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Libya
Inventa
Libya has imposed, by means of a directive, a restriction on foreigners registering trademarks in the country, with effect from November 1, 2022.
Amereller Legal Consultants
The Libyan electricity sector is characterized by various entities with overlapping competencies.
Amereller Legal Consultants
The PPA would typically be concluded between the sponsor and either GECOL or REAOL.
Amereller Legal Consultants
The allocation of project land is typically regulated by the PPA.
Amereller Legal Consultants
The idea of exporting green electricity from North Africa to Europe has been under discussion for many years. It is prominently associated with the DESERTEC initiative.
Amereller Legal Consultants
Any foreign company operating a renewable energy plant in Libya will be considered as ‘carrying on business' in Libya and would need to register a presence in Libya.
Amereller Legal Consultants
There are no general tax and customs exemptions for renewable energy projects in Libya, nor are there general tax and customs exemptions for investments in green hydrogen.
Amereller Legal Consultants
Any contracts with the Libyan authorities in connection with the project will be subject to the Administrative Contracts Regulation (ACR) as supplemented by Decree 12/2023.
Amereller Legal Consultants
The ACR provides for the exclusive jurisdiction of the Libyan courts for all disputes based on a government contract.
Amereller Legal Consultants
Libya has excellent conditions for renewable energies both in the fields of solar and wind energy, though the tremendous potential is thus far untapped.
Amereller Legal Consultants
On 13 October 2022, the Libyan Ministry of Economy and Commerce enacted Decree 944/2022 on the Participation of Foreigners
Karbal & Co
The Petroleum Law No. 25 of 1955 is considered the authoritative legal text for the Libyan oil industry.
Karbal & Co
Like any other government, the Libyan government, and its entities, purchases from the private sector, goods, services and works, such as construction and maintenance service.
Karbal & Co
It is a known fact that the Libyan people are still struggling to establish a strong central government in order to fulfill the hopes and aspirations that inspired the revolution of February 17, 2011.
Karbal & Co
Violations of human rights are committed by all countries with varying degrees of severity.
Karbal & Co
Despite the current security problems, the Libyan government, due to its efforts to rebuild the New Libya, has situated the nation at the apex of a widely-anticipated economic boom...
Karbal & Co
Libya Investment Libya is not only notorious for being one of the most stringent Middle East countries in enacting oil regulations...
Karbal & Co
Even though Libya has not ratified the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards, arbitration awards issued by arbitrators of foreign jurisdictions can be enforced in Libya.
Karbal & Co
After the fall of Gaddafi's regime, foreign companies which had performed works in Libya rushed to the international tribunals seeking compensation.
Karbal & Co
Tribunals, whether national or international, exercise discretion when awarding lost-profits claims since such claims involve complex economic and financial data.
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