More geothermal power, lower cost and less impact


All the initial targets of the Iceland Deep Drilling Project were reached when the IDDP-2 well at the Reykjanes Peninsula was completed. At 4,659 meters the temperature was measured at 427°C, with fluid pressure of 340 bars. It might be possible to produce 30-50 MW from this well. Fewer and more powerful wells mean less environmental impact and lower cost.

Population Study to Prevent or Treat Multiple Myeloma


The iStopMM study of the has been described as one of most important events in modern day myeloma care. It stands for Iceland Screens, Treats, or Prevents Multiple Myeloma and is in fact a nation wide screening study, under the auspices of Department of Hematology at Landspítali University Hospital, Iceland.

The Importance of Inclusivity


Greater social inclusion supports stronger and more sustainable growth. Iceland is one of the world's most inclusive societies based on equality, basic and digital infrastructure, entrepreneurship and employment.

Iceland's solid ICT infrastructure


Near universal internet participation, computer access and high international internet bandwith per user are among Iceland's main strengths according to ITU´s Report Measuring the Information Society 2016.

Icelandic scientists turn CO2 to stone


Icelandic scientists have achieved the groundbreaking result of permanently immobilising CO2 in just two years by injecting it into the ground, where it turns to stone.

Alvotech grand opening in Reykjavik


Alvotech opens the state of the art research and development center in the Science Park of the University of Iceland, Reykjavik, on 3 June 2016.

Icelandic Data Center at WHD2016


Due to ideal climate, green energy and sound infrastructure, Iceland can play a role in the disaggregation of data and the changing data center landscape, as explained by Jorge L. Balcells, Director of Technical Services at Verne Global.

Iceland ranks #3 in the ICT Development Index 2015


The International Telecommunications Union has published the ICT Development Index for 2015, ranking 167 economies based on information and communication technologies (ICTs), based on internationally comparable data and agreed methodologies. Iceland keeps third place as in 2010.

Iceland's Clean Energy and Climate Change


Invest in Iceland and three of Iceland's largest energy companies, participate in the Sustainable Innovation Forum, an event held in Paris at the same time as the COP21 Climate Summit.

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


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