Law and Regulations

Exploitation of hydropower resources in Greenland is based on licencing procedures for prospecting or exploitation of hydropower in Greenland for the production of electricity.

Content

Hydropower

Large scale

The Large-Scale Projects Act of 2012 (unofficial translation) - See Danish version

Environment

EIM Process in Greenland

Public administration

Unofficial consolidation of the Greenland Parliament Act on public accesss to documents in administrative files - See Danish version
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
- See Danish version

Tax

Corporate and dividend tax

Type	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.