Hydropower
- Model Hydropower Prospecting License
- Hydropower Act of 2018 (unofficial translation) - In Danish
- Hydropower application guide for prospceting activities
- Greenland – overview of national regulation on hydropower activities
Large scale
Environment
Public administration
- Unofficial consolidation of the Greenland Parliament Act on public accesss to documents in administrative files - In Danish
- Greenland – constitutional overview - Self-Government
- Executive Order on fees for the authorisation and reimbursement of costs for case processing in connection with preliminary studies and exploitation of hydropower for energy production
- Executive Order on fees for the authorisation and reimbursement of costs for case processing in connection with preliminary studies and exploitation of hydropower for energy production - In Danish
Tax
Corporate and dividend taxType | Amount |
Corporate tax | 25% |
Dividend tax | 42% |
Combined corporate and dividend tax | 36% * |
*Dividends can be deducted, whereby the total of Corporate Tax and Dividend Tax is 36%.
Personal tax in different municipalities
- Kommune Kujalleq
- Kommuneqarfik Sermersooq
- Qeqqata Kommunia
- Kommune Qeqertalik
- Avanaata Kommunia
Location | Where | Amount |
Residence of Greenland | Kommune Kujalleq | 44% |
Kommuneqarfik Sermersooq | 42% | |
Qeqqata Kommunia | 42% | |
Kommune Qeqertalik | 44% | |
Avannaata Kommunia | 44% | |
Residence outside of Greenland | Employees with no tax liability to Greenland in the previous 6 months: a flat rate regime in general without deductions and allowances | 35% |
Employer’s obligation | Payment of labour market contribution of gross salary | 1,1% |
Depreciation allowance
Type | Effect | Amount |
Buildings | Straight line | Up to 5% |
Ships and planes | Straight line | Up to 10% |
Operating equipment | Declining balance | Up to 30% |
Operating equipment | Acquisition costs below DKK 50,000 | Up to 100% |
Acquisition costs below DKK 100,000* | Up to 100% |
*Only applies to individuals receiving income from independent business activities.