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Data Centers Embrace the Cold

Iceland is one of Europe´s hotspots, or more specifically 'coldspots', for data centers according to a recent article in FDi magazine. And Verne Global is said to have hit the jackpot for data center locations with their Icelandic location.

Iceland is one of Europe´s hotspots, or more specifically 'coldspots', for data centers according to a recent article in FDi magazine. And Verne Global is said to have hit the jackpot for data center locations with their Icelandic location. 

"Key site selection factors for data centre locations involve power reliability and cost, connectivity, skilled labour, security, land cost, business climate and green energy potential. And as Verne Global discovered, Iceland ticks all the boxes."

Read the whole article on the FDi magazine website.

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For further information on the benefits of establishing a business in Iceland please feel free to contact us.

Incentives

Iceland focuses on a favorable business environment, including low corporate tax, availability of land and green energy at competitive prices and efficiency within European legislative framework. New direct investment projects can apply for an investment agreement, ensuring generous regional incentives, including a corporate tax rate ceiling of only 15%.

Why Iceland

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