By Andrzej Tokaj, Penteris
Lawyers and energy sector experts from Poland (Penteris), France (De Gaulle Fleurance & Associés), Saudi Arabia (AlMaghthawi & Partners), China (DaWo Law Firm Shanghai), South Africa (ENSafrica), and India (Khaitan & Co) have come together to examine current trends on the energy market. Here are some of the key trends.
By Dr. Carolin Klein, LUTZ | ABEL
The amendment to the promotion of renewable energy characterised the year 2014 to a great degree. The Renewable Energy Act (EEG 2014) which came into force on 1 August 2014 initiated the changeover to a new system for the promotion of renewable energy. Unless the facility operators are subject to specific exemptions, operators of new plants are generally required by EEG 2014 to sell their generated electricity through the electricity market.
By Götz Hempel, TeekensKarstens advocaten notarissen
One of the connecting subjects between the Netherlands, Germany and Scandinavian countries are issues regarding renewable energy, namely on- and offshore wind energy. Especially the conditions for offshore wind energy in the Netherlands are excellent: relatively shallow waters, good wind resource, good harbour facilities, experienced industries and a new, robust support system.
A quarter of the CO2 emissions certificates that are planned to be released by 2015 will not be put on the market until 2019 and 2020. On February 19, 2013, the European Parliament's Environment Committee issued this proposal for approval by the EU Commission. This is to prevent the industrial sector from stocking up on emissions certificates at dumping prices.
By Akshat Divatia, Harris Bricken
For professionals working for multinationals, foreign expat assignments can be highly alluring. The prospect of living abroad in corporate housing, getting to know foreign counterparts, and exploring a different country are among the many reasons why such assignments are highly coveted.
By Vijesh H. Zinzuwadia, Zinzuwadia & Co. CA
The Indian government has initiated the Make in India programme to launch India as a new manufacturing hub and to encourage companies to develop, manufacture, and assemble products made in India. This has led to an increased number of expatriates coming to India. Considering tax planning for expatriates coming to India has become an essential part of this initiative.
By Wytske Wijnnobel, LIMES International B.V.
Nothing new under the sun: the UK left the EU on 31 January 2020. Up to 31 December 2020, there was a transition period, making it possible for UK nationals to continue living and working in the Netherlands. As of 01 January 2021, living and working in and travelling to the Netherlands is not to be taken for granted. Due to Brexit, individuals and companies need to pay serious attention to the immigration requirements.
By Christopher Pitaluga, Abacus Financial Services Ltd
It’s funny how once-in-a-generation opportunities tend to come, well, once in a generation. In the case of Gibraltar’s recent agreement with Spain and the UK to formalise a treaty by 30 June 2021 that will see Gibraltar join the Schengen area and achieve customs alignment with the EU, it’s a once-in-two-generations event.
By Chaitanya Kumar, SKC Consulting Pvt. Ltd.
India has made detailed pronouncements concerning travel into and out of the country. Broadly, the guidelines can be classified into the categories below: