Shelf Companies in Iceland

Shelf companies are in demand for a number of reasons. They help speed up the process of starting new businesses and provide better access to business credit and loans. However, setting up, maintaining and purchasing shelf companies can often be confusing and requires careful advice. Iceland is ranked 13th in economic freedom, making it one of the best countries for starting a business. Swapp Agency can assist you with company formation in Iceland.

Shelf companies and jump starting businesses in Iceland

Shelf companies are companies that are founded and, after they are established and “aged”, are sold again. There are several reasons why you should buy a shelf company. It's a great way to create a startup company by buying an existing business instead of building it from scratch. This way, you can skip the tedious and time-consuming paperwork and get started on your business ideas as soon as you buy the company.

Iceland is a particularly optimal country in which to set up a business, whether with the intention of running it or making it obsolete and selling it to a potential buyer. Such business models benefit from jurisdictions with low taxes and regulations where businesses can flourish. Economic freedom is therefore one of the most important factors when it comes to deciding where to set up a new business. Iceland is the 13th most economically free country in the world and has climbed several places in the rankings over the last ten years. The country has a strong economy and its GDP is growing at a healthy rate, partly due to the lax economic regulations it enjoys.

With the right legal and commercial advice, we can guide you every step of the way in setting up your own business or buying a shelf company in Iceland so that you can enjoy the benefits of doing business in one of the most dynamic and modern economies in the world.

Shelf companies can be a good investment, but in order to distinguish reputable companies that will bring you the expected benefits from underperforming ones, a careful evaluation of each individual case is essential. Swapp Agency has expertise in finance, retail and many other markets in Iceland, as well as the necessary skills and experience you need to make an informed decision regarding potential business projects in Iceland. We can also provide you with legal advice on local legislation relating to business acquisitions.

Get in touch with Icelandic professionals

Contact Swapp Agency for comprehensive advice on shelf companies, including how to start a business and how to buy older companies. We are a leading group of experts in various fields. Our professional team will be happy to assist you throughout the process of company formation in Iceland. Swapp Agency can support you every step of the way.