idea and incorporation stage and onto exit. The assistance we provide our clients includes the preparation of founders agreements, determining the appropriate legal structure for the venture, protection of intellectual property rights, providing tax planning and advice, handling financing rounds and M&A transactions, and the identification of appropriate government funding and assistance programs. We also represent tech companies in their ongoing operations, including providing advice on corporate and employment matters, assisting in negotiating and handling strategic agreements and handling complex commercial transactions, such as licensing and R&D agreements, technology transfer, distribution agreements, representation and supply agreements (OEM/ODM), and more. 

Our firm gained significant experience in representing venture capital investors, including local and foreign investment funds, by representing these clients in their portfolio investments, including in carrying out due diligence process, structuring investment transactions and negotiating deal terms, preparing term sheets, and handling financing transactions, whether through equity investments or convertible financial instruments (eg. convertible loans, Notes, SAFE, and so on).

Our firm also advises startup companies on matters related to the various incentive laws, including in filing applications for grants from several governmental authorities (eg. the Innovation Authority (formerly the Chief Scientist), the Investments Center, and other governmental agencies). 

Employment & Labor Law

Not every employment agreement protects the parties, while the small details carry far-reaching consequences.

Every employer needs close and professional legal representation which ensures compliance with the strict norms applicable under Israeli labor law and avoid the violation of the law that can cost the employer heavily in legal proceedings (both in terms of the civil aspect of paying compensation, or fines or proceedings of criminal and administrative nature). 

Within our firm’s guidance for many corporations and employers, we provide legal support to carefully tailor the employment terms, with an emphasis on complying with all relevant legal requirements, while adjusting employment agreements to the employer’s particular needs, in a variety of fields and every possible employment constellation. This includes adjusting the arrangements that dictate the employer relations in the spirit of the times – and the plethora of options currently available, beyond the classic nine-to-five arrangements. 

In addition, our firm represents employers in disputes in the field of labor law, including in claims for wages, claims related to non-competition and intellectual property provisions, claims on workplace discrimination and more. The involvement of our firm’s legal team on these matters begins generally at pre-court proceedings and continues, if necessary, in legal proceedings in labor courts and other competent courts in order to protect the interests of the employers that we represent. 

Infrastructures & Municipal Corporations

Providing the client with a legal infrastructure to maximize his power vis-à-vis corporations and authorities.

The field of infrastructures and water and sewage corporations is a newly developing legal practice, in which our firm has assumed the responsibility of being a pioneer. We do so based on a sincere belief in the importance of the field (environmentally/scientifically, as well as in terms of regulation and law) in the development of a healthy and sound society, the equal distribution of resources, and maintaining an adequate quality of life.

In this area, we address and advise on issues of management of resources, legal action against government and private entities, and representation before regulatory entities, and at times encounter issues that need to be addressed for the first time. Thus, we are required to represent the interests of the corporations that we represent, including by designing a new legal outline with broad implications.

Our firm has acquired and continues to acquire a great deal of skills in the management of complex systems of this kind, and effectively, is one of the only firms with the professionalism necessary to carry out any required action in this domain in any area in the country.

Municipal Property Tax

Companies and businesses should not pay for the municipality’s mistakes.

Our firm represents many taxpayers on matters related to property tax and other municipal charges, which, due to errors in setting the billing amount, were charged payments that at least deserve a further and thorough legal investigation. Many times, the investigations found that the formation of the charge involved errors that could cost the property owners significantly, where the correct charge was substantially lower.

For the sake of illustration, the law has various “exemption” conditions (assets under construction, vacant assets, and so on), classifications that qualify for significant discounts (non-profit institutions, educational institutions, religious institutions and so on), and other legal possibilities that make the property tax charge one that is not inescapable but instead, a charge which thorough examination can save the taxpayer very significant amounts.

Our firm boasts substantial reductions for our clients in the scope of tens of millions of shekels saved – funds that ultimately benefited their businesses. Our experience in the field, in all of its successes, offers our clients creative solutions that can lead to significant savings.

Tax Law

Active on all fronts in order to maximize our clients’ interests.

Our firm’s tax department has significant experience in a wide variety of fields, including income tax, corporate tax, VAT and real estate taxation. The firm offers comprehensive and inclusive care to its clients, companies and individuals, as well as tax solutions tailored to business and strategic planning, while demonstrating proficiency and creativity in the areas of taxation, law and accounting, and an absolute commitment to the client’s needs .

