Iceland flag Iceland: Operating a Business in Iceland

Starting a business in Iceland

Legal Forms of Companies

Einkahlutafelag is a Private Limited Company.
Number of partners: No minimum.
Capital (max/min): Minimum capital of  ISK 500 000.
Shareholders and liability: Liability is limited to the amount contributed.
Hlutafelag is a Public Limited company.
Number of partners: Minimum 2 partners.
Capital (max/min): Minimumcapital of ISK 4 million.
Shareholders and liability: Liability is limited to the amount contributed.
The Competent Organisation
The competent organization is the Company Registration.
 
Setting Up a Company Iceland OECD
Procedures (number) 5.0 5.2
Time (days) 11.5 9.5

Source: Doing Business, 2016

 
Business Setup Procedures
Consult Doing Business Website, to know about procedures to start a Business in Iceland.
Statistics Iceland

Find out more about Operating a Business in Iceland on GlobalTrade.net, the Directory for International Trade Service Providers.

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Latest Update: April 2022

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