According to the Data Centre Risk Index 2016, Iceland ranks number one of the key established and emerging data center locations compared by Cushman & Wakefield.
The Data Centre Risk Index is designed to support data centre due diligence and senior decision making when considering global investment. 37 countries are ranked according to a number of the most appropriate risks affecting data centre operations in today’s current climate. The risks assessed include e.g. natural disasters, energy security, the share of renewable energy, ease of doing business, corporation tax and political stability.
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%.
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