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.
In the ITU's ICT Index 2016 Iceland now ranks number 2 of 175 economies, following Korea. The major improvement in Iceland since the 2015 ranking is a significant increase in mobile-broadband subscriptions in Iceland.
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