We represent clients on all taxation issues that arise in the course of their business activities – from the planning stage, ongoing consulting and support with the tax authorities in pre-ruling procedures, and ending with disputes with the various tax authorities, including conducting tax assessments and representation before the courts in civil appeals on tax matters. The services we provide in this field include:

  • Transaction tax consulting and planning, including mergers, acquisitions, restructuring, investments and financing transactions. This includes, among others, taxation planning of transactions both on the “buy” and “sell” sides, due diligence, examining the tax implications inherent in the planned structure, inquiries to the tax authorities for pre-rulings, and more.
  • Tax consulting in real estate transactions, including the sale of residential apartments, the exercise of real estate following the liquidation of associations, including activity in real estate associations, tax aspects in special events (inheritances, forced proceedings, and so on) and more.
  • Handling complex VAT matters, including zero-rate tax, tax exemptions, financial institutions and the capital market, recognition of lost debt, purchase tax refunds, and more.
  • Preparation of detailed and comprehensive written opinions on complex matters in a variety of fields.
  • Consulting in the field of employee and senior management compensation, including taxation of employee options.
  • Tax litigation.

The comprehensive and high-quality service that we offer our clients is based, among other things, on in-depth knowledge and productive working relationships of our firm’s team with the tax authorities in Israel, in their various departments.

Private & Commercial Real Estate

Transversal and strategic control of real estate transactions.

Real estate investments, whether for private or commercial rental purposes, are labeled as the most solid investments for those with cash available for investment. However, as is well known, these investments are costly and sometimes involve considerable additional expenses, which require precise planning, and of course, broad and extensive awareness of the manner with which this investment must be managed.

Real estate investment in the modern world is no longer a matter of renting out a building and instructing the chicken to lay golden eggs; rather, it is an investment that requires study, educated decision-making on the basis of risk calculation, while carefully considering the aspects that are – in the eyes of the novice investor – the fine print, beginning with the taxation aspects, and ending with the planning of the property’s management (common areas, construction and parking rights, loading areas and management companies).

Unlike a commercial investment property, the importance of a person’s investment in an asset used for his and his family’s residence is clear – and this requires maximum consideration of the expectations of the purchaser or seller in terms of the purpose of the upgrade (since he is also a potential purchaser), considering the relative financial scope required to materialize an investment in his own walls, and the realization of a person’s hope to live where he wants to. There is a need for the proper planning, in-depth scrutiny, and conduct backed by experience in advancing real estate purchase transactions – all the more so when it comes to an asset where the family will spend most of its free time.

Our firm specializes in providing a response to substantive matters, strategic issues and “fine print” issues as one, while adopting a policy of providing a comprehensive legal casing for a real estate investment or commercial tenant, with the aim or receiving the maximum, of course, with minimum risk – and to have the asset generate yields, just as it is supposed to.

Intellectual Property

Protecting your valuable asset

At NAS we understand the challenges and issues our clients have to deal with when it comes to protecting their valuable intellectual property – whether that be in the technology domain or any other sector, and are well positioned to handle such issues in effectively and in a cost efficient manner.

Our team at NAS offers a broad array of legal services which are designed to safeguard your intellectual property rights, from protecting your trademark, copyright or trade secrets, onto handling your technology transfer agreement, assignment of intellectual property rights as well as licensing transactions.

We provide assistance relating to intellectual property issues to both domestic and international clients. Among others, we assist our clients in trademark registration in Israel, development and execution of copyrights strategies, brand protection as well as in litigating copy rights and trademark disputes in different venues.

 

 

Non-Profit Organizations

The first place for the third sector.

Our firm provides legal advice and guidance to social entrepreneurs as well as charities and organizations (local and foreign) active in the third sector, including associations (amutot), public-benefit companies, NGOs and endowments, and accompanies these entities throughout their various stages, starting with the incorporation and registration with the relevant government agencies and ending with the ongoing activity, including support for contracts and agreements, contracting with donors, consulting on tax and labor issues, and guiding intra-organizational steps to ensure the proper conduct of the organization. 

The firm also represents nonprofits and public-benefit companies before government agencies, including the Registrar of Associations, the Registrar of Companies and the Registrar of Endowments, among other things, in the filing of reports required under law, as well as in audit proceedings performed by the Ministry of Justice. 

The firm’s staff includes attorneys that have first-hand experience with the world of third-sector organizations – having themselves served and continuing to serve in key roles in third-sector organizations, including local and foreign nonprofits, whether as members of advisory committees, directors on the board and/or members of other committees in the same organizations. 

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