Types of Business Entity - Iceland

Iceland

Name Type Notes
ehf. (einkahlutafélag) ≈ Ltd. (UK)
  • Minimum capital: ISK 500,000 (£2,750; €3,260; $4,250).
  • Minimum shareholders: 1.
einstaklingsfyrirtæki sole proprietorship
hf. (hlutafélag) ≈ plc (UK)
  • Minimum capital: ISK 4,000,000 (£22,000; €26,100; $34,000).
  • Minimum shareholders: 2.
ohf. (opinbert hlutafélag) government-owned corporation
samlagsfélag ≈ limited partnership
samvinnufélag cooperative
sf. (sameignarfélag) ≈ general partnership
ses. (sjálfseignarstofnun) non-profit organization
  • Minimum capital: ISK 1,000,000 (£5,500; €6,520; $8,500).

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