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Iceland and the EU

Latest business news about Iceland and the European Union.

Next steps for EU enlargement
The European Commission has recommended for a fourth time to open accession negotiations with the former Yugoslav Republic of Macedonia. It recommends granting EU candidate status to Albania subject to completion of key reform steps, and proposes negotiating a Stabilisation and Association Agreement (SAA) with Kosovo once it has made progress in fulfilling a number of short term priorities. The Commission also confirmed that Croatia is on track in its membership preparations. In a set of annual reports, the Commission also assesses the progress towards EU accession made elsewhere in the Western Balkans, Turkey, and Iceland over the past year.

International Tax Guide Iceland (Deloitte)
The Taxation and Investment Guides are a first stop for investors wishing to gain a working perspective on the operating conditions and investment climate – including the legal, accounting and taxation framework – in the countries covered in the Deloitte International Tax Source. In addition to the Iceland Highlights and Taxation and Investment Guide, above, country links open the door to the Deloitte International Tax Source and a wide range of materials and information on the tax consequences of doing business across borders.

Iceland: country overview
In March 2015 Iceland's government requested that "Iceland should not be regarded as a candidate country for EU membership". The Council took note and undertook further practical adjustments of its working procedures.

European Commission opinion on Iceland's EU accession bid - key findings
The European Commission has issued its opinion recommending the opening of accession negotiations with Iceland following the country's application for membership of the European Union. In the opinion, the Commission acknowledges Iceland's adherence to the common values of the Union, such as democracy, rule of law and respect for human rights. It identifies challenges ahead on the road to accession. Following today's recommendation by the Commission, it is now for the Council of the European Union to decide on the opening of accession negotiations with Iceland.

Fiscal and Tax Environment in Iceland
Information about the fiscal and tax environment for international organisations, investing in Iceland.

EU Delegation to Iceland
Contacts of the European Delegation to Norway and Iceland.

Starting a business in Iceland
This World Bank site provides information about the procedures and costs associated with starting a business in the FYR of Macedonia.

Iceland Investment Climate 2009
The Icelandic Government encourages foreign investment in most sectors. The majority of investment is in energy-intensive industries such as aluminum smelting that take advantage of the country‘s abundant renewable energy resources. Icelandic laws regulating and protecting foreign investments are consistent with OECD and EU standards.

Iceland: Economy Overview
Iceland's Scandinavian-type social-market economy combines a capitalist structure and free-market principles with an extensive welfare system. Prior to the 2008 crisis, Iceland had achieved high growth, low unemployment, and a remarkably even distribution of income.

Iceland country profile
Iceland is the westernmost European country, holding a strategic location between Greenland and Europe. The country is a potential candidate for EU membership.

British-Icelandic Chamber of Commerce
This site is to promote and maintain commercial links between Britain and Iceland.