Attractive fiscal environment
Corporate taxes in Iceland are low and transparent. Corporate income tax in Iceland is only 20% on net income. There are no additional taxes on corporate profits net wealth taxes or alternative minimum tax.
Innovative community
Well educated and skilled workforce, highly skilled service industry and innovative thinking within companies and local authorities helps you develope your products and processes even further.
Vast amount of green energy
The circular pass through power grid in Iceland is one of the most reliable in the world. This combined with long term contracts with the energy companies makes Iceland one of the most attractive locations in the world for energy intensive companies. Add to the fact that energy produced with hydro power and geothermal power as in Iceland is nature friendly, a fact that is becoming more and more significant for consumers.
Effective and reliable workforce
The workforce in Skagafjörður is both reliable and effective. Absence due to sickness is very low and in some cases companies have experienced reduction in absence with increased overtime.
Less time spent in traffic
Short distances and relaxed traffic gives you and your workforce valuable free time that otherwise would have been spent inside a car on the freeway. Commute time in the town of Sauðárkrókur averages at about 7 minutes, adding about 200 hours a year of spare time to the calendar of those commute for 30 minutes in larger towns.

Doing business in Iceland

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Welcome to Skagafjordur - Northern Iceland

Skagafjörður is a region in Northern Iceland. This is a small but competitive community that offers you a great advantage for your company. The highly skilled, educated and effective workforce in the area has proven to be innovative and reliable and well suited to accomplish any tasks. Being in the middle of the North Atlantic ocean, Iceland offers a great strategic location, between two large markets in Europe and America. The green and low priced energy combined with great fiscal environment is then well suited to tender the financial health of your company. We are here to help and the experienced consultants within the municipality of Skagafjörður are more than willing to assist you in your quest for a good location. So dont hesitate, contact us today.

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