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