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Legal Forms of Companies

Einkahlutafelag is a Private Limited Company.

Number of partners: No minimum.
Capital (max/min): Minimum capital of  ISK 500 000.
Shareholders and liability: Liability is limited to the amount contributed.

Hlutafelag is a Public Limited company.

Number of partners: Minimum 2 partners.
Capital (max/min): Minimumcapital of ISK 4 million.
Shareholders and liability: Liability is limited to the amount contributed.

The Competent Organisation

The competent organization is the Company Registration.

Source: Doing Business, 2016