Copenhagen is ranked the number one city to conduct business in among 40 Western European cities in the Explore Report 2017. Copenhagen receives praise for its excellent labour profile and quality of life.

Copenhagen, known as “the happiest place on Earth”, is ranked number one both internationally and regionally within Western Europe in the recent Explore Report 2017 by Hickey & Associates.

Copenhagen’s strength is its business climate where conducting business is uncomplicated and corporate income taxes are low. Major industries include sciences, retail, telecommunications, and financial services.

The city invests a lot in education, making it one of the most educated labour forces in Western Europe. A high percentage of the population is educated at the University level. However, wages and per capita income are some of the highest in Western Europe.

Though other Western European cities maintain higher quality infrastructure, Copenhagen is the transportation hub of Northern Europe, linking major cities and countries to one another via rail and a well-maintained network of highways.

Quality of life in Copenhagen is very high and residents enjoy reasonably good weather, low crime, and high disposable income. The excellent socio-political environment is supported by sound policy and stability. Poverty and personal income taxes are low, while investment in healthcare and education is funded at generous but sustainable levels.

Source: www.copenhagencvb.com
Photo: T. Hjamo/VisitDenmark.com