Doing Business in Iceland
On this page you will find general information about doing business in Iceland.
The business environment in Iceland is fast moving, focused and company friendly. It is not restricted by complex regulations nor burdened with a heavy system of taxation. For efficient infrastructure, expert services and smooth administration, Iceland meets the highest international standards.
Iceland ranks among the top countries in the world when it comes to the ease of establishing a business according to the World Bank
See these pages for a quick overview of the regulatory and financial frameworks or download the latest publication in pdf format
Information on registration of VAT and payroll, and the differences in registration and requirements depending on the type of company.
Information on incentives, support, grants and restrictions in Iceland, including capital restrictions.
General information on taxation on companies and individuals in Iceland, as well as other taxes, fees and depreciation.
Information on Icelandic workforce characteristics, and obligations regarding workforce such as contracts, wages and social security.
A company operating in Iceland must submit annual accounts that comply with rules and disclosures, per standard EU requirements. Here is some information on these rules, as well as a link to a list of certified accountants in Iceland.
Information on the process of constructing in Iceland, where Iceland has implemented the European Union directive on Environmental Impact Assesment (EIA). Here is information on the zoning process, regulations, and permits needed in Iceland.