The highly competitive fiscal system in Iceland is both simple and effective, and has been recognized as such by a number of international companies that have decided to relocate their business to Iceland in the past few years. The main attraction has of course been the low 18% flat tax rate levied on corporate net gain. But Iceland has become even more competitive.

The Invest in Iceland Agency has just published Doing Business in Iceland 2008, the sixth edition of the popular Doing Business in Iceland handbook.  A PDF file of Doing Business in Iceland can be down-loaded from our website www.invest.is/publications, and a hard copy will be available on February, 21st.