Iceland Company Formation

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Company Formation and Related Services



Buying a European shelf company with VAT number

Whenever you need to start doing business immediately in a European country and you need a company with a VAT number, you don’t have to wait for the bureaucratic procedures.

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Partner Law Firms

We encourage you to contact our partner law firms in Bucharest: Rolegal and E&C, both part of our legal network.

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Tax Minimization Structures

BridgeWest is specialized in special corporate structures designed for tax minimization. No matter where you want to incorporate your company, you will need to consider how you can legally minimize costs.

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Accounting Firm Iceland


BridgeWest provides accounting services in Iceland through our affiliates in Iceland’s main cities. Our main areas of expertise include the following:

Accountancy & Book keeping in Iceland
-    Maintaining your Iceland Company’s accounts
-    Reviewing Accounts;
-    Filing of accounts with the Tax Authorities in Iceland
-    Payroll Administration;
-    VAT Registration in Iceland and VAT Filings.

Establishment of a Business in Iceland
Company Formation in Iceland and related services: opening of bank accounts, providing a registered office, initial advice regarding best company type to be incorporated in Iceland, shareholder structure etc.

Advice Related to the taxation of Individuals and Corporate Entities
Our Iceland accountants are able to review your request and provide an integrated and efficient solution regarding taxation in the country.

Payroll Support in Iceland
Our service includes: processing payrolls for Iceland employees, Completion of statutory forms, including year end returns, to issue to your employees and submit to the National Revenue Agency, review and monitoring of staff costs. Our Iceland accountants complete assistance related to payroll in Iceland.

Partners: Company Registration Luxembourg, Company Registration Poland, Company Registration Netherlands

Articles on Accounting in Iceland

Paying Taxes in Iceland

1. What is the corporate tax in Iceland? The corporate tax in Iceland is differentiated according to the type of company. This way, the corporate tax rate for a limited liability company in Iceland is 20%, while the partnerships have to pay a 36% corporate tax rate.   2. What is the ...

VAT in Iceland

1. What is the VAT in Iceland? VAT in Iceland is calculated at the standard rate of 25.5% for almost all types of assets and services. There is however a reduced VAT rate of 7% that applies in certain cases. Food, accommodation, books, newspapers, as well as hot water, electricity and domestic heati ...

Meet us in Reykjavik

Call us now at +44 203 287 0408 to set up an appointment with our lawyers in Reykjavik, Iceland. Alternatively you can incorporate your company without traveling to Iceland.

As a BridgeWest client, you will beneficiate from the joint expertize of local lawyers and international consultants. Together we will be able to offer you the specialized help you require for your business start-up in Iceland.