Information About Investment in Greenland

Last updated 8 July 2020
Information About Investment in Greenland

What Encourages Investors to Start Their Business in Greenland?

  • Greenland provides a range of investment opportunities.
  • Greenland has one of the most modern fleets of fishing vessels in the world.
  • Greenland exports high quality marine products to markets all over the world.
  • Greenland provides opportunities for oil and mineral exploration supported by a large workforce and infrastructure.
  • Greenland uses hydropower for permanent power generation.
  • Greenland lies between North America and Europe, and it is considered a link between North America and Europe.

Also read: The Importance of Having a Commercial Lawyer Before Starting Your Investment

Investment Opportunities in Greenland

  • Tourism.
  • Exploration of mineral and oil resources.
  • Export of drinking water to various countries of the world.
  • Biological resources and research.
  • Fisheries.
  • Agriculture.
  • Infrastructure development.
  • Logistics services.
  • Energy industry.

Also read: A Simplified Definition of Commercial Law

How to Start a Company in the Greenland

  • Completing the electronic registration at first.
  • Companies that want to hire people must register as “an employer”.
  • Foreign companies can either establish a subsidiary of another company or a branch of the parent company.
  • Companies established in Greenland must obtain the company’s registration number in order to start their business.

Also read: The Most Important Branches of Commercial Law

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