Doing Business in Iceland
As a member of the 18-nation
European Economic Area (all EU states and three of the four EFTA states),
Iceland implements the same basic liberal business philosophy as the
European Union. Except in a few limited areas, all EU commercial legislation
and directives take effect in Iceland. Consequently, Iceland makes an ideal
springboard for tariff-free access to the major EU market area, as well as a
fully competitive location for EU companies to operate.
The "Cool" Iceland
Much of Iceland is still taking shape before your very eyes - raw, dramatic
landscapes born from volcanic eruptions and carved out by glaciers. Other
parts have hardly changed since the first Viking settlers saw them more than
1,100 years ago. You’ll experience wilderness and wildlife, energy and total
calm, within easy reach wherever you stay, even on day trips.
Iceland the Country
The first people believed to have settled in Iceland were Irish monks who
came in the eighth century AD. They left, however, upon the arrival of pagan
Norsemen, who came in 874 to seek freedom from Norway's oppressive king
Harald Fairhair. In 930 the Icelanders founded the Althing, their supreme
general assembly - the oldest parliament in the world. Christianity was
adopted in the year 1000. In 1262, Iceland became subject to Norwegian
control and in 1380 came under Danish control, along with Norway. After the
granting of a constitution (1874) and with an improving economy, Iceland, in
1918, finally became an independent sovereign state under a common king with
Denmark. The Republic of Iceland was formally declared on June 17, 1944.
Iceland Stock Exchange
While many European stock
exchanges can trace their history decades or even centuries back, the
Iceland Stock Exchange has just emerged from its adolescence. Established in
1985 as a joint venture of banks and brokerage firms at the initiative of
the Iceland Central Bank, ICEX has developed very quickly in recent years.
Foreign Embassies in
If you are planning a trip to Iceland and looking for general information
abour Iceland or want to know where you embassie is or if you have one in
Iceland. Here you can find a list of foreign embassies in Iceland.
911 in Iceland - Emergency assistance in Iceland
If you need police assistance, an ambulance, firefighters or other
emergency assistance in Iceland, call 112, which will give instant access to
the 24-hour emergency hotline, Neyđarlínan. 112 is also a coordinated
emergency phone number for most of Europe. The aim is that anywhere in this
area, people only have to remember a single emergency phone number to call,
thus assuring a faster and more effective response.
There are no Regional code prefixes in Iceland
There are no regional code prefixes in Iceland and all phone numbers are
seven digits. The country code is 354. When calling a number in another
country from Iceland, dial 00, then the country code. There are two
telephone directories (Símaskrá), one for Greater Reykjavík, the other for
the rest of the country, split into various geographical areas. Icelanders
are listed by their first name in the directory, not the last.
Travelling with Icelandair, Air Iceland, Islandsflug and other domestic
Iceland’s main airport, Keflavik International Airport, is located 50 kms
(31 miles) from Reykjavík, with good shuttle bus connections to the capital. From there, Icelandair has regular scheduled flights to major cities all
over Western Europe and the USA. Iceland Express also operates regular
flights between Iceland, London and Copenhagen, and there are some charter
flights as well.
Passport and Visa Regulations in Iceland
Are you travelling to Iceland, but not sure how the passport and visa
regulations are in Iceland?
Driving in Iceland
All European and US licences are valid in Iceland. Visitors from other
countries should check with their local motoring organisation.. Use of safty
belts for passangers, bot in the front and rear are mandatory. The
Headlights must always be on when driving, day or night. The usage of
celluar/GSM phones in banned when drinving, use hands free equipment.
The Icelandic President lives at Bessastadir