Maksym Stepanenko
Managing Partner, Crystal Tax
International client projects since 2012: company structures, tax, immigration, DUNS and NCAGE. 50+ jurisdictions.
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Company Registration in Iceland
Iceland is the northernmost state in Europe, occupying the eponymous island in the North Atlantic. The country's area is 103,125 square km. Despite having the smallest population in all of Europe, Iceland's infrastructure is highly developed, thanks to tourism. After all, the island can only be reached by plane or boat. If you wish to open your own company in Iceland, we recommend relying on the specialists from our company. They will help you do everything quickly and professionally.
Company Registration in Iceland: Advantages
The main advantages of registering establishments in Iceland include:
- Government support for business development and modernization;
- Low tax rates;
- High level of technological development;
- Developed infrastructure;
- Maximum GDP;
- Ability to obtain dual citizenship.
Registering a Company in Iceland: Choosing Ownership Form
Registration of companies in Iceland is done step by step, including the choice of ownership form. Here, you can open:
- Private limited company;
- Public limited company;
- International trading company.
Organizations are opened on the territory of Iceland exclusively for trade or investment activities. Each type of company has specific requirements. You can learn more about them from our representative. Contacts are provided on the website.
Opening a Company in Iceland: Taxation
Deciding to open a company in Iceland, it is worth studying the issue of taxation. The minimum corporate income tax rate is 20% for legal entities. The capital gains tax is at the standard rate.
For limited liability companies, the tax rate is 18%.
Payment of corporate income tax is made monthly on the first days, excluding January and July. In other words, there are 10 contributions.
Opening a Company in Iceland: Features of Obtaining Citizenship
All methods of obtaining legal status are fixed in the "On Icelandic Citizenship" law. It is possible to become a citizen of Iceland by birthright, through naturalization, or by declaration. To obtain status, a foreigner must meet the residency requirement for 4-7 years.
Obtaining a passport through investment on the country's territory is impossible.
Our Advantages
Establishing a company in Iceland should be done professionally. For this, you will need the help of professional specialists.
Our company's employees have extensive experience in the field. They know all the intricacies of the process, possible problems, etc. This allows them to handle tasks of any complexity.
Main advantages of working with us:
- Reliability;
- Efficiency;
- Individual approach;
- Reasonable service cost.
Do you want to open a company in Iceland and learn more? Leave a request on the website. A manager will contact you to clarify the details of cooperation.
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Frequently asked questions
✅ What are the tax rates for companies in Iceland?❓
✅ What are the advantages of registering a company in Iceland?❓
✅ What opportunities are provided for obtaining Icelandic citizenship through business?❓
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Our advantages
Corporate structuring, company registration in Ukraine and abroad, tax and reporting, migration, bank accounts, DUNS and NCAGE codes. We run the whole project, from choosing the solution to the finished documents.
Confidentiality terms are set out in our contract. We do not pass information about a client or their project to third parties, except where the law expressly requires it.
We compare jurisdictions against your business task: tax regime, reporting, substance requirements and access to banking. On the call we go through the upsides and the limits of each option.
We name the timeline for every step before the work starts — it depends on the jurisdiction, the registrar and the bank. Personal data is used only to deliver the service.
We handle the correspondence with registrars, government bodies and banks and answer their requests ourselves. From you we need documents and signatures.
We take each case to the finish: if an authority or registrar comes back with remarks, we revise the documents at no extra charge. The fee is calculated for your task before work starts.