NewsCase StudiesEvents

Legalities in Iceland

Iceland

Legalities in Iceland

Recent forum posts

 

  1. Finding a business partner in Europe.

    How do I find business partners in as many European countries as possible so that I can trade across Europe. I have no idea where I can make contact with people who would be interested. Does anyone have any contacts or ideas of where I should start?

    Total Posts: 4 Last post by sumitihomelen

  2. QUICK LOAN HERE NO COLLATERAL REQUIRED

    We offer all types of loans, sumitihomelend@gmail.com and our offer is from 2000 euros to 50 million. contact us now rate2%. (WhatsApp) number +918131851434 Mr. Damian Sumiti

    Total Posts: 1 Last post by sumitihomelen

Iceland Legalities

Business isn't as easy in some countries as it is here in the UK. You need to be aware of the cultural and legal implications of your business operations in Iceland, because you could face heavy punishment for transgressing.

It is therefore important to acclimatise yourself with the law in Iceland. There will be many legalities that you will have to adhere to, and you may even find that some laws you are familiar with here in the UK are no longer applicable. Likewise, you may find some new laws which strike you as strange or even oppressive.

Some of the areas to investigate are:

Labour Laws

The body of laws, administrative rulings, and precedents which oversees the legal rights of, and restrictions on, employees and their organisations in Iceland. This will include things such as minimum wage in Iceland, holiday and maternity entitlement, ergonomics, trade unions, disability, etc.

Commercial Laws

The body of laws which oversee business and commercial activity in Iceland. It may encompass such areas as principal and agent; freight and shipping; guarantee; marine, fire, life and accident insurance; bills of exchange and partnership; contracts; food and health regulations; safety laws; privacy rights; copyrights; trademarks; etc.

Civil / Common Law

The body of law that oversees society in Iceland. It is invariably culture specific. It is important to familiarise yourself with these laws, especially as you will be adopting a new environment and culture.

Click here to Ask an Expert about Legalities in Iceland

Organisations that can assist with Legalities

  • > Need Legal Advice?

    Legal help setting up or expanding you company overseas. Company structure, company law,property law

    More Details Visit Website
  • > Nominus.com

    When expanding your business to Iceland, don’t forget to protect your brand. We provide Trademark Registration Services in Iceland and in the entire European Union.

    More Details Visit Website

You are not logged in!

Please login or register to ask our experts a question.

Login now or register.