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Expand your global workforce in IsIceland

Iceland.jpg

Population

376,248

Languages

1.

Icelandic

Country Capital

Reykjavík

Currency

Icelandic króna (ISK)

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Employer of Record in Iceland.

G-P’s Employer of Record (EOR) model allows your company to start hiring talent in minutes via our global entity infrastructure. Unlike a Professional Employer Organization (PEO), G-P allows your company to expand your global footprint without the hassle of entity setup and management.

12Holidays per year
40hours per weekWorking hours per day or month

Compensation & Benefits in Iceland.

When expanding to a new country, companies will often face unfamiliar requirements that may make compliance challenging. Here are a few useful tips to help you navigate the intricacies of benefits and compensation in Iceland.

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Payroll in Iceland.

Payroll management comes with various challenges, including unique tax laws, processing methods, and termination policies. When you grow your company into Iceland, you’ll have to navigate these areas to remain compliant and ensure employees get the paychecks they deserve.

Hiring in IsIceland.

Scaling your company in Iceland will require a skilled workforce to help you find success. This process requires an established recruitment strategy and an understanding of in-country employment laws to ensure compliant hiring practices.

At G-P, our goal is to make hiring and recruiting employees in Iceland easy so you can focus on other aspects of your company’s growth journey.

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Iceland Subsidiary.

Expanding to a new country is an exciting time for companies, but it may involve establishing a subsidiary. The process can be challenging, but with the proper preparation and expertise, it can offer many advantages.

Work visas & permits in IcelandTypes of work visasRequirements to obtain a visaApplication processImportant considerations

Iceland Visas & Permits.

Are you planning to grow your company in Iceland? Leveraging the local talent pool can be key to supporting your expansion goals. Additionally, you may want to relocate current team members to help scale your operations in Iceland. Either way, you’ll need to ensure all workers have the correct documentation to legally work in the country.

Disclaimer

THIS CONTENT IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE LEGAL OR TAX ADVICE. You should always consult with and rely on your own legal and/or tax advisor(s). G-P does not provide legal or tax advice. The information is general and not tailored to a specific company or workforce and does not reflect G-P’s product delivery in any given jurisdiction. G-P makes no representations or warranties concerning the accuracy, completeness, or timeliness of this information and shall have no liability arising out of or in connection with it, including any loss caused by use of, or reliance on, the information.

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