Faroes restructures salmon tax, releasing companies from value-added restrictions

The new structure will help remove some of the previous system's unpredictability and free up the country's producers to reinvest in value-added salmon production.

Bakkafrost CEO Regin Jacobsen (left) and Chairman Runi Hansen.
Bakkafrost CEO Regin Jacobsen (left) and Chairman Runi Hansen.Photo: Anders Furuset
Published 9 January 2025, 05:19Updated 9 January 2025, 10:20
Faroe IslandsBakkafrostMowiHiddenfjordTax