Licensing and permits
Operating licenses are required for businesses in certain sectors; for example manufacturing or hospitality, and are granted on fulfillment of clearly defined rules. Details of regulations, monitoring and inspection agencies etc. vary from one sector to the next but generally speaking, as a member of the EEA, Iceland operates its regulatory environment on the same principles as the European Union.
It is necessary to check whether licenses and / or registrations are required for the business activity in question. Information and applications for operating permits are available on the websites of the relevant ministries, institutions and local governments. It is advised that you check as soon as possible whether licenses are required as it can take some time to obtain them and you may need to provide additional documents to prove the relevant qualifications necessary to grant the license. You will have to apply for an operating licence from the relevant organisation dependent upon the industry you will be starting your business in. You may even need to go to several different places to obtain permits.
Below is a brief overview of the most common organisations that issue operating licenses:
Directorate of customs |
Skatturinn |
Government Offices in Iceland |
Stjórnarraðið |
The Environment Agency of Iceland |
Umhverfisstofnun |
Icelandic Occupational Safety and Health Administration |
Vinnueftirlitið |
Ryekjavik Health Authority |
Heilbrigðiseftirlit Reykjavíkur |
Directorate of labour |
Vinnumálastofnun |
Icelandic Pension Funds Association |
Lífeyrismál |
Internal Revenue Directorate |
Skatturinn |
Ministry of Finance and Economic Affairs |
Skatturinn |
MAST – Icelandic Food and Veterinary Authority |
MASTMatvælastofnun |
MATIS |
MATÍS |