Getting Started

U.S. Embassy Reykjavik is committed to supporting U.S. companies exporting or growing their exports to Iceland. In this section, you’ll find a quick description of Iceland as an export market and some suggestions for getting started.

Getting Started

  1. Visit the page on Iceland to get an overview of economic conditions and opportunities. Access the U.S. Commercial Service Market Research Library containing more than 100,000 industry and country-specific market reports, authored by our specialists working in overseas posts.
    • The library includes:
    • Country Commercial Guides (read latest “Doing Business In” guides)
    • Industry overviews
    • Market updates
    • Best markets
    • Industry/regional reports
  2. Contact your local U.S. Export Assistance Center for advice and support on exporting to Iceland. You can also find a trade specialist near you.
  3. Contact your local Small Business Development Center (SBDCs). Starting a business can be a challenge, but there is help for you in your area. Small Business Development Centers (SBDCs) are partnerships primarily between the government and colleges/universities. They are administered by the Small Business Administration and aim at giving educational services for small business owners and aspiring entrepreneurs.
  4. Contact in-country business support organizations such as the American-Icelandic Chamber of Commerce in Iceland.

Potential investors: Getting Started

If you are considering investment in Iceland, here are some steps you may wish to consider as you get started:

Current investors: Staying Connected

If you are a current U.S. investor in Iceland, the U.S Embassy wants to stay in touch. Here are a few steps you can take to keep the channels of communication open:

  • Add us to your mailing lists – we are always happy to stay informed
  • Subscribe to our embassy Facebook page or Twitter feed.
  • Set up a meeting with our economic or commercial team to discuss any issues that arise.

Business Visas

For information on obtaining a visa to visit Iceland, visit the website of the Embassy of Iceland in the U.S.

Make sure to check the current State Department travel advisory for Iceland


The Foreign Corrupt Practices Act (FCPA) is an important anti-corruption tool designed to discourage corrupt business practices in favor of free and fair markets. The FCPA prohibits promising, offering, giving or authorizing giving anything of value to a foreign government official where the purpose is to obtain or retain business. These prohibitions apply to U.S. persons, both individuals and companies, and companies that are listed on U.S. exchanges. The statute also requires companies publicly traded in the U.S. to keep accurate books and records and implement appropriate internal controls.

More information on the FCPA can be found here.

A party to a transaction seeking to know whether a proposed course of conduct would violate the FCPA can take advantage of the opinion procedure established by the statue. Within 30 days of receiving a description of a proposed course of conduct in writing, the Attorney General will provide the party with a written opinion on whether the proposed conduct would violate the FCPA. Not only do opinions provide the requesting party with a rebuttable presumption that the conduct does not violate the FCPA, but Department of Justice (DOJ) publishes past opinions which can provide guidance for other companies facing similar situations.

More information on the DOJ opinion procedure can be found here.