Finance

Bookkeeping in Iceland

Bookkeeping is an essential part of any business, big or small. Recording every expense incurred in the course of the business becomes important. The frequency and volume of bookkeeping can vary based on the size of the organization and how often it incurs any financial transaction. You can avail of the services for bookkeeping in Iceland as part of an

Continue reading

Angel Investing in Iceland

You may not have heard a lot about angel investors from Iceland. One reason could be they have not been written about in international financial magazines or other media. There does exist an angel investor’s community in Iceland and many entrepreneurs are benefiting from their investments in their startups. For the uninitiated, angel investors are individuals who are willing to

Continue reading

Accounting in Iceland

Iceland has adopted the regulations stipulated in the European IAS/IFRS for reporting purposes. Iceland is a member of the European Economic Area (EEA). These Internal Audit Services (IAS) and International Financial Reporting Services (IFRS) regulations are meant to streamline the way businesses report their financials. Every organized economy must have these sets of rules and formats in place to ensure

Continue reading

Economy in Iceland

Iceland is unique country, with unique characteristics that separate it from the rest. Its society and economy reflect that. First of all, Iceland has a mixed economy with high levels of free trade and government intervention. In addition, it is one of the few countries located in Europe that is not part of the European Union. Hence, Iceland has its

Continue reading

Icelandic stock market

It is known that the Icelandic stock market suffered a great deal in the crisis of 2008. After having reached its peak of 3495, the OMX Iceland All-Shares Index collapsed to its bottom at 167 on April 8, 2009, a fall of 95.2% from top to bottom. Since then, the market has steadily recovered and the index currently stands at

Continue reading

Banks in Iceland – Their novel approaches

The banking sector of Iceland has been widely studied throughout the last decades. Unlike the rest of the world, after the last financial crisis of 2008, Icelandic banks were not bailed out by the state or any other public entity. In that time, banks were 10 times the GDP of Iceland and 20 times the state budget. They were just

Continue reading

Icelandic currency

Iceland is one of the few countries located in Europe that is not part of the European Union. Moreover, Iceland it has its own central bank and currency, the Icelandic Króna. This uniqueness brings Iceland the advantages and disadvantages of having its own monetary policy. For example, while the country is capable of devaluing the Icelandic currency to gain competitivity,

Continue reading

Bitcoin in Iceland – Mining, trading and the future

Iceland – A Bitcoin Miner’s Dream Although Iceland is an incredibly beautiful country, it has also faced ugly times. In 2008 it was completely shatter by a financial crisis that almost completely crippled the economy. Despite the devastating effects of the crisis, efforts by the government narrowly avoided bankruptcy. Nearly every resident was affected by this situation and in the

Continue reading

Iceland financial market

Why You Should Invest in Iceland Financial Markets and a Brief History Iceland has not always been associated with economic prosperity; in fact, it’s been quite the opposite for many years. Iceland’s economy successfully survived a sovereign bankruptcy as well as a government collapse. Despite these economic pitfalls, a rebound fueled by extensive tourism could be stimulating the economy once

Continue reading

Buy Property in Iceland

Buy property in Iceland The beautiful island nation of Iceland is so enchanting that you end up wanting to stay. You may have a number of questions such as how do you purchase property in Iceland? Can foreigners buy property in Iceland? And so much more. The prospect of purchasing property in a foreign country may seem intimidating, but there

Continue reading

ABOUT SWAPP AGENCY

Swapp Agency is an innovative recruitment firm in Reykjavik that focuses on helping people find jobs and companies to fill their openings in Iceland.

Swapp offers a range of services to their clients in operational support.

Recent Posts

Contact us

Vinnuskipti ehf
Höfðabakki 9, Reykjavik / Iceland

info@swappagency.com
Job@swappagency.com
Phone: 00354 – 5195570

Kennitala: 6206171800
Vasknúmer: 128557