Challenges come alongside the potential benefits, however. Payroll management is among those challenges, whether your company is considering moving employees abroad or hiring new staff in-country. Employment laws, payroll and income tax regulations are areas where you cannot afford mistakes.
Setting up a subsidiary in Iceland to run payroll is one option, but this involves a protracted process of registration, and poses many challenges – but at Bradford Jacobs, we have all the answers.
Our Professional Employer Organisation (PEO) and Employer of Record (EOR) services provide complete solutions to every issue your company will face before your planned move into the Icelandic Market. Our teams step in from the start, locating top-rated talent in Iceland then guiding you through such procedures and navigating the administration of the Icelandic payroll system for you.