Business Development
in Iceland
Eykol provides Corporate Finance and Business Development services in Iceland.We work closely with specialists in accounting, M&A advisory, corporate counselling and business intelligence to tailor solutions to our customers.Let us know what kind of services you are looking for and we will give you a comprehensive proposal and quotes within 48 hours.
Featured Articles
Doing Business in Iceland
On a relative basis, the Icelandic economy is tiny. With a total population of fewer than 400 thousand people, the size of the Icelandic economy is similar to that of Boulder, Colorado ($23 billion).Irrespective of its size, there are various reasons that might prompt an investor to want exposure to the Icelandic economy. These include, but are not limited to the following:
A relatively young and growing demographic (no inverted pyramid).
A uniquely green energy industry comprised almost entirely of renewable energy sources.
A healthy economy with a relatively low debt to GDP ratio.
Thriving industries in Data Centers, Tourism, Fishing and Energy.
Business Etiquette and Culture
The business culture in Iceland is easygoing and does not rely on strict customs. In most cases, directness is appreciated and getting things done can be relatively easy.
Cost of doing business
Iceland is a relatively expensive country, as salaries are quite high and costs of various goods. Nonetheless, energy is comparatively cheap in Iceland, even though it comes almost exclusively from sustainable sources.
Ease of doing business
In 2020 Iceland ranked 26th on the Ease of Doing Business Index (out of 190 countries). Iceland scores particularly high in the following ranking factors:
Starting a business
Getting electricity
Registering a property
Trading across borders
Paying taxes
Starting a business or a branch
Setting up a limited liability company in Iceland is relatively easy and cheap. The registration fee for a new public limited company (hf.) is approximate ISK 256,000 and ISK 130,500 for a new private limited company (ehf.).
Investing in Iceland
Iceland has a relatively beneficial capital gains tax structure for companies and there are a number of progressive incentive programs for R&D spending.
Looking to do business in Iceland?
Corporate Finance and Business Development services in Iceland
The following is a list of services and companies that perform corporate finance services in Iceland:
Accounting Services and Tax Consulting
Legal Services
Financing and banking
Asset Management Services
M&A Advisory Services
SME Business Brokerage
Not sure who to talk to yet?
Owner Operators in Iceland
This is a list of small-cap stocks listed in Iceland where the management of the company is also a significant owner.
| Ticker | Name | Parent | Link |
|---|---|---|---|
| Neuromancer | William Gibson | 1984 | 0-441-56956-0 |
| Snow Crash | Neal Stephenson | 1992 | 0-553-08853-X |
| Software | Rudy Rucker | 1982 | 0-441-77408-3 |
Shareholder Activism in Iceland
This is a list of companies publicly listed in Iceland, that have been subject to shareholder activism.
| Ticker | Name | Parent | Link |
|---|---|---|---|
| Neuromancer | William Gibson | 1984 | 0-441-56956-0 |
| Snow Crash | Neal Stephenson | 1992 | 0-553-08853-X |
| Software | Rudy Rucker | 1982 | 0-441-77408-3 |
Get in touch
We assist foreign entities with business development and corporate finance in Iceland. And if we are not able to help, we will do our best to get you in touch with the appropriate local expert.