The Iceland advantage

Iceland offers advanced business environment within the European Economic Area, with green energy and one of the highest education levels in the world. Bringing your business to Iceland is a great idea!

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Iceland focuses on a favorable business environment, including low corporate tax, availability of land and green energy at competitive prices and efficiency within the European legislative framework. Advantages of doing business in Iceland include:

  • Members of the common European Market
  • Ideally located between North America and Europe with efficient logistical route system on sea and air
  • Strong Free Trade Agreements, one of them with China which opens new opportunites for investors seeking to export to the world's fastest growing market
  • Advanced business environment and infrastructure
103,000 km2

Area

365,000

Population

100%

Renewable Energy Generation

55,870 USD

GDP per capita

Iceland’s Ranking vs Number of Countries Ranked

1

st

of 157

Gender Equality (WEF)

1

st

of 161

Global Peace Index (IEP, vision of humanity)

2

nd

of 167

Democracy Index (The Economist)

4

th

of 189

Human Development (UN)

Social Progress Index (SPI)

9

(163)

Economic Freedom

11

(178)

World Press Freedom

16

(177)

Environmental Performance Index (YALE)

17

(179)

Corruption (Transparancy Int.)

17

(179)

Global Innovation Index (INSEAD)

17

(132)

Property Rights Index (IPRI)

19

(126)

Competitiveness (IMD)

21

(63)

Doing Business (WB)

26

(190)

Globalisation (KOF)

53

(208)

For further information on doing business in Iceland

You can get more general details about the business environment in Iceland at Business Iceland's and The Iceland Chamber of Commerce's websites. 

Hsorka Arsskyrsla 29

If you still have questions, contact us and we'll figure it out together.