Israel Company Law 1999

Part IV: Administration of the Company

Chapter 1: Registered Office

123. (a) As of the date on which a company is registered it shall be bound to establish a registered office in Israel to which all notices for the company may be sent.

(b) Notification of the address of the registered office shall be delivered to the Registrar together with the application for registration of the company; notification of any change of address of the registered office shall be delivered to the Registrar within fourteen days of the change; the Registrar shall register the address of the registered office of the company.

(c) Service of any document on the company shall be effected by leaving it at the registered office of the company as registered with the Registrar at the time of delivery, or by sending it thereto by mail.

(d) Service of any document from the Companies Registry to the company, or from the Securities Authority to a public company may, notwithstanding the provisions of subsection (c), be effected by leaving it at the place at which the Registrar or the Securities Authority, as the case may be, is convinced that the company actually runs its business.

Registered office

124. Without derogating from the provisions of any law, a company shall keep the following documents at its registered office:

(1) the articles of association of the company;

(2) minutes of meetings of the general meeting as provided in section 90;

(3) minutes of meetings of the board of directors and resolutions as provided in sections 103 and 108;

(4) minutes of meetings of committees of the board of directors as provided in section 111;

(5) copies of notices from the company to shareholders over the previous seven years;

(6) financial reports of the company as provided in section 171;

(7) the register of shareholders, and for a public company the register of substantial shareholders, as provided in sections 127 and 128;

(8) the register of directors, as provided in section 224.

Documents to be kept at the registered office

125. A company may keep the said documents by using electronic means, provided that those entitled to inspect them are enabled to receive copies of such documents.

Manner of keeping documents

126. (a) A person entitled to inspect the documents referred to in section 125 may receive a copy of them in return for such payment as the company may fix therefor.

(b) The Minister may prescribe maximum sums for payment.

Receipt of copies

Chapter 2: Register of Shareholders and Register of Substantial Shareholders

Article A: The Registers

127. A company shall keep a register of shareholders.

Register of shareholders

128. A public company shall have a register of substantial shareholders in addition to the register of shareholders.

Register of substantial shareholders

129. The register of shareholders and the register of substantial shareholders shall be open for inspection by any person.

Inspection of registers

Read about Article B: Register of Shareholders