Registered parties who conduct passenger transport for commercial purposes need an operating license from the Icelandic Transport Authority

Rannís oversees the main competitive funds in the fields of research and innovation, education, and culture in Iceland, as well as EU cooperation programmes and Nordic programmes that provide grants for collaborative projects, studies, and training.

Personal tax credit is deducted from tax from paid wages and pensions. It is important to use it correctly and ensure that you are taxed in correct tax bracket.