8 September 2022

Freeports key to hydrogen hubs – Elizabeth Small writes for Property Week

Corporate Tax Partner, Elizabeth Small, has written for Property Week’s Legal and Professional section on the benefits of siting “green” hydrogen production plants in Freeports.

Freeport-based green hydrogen sites could serve as accessible international hydrogen exportation points and provide a clean fuel for maritime use, while also benefitting from the various Freeports tax incentives, including an exemption from stamp duty land tax.

In Small’s opinion: “If the freeport status does its job of creating a dynamic high-growth cluster, there is a happy side effect in the attraction of the many experts, investors and innovative businesses that will be vital to the hydrogen ecosystem.”

To read more about the benefits of Freeports and how they may be used for a net zero future, click here.

This article was first published in Property Week on 24 August 2022 and is available to read in full here, behind their paywall.

Our Insights

Forsters LLP’s "lawyers are easily as good and capable as Magic Circle advisers".
The Legal 500 UK