SOUTH ICELAND. Iceland is a country full of geological contrasts and they are best visible in the South, where geothermal heat meets glacial cold. In the Southwest and the Golden Circle Area, the heat is on, providing the energy for Iceland’s many greenhouses and swimming pools. The Southeast shows off Europe’s biggest glacier Vatnajökull, spectacular waterfalls, and black sand beaches on which the powerful waves of the North Atlantic break. South Iceland is the home and playground of IWI.
Along with having one of the lowest corporate tax rate in Europe, Iceland has a highly educated workforce which is ranked among the highest in the world, offers competitively priced renewable energy with an advanced infrastructure making Iceland an ideal location for investors.
With high professional standards and the cooperation of major international banks and accounting companies, a large number of international investors have been establishing their business in a wide range of industries in the investor-friendly environment of Iceland
European Regulatory Framework and Tariff-Free Access EEA Agreement Iceland is a part of the European Economic Area (EEA). Although Iceland is not a member of the European Union (EU), the EEA Agreement unites member states into one single market governed by the same basic rules: free movement of goods, capital, services and persons, and competition rules. European Co-operation in Iceland. Iceland is also a member of WTO, OECD and a number of other trade related organizations. The benefits of the large market of the EU are many, including access to a large number of suppliers, less bureaucracy, huge market to sell goods and services in, and harmonized standards. Regulatory Framework A company operating in Iceland follows the rules and standards of the EU requirements. The procedure of building in Iceland has been implemented from the European Union directive on Environmental Impact Assessment (EIA), so the procedure is mainly harmonized.
With strong government support, an impressive academic network, extensive population data, advanced health care system and the country's natural energy resources, Iceland offers great opportunities for knowledge-based industries such as biotechnology and food and beverage production.
The south coast of Iceland is an astonishing medley of waterfalls, glaciers, and famous black sand beaches, home to the biggest glacier in Europe and gateway to some of the most beautiful hiking areas in Iceland.
Iceland - always surprising.