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Operating
environment
The
overall results show Iceland’s favourable
operating environment with its low tax structure,
high education levels and competitive cost for
skilled labour, land and electricity. Iceland is
therefore a strong candidate for businesses to
short-list when seeking new locations for their
international operations.
The
objective of the KPMG report was to compare the
relative cost of operating various types of
business in cities in Austria, Canada, France,
Germany, Iceland, Italy, Japan, Netherlands,
United Kingdom and the United States. Fourteen
operations are examined in the report. Iceland has
the lowest business costs among all the ten
countries for nine of the fourteen operations,
including all four software and R&D
operations, as well as three manufacturing
operations – pharmaceuticals, electronics
assembly, precision components – operation of
medical device production and operation of server
farms.
http://www.invest.is/PDF/KPMGsummary.pdf
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