Iceland

Company Formation in Iceland

Company formation and entity choice in Iceland for tax year 2026, from Act 138/1994 on private limited companies, Act 2/1995 on public limited companies, Act 50/2007 on partnerships, Act 3/2006 on annual accounts, Act 88/1991 on state fees and the Income Tax Act 90/2003 (althingi.is text 158a), and Skatturinn's company register pages and 2026 fee list. Covers the ehf. (minimum capital ISK 500,000, fully paid before registration, one founder allowed), the hf. (ISK 4,000,000, two founders, board of three), partnerships and sole traders, the board residence rule, registration documents, deadlines and fees (ehf. ISK 140,500), annual accounts filing, the audit exemption and the 2026 company return deadlines (31 May, extension to 21 September). Use for 'set up a company in Iceland', 'ehf vs hf', 'Iceland company registration fee'. Out of scope: company tax computation (is-corporate-income-tax), owner salary vs dividend planning (iceland-tax-optimization), VAT registration (iceland-vat), payroll (iceland-payroll).