Benefits in Iceland

  • Democratic country, politically and economically stable.
  • Member of EES/EFTA, enjoying free-trade agreements with countries in Eastern Europe and the Near East to ensure tariff-free trade in the world's largest free market.
  • Advantageous rules of origin in these free-trade agreements allowing imports of partially processed industrial goods from outside the EU for finishing and exporting to the rest of Europe.
  • Active international cooperation - OECD, GATT, GATS and WTO.
  • 18% corporate tax rate on net earnings - one of the lowest in Europe.
  • Extensive air and maritime service and infrastructure.
  • Research and high-tech industries.
  • Gateway to Europe - an ideal springboard for tariff-free access to the major EU markets.
  • Implements the same basic liberal business philosophy as the European Union.
  • European and Scandinavian-type health and education services.
  • Clean natural environment.
  • Abundant green energy.