Iceland
TKEG Expat ™ (Malta) Business Guide

Iceland

Corporate Services in Iceland

Tax Advantages

Iceland's corporate income tax rate is 20%, which is one of the lowest in Europe. At the same time, Iceland has signed treaties with more than 50 countries to avoid double taxation, protecting foreign investments from being taxed repeatedly.

Efficient Business Environment

Iceland's business regulations and legislation are simple and clear, English is widely used in society, and combined with full protection of foreign investments and fair legal procedures, conducting trade and business activities in Iceland is simpler and more attractive compared to many other countries.

Government Incentives

The Icelandic government values business and strives to create a friendly business environment. In addition to several advantages such as low corporate tax, land, and renewable energy, Iceland's Technology Development Fund provides initial stage funding of up to $500,000 for digital startups.

Strong Infrastructure and Favorable Energy Costs

Iceland not only has excellent infrastructure but also offers the most competitive electricity prices in Europe, with electricity prices between 2-3 cents per kilowatt-hour for large industrial users, and the price of industrial steam is also very competitive.

Tax Info

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Administrative Regions

1 - Capital Region
2 - Southern Peninsula Region
3 - Western Region
4 - Westfjords
5 - Northwestern Region
6 - Northeastern Region
7 - Eastern Region
8 - Southern Region

Belonging Jurisdiction

European Economic Area

EEA - European Economic Area

European Economic Area
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Iceland

IS - Iceland

Iceland
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Earth

WORLD - Global

Earth
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