Message from the Chief Financial Officer
Approach to tax
Special topics
Our tax data
Greenland
0 Employees
Third-Party Revenues
$0
Related-party revenues
$63,637
Total Revenues
$63,637
Profit Before Tax
$(317,560)
Tax Paid
$0
Tax Accrued
$0
Tangible Assets
$0
Stated Capital
$578,629
Accumulated Earnings
$(158,694,463)
Main Business Activities
- Upstream and Integrated Gas
Shell has been present in Greenland since 2011. In December 2013, a consortium including Shell Greenland A/S was awarded exploration licences in the Greenland Sea. The company held a 29.17% interest in these licences, which were operated by Chevron. The licences were surrendered with effect from December 31, 2017.
Country Financial Analysis
Due to minimal activities in 2018, the company incurred a loss and therefore no tax was due.
