Our services
Bookkeeping services on your terms
Our bookkeeping services let you focus on running your business while we keep your accounts in line with laws and regulations. We serve individuals, homeowners' associations and companies of all sizes across Iceland, and use cloud solutions and automation to deliver efficient bookkeeping.
We assess your needs and advise you on the best service.
Cloud solutions let you share documents from any smart device. We offer clear instructions and help with setting up accounting systems and connecting your accounting logins.
We communicate on your terms – by video call, email or in person.
Bookkeeping
- We keep double-entry books.
- We remind you of filing deadlines and document submissions in good time.
- We keep supporting documents electronically – though you are welcome to bring them in on paper.
Invoicing
- We send invoices both as PDF by email and in electronic XML format.
- We create payment requests in online banking.
Tax returns
- Simple tax returns for individuals, or for married or cohabiting couples.
- Tax returns for business operators.
Payroll and reiknað endurgjald (calculated remuneration for owner-managers)
- Payroll processing.
- Electronic filing of withholding tax and contributions on income.
VAT (VSK) returns
- We remind you when a return is due.
- We file your VAT return electronically.
Dealing with RSK (Iceland Revenue and Customs) and filings
- We help you answer queries from RSK.
- We submit applications and changes to registrations.
- Any other dealings with the tax authority.
Double taxation agreements between countries
- Do you work abroad but live in Iceland? We help you put all the paperwork in order to prevent double taxation.
- If you have already been taxed twice, we can help get it corrected.
Important: Contact us straight away if you have been taxed twice.
Company formation
- We help you fill in all the required forms.
- We submit the documents and handle dealings with RSK.
Advisory
- Advice of all kinds on bookkeeping and running a business.