Advice
We offer tax and business consultancy to individuals and companies, as we are specialists in business operations.
Services
- General management consultancy
- Taxation advice
- International tax advice
- Business planning
- Projecting future financial flows
- Financial calculations
- International business consultancy
- Other specialist work
Establishing a business
Most companies in Iceland are private limited companies, due to the simplicity and tax efficiency of this structure. In Iceland, the tax environment for companies and organizations can change a great deal in a short time. When deciding on the form of your company, you should look at the longer-term business scope and objectives.
Common forms of association
- Sole proprietorship
- Private limited (ehf.)
- Limited liability companies (hf.)
- Cooperatives (svf.)
- Syndicates (slf.)
- General partnerships (sf.)
- Organizations
As part of our service, we establish your business in the selected form of association and also apply for your VAT number and/or put the company into the employer’s files, if necessary.
Financial management
Services
- Management of company accounts
- Maintain requirements for online banking with existing accounts
- Printing bills
- Hosting of accounting
- Preparing financial statements and tax returns
- Payroll processing and VAT
- Review/oversight access to company bank accounts
- Other work related to the company
“Here, we provide comprehensive accounting and financial processes for the entire operation.”
