Iceland presents international businesses and investors with a wide range of opportunities for investments, different activities and operations in a highly developed economy. Iceland offers attractive fiscal and tax environment for locating holding companies and multinational headquarters with world-wide activities. Iceland is Europe’s most competitive economy and ranks #7 overall according to The IMD World Competitiveness Yearbook 2007. With robust R&D, expertise in sustainable harvesting from unique natural resources and an ideal location bridging two of the world’s strongest markets, it is no wonder that Iceland has experienced a rapid economic growth and seen more foreign companies investing in Iceland.