Resource companies that operate in Greenland are subject to taxation under Greenlandic law. This means that companies must pay taxes on income generated from activities within the country’s borders. The tax jurisdiction encompasses both direct and indirect taxes, ensuring that all income derived from resource extraction and related activities is appropriately taxed.
Subcontractors operating in Greenland are also subject to Greenlandic tax obligations. This means that subcontractors who provide services or goods to resource companies within Greenland are required to pay taxes on the income earned from these activities.
This tax framework ensures that all businesses, whether primary operators, subcontractors or supporting entities, contribute to the Greenlandic economy through their tax obligations.