Leading agencies include EQ Business Solutions, Reiknistofa bankanna RB, Bókhald Accounting ehf, Meniga and Virtus. A total of 5 Business Services providers in Iceland are ready to help. They serve clients such as Finance, Individuals, Corporations, Various industries, Financial Services, Small Business Owners, Businesses of all sizes and Non-Profit Organizations. Local internet speeds average 295.55 Mbps, supporting fast development and collaboration. Average local salaries are around $90,055, reflecting market rates.
And chose the best one! It‘s free and takes only few minutes
Found 5 matching agencies
Meniga provides personalised digital banking solutions to help banks reach their targets and customers lead better financial lives. With its expertise in executing digital banking change, Meniga helps banks improve customer experience and increase operational efficiency. The company's sole purpose is to ensure that banks achieve their goals while empowering their customers with better financial management tools. Meniga offers business services, web design (UI/UX), and advertising solutions to support digital transformation. These services enable banks to innovate and stay competitive in the market. By partnering with Meniga, banks can enhance their online presence and attract more customers. In turn, customers benefit from improved banking experiences, increased financial literacy, and better access to financial resources.
team of 26 - 50 people
15+ years of industry experience
contact for pricing
contact for pricing
VIRTUS provides comprehensive financial services, including tax consulting, accounting, and bookkeeping. The company helps clients optimize their finances, reduce taxes, and achieve their business goals. With expertise in various industries, VIRTUS offers tailored solutions to meet the unique needs of each client. From individual tax planning to corporate finance management, VIRTUS is dedicated to providing exceptional financial services. By leveraging its extensive knowledge and experience, VIRTUS enables clients to make informed decisions and achieve long-term financial success.
team of 2 - 10 people
20+ years of industry experience
contact for pricing
contact for pricing
Reiknistofa bankanna RB is a leading financial institution in Iceland, providing a wide range of services to individuals and businesses. With over 40 years of experience, the company has established itself as a trusted partner for all types of financial transactions. E-commerce development and business services are just a few areas where Reiknistofa excels. Its innovative approach to finance makes it easy for people to manage their daily lives without worrying about complex financial matters. The company's expertise in online payments, digital banking, and mobile commerce solutions has made it a preferred choice for many clients.
team of 26 - 50 people
50+ years of industry experience
contact for pricing
contact for pricing
EQ Business Solutions provides expert financial guidance, ensuring secure growth and stability for businesses of all sizes. Their services include IT Services & Consulting, Business Services, and Market Research. By leveraging advanced technology, such as accounting software and data analytics tools, EQ Business Solutions helps clients optimize their operations and make informed decisions. With a focus on reliability and transparency, they provide personalized support to ensure clients achieve their goals. From financial planning to budgeting and forecasting, EQ Business Solutions offers a comprehensive range of services tailored to meet the unique needs of each business. By partnering with EQ, businesses can boost productivity, reduce risks, and drive long-term success.
team of 2 - 10 people
7 years of industry experience
contact for pricing
contact for pricing
Bókhald Accounting ehf specializes in providing expert accounting services for businesses of all sizes. With years of experience, they offer a range of services including financial management, tax preparation, and audit services. Their team provides personalized attention to each client, ensuring that their unique needs are met. By outsourcing their accounting needs, businesses can free up time to focus on growth and development. Bókhald Accounting ehf's services include financial statement preparation, budgeting, and cash flow management. They also provide guidance on tax laws and regulations, helping businesses navigate complex tax scenarios. With a focus on precision and attention to detail, Bókhald Accounting ehf is the trusted partner for businesses seeking expert accounting solutions.
team of 2 - 10 people
5 years of industry experience
contact for pricing
contact for pricing
Tell us about your project and get matched with top-rated agencies. It’s fast, free, and backed by expert insight.
Post your project — free & easyThe digital agency industry in Iceland has experienced notable growth in recent years, driven by the country's strong emphasis on innovation, digital infrastructure, and tech-savvy population. Iceland boasts one of the highest internet penetration rates globally, with around 99% of its population actively online, providing a solid foundation for digital agencies to flourish.
The Icelandic digital marketing and advertising sector has expanded steadily, reflecting broader European trends. According to Statistics Iceland, digital advertising spending accounted for over 60% of total advertising expenditure in 2022, marking a clear shift from traditional media to digital platforms. Additionally, the rise of mobile device usage—with approximately 95% of Icelanders owning smartphones—has pushed agencies to prioritize mobile-first strategies.
A notable trend in the Icelandic market is the growing demand for specialized digital services, such as UX/UI design, SEO, content marketing, and video production. This specialization has led to the emergence of boutique agencies focused on niche markets.
Despite steady growth, digital agencies in Iceland face several challenges, including a relatively small domestic market and intense competition for skilled professionals. The limited talent pool in specialized areas like data analytics, software development, and digital strategy is a significant constraint. Furthermore, economic fluctuations and currency volatility occasionally create budget uncertainties for both agencies and their clients.
Nevertheless, the Icelandic market presents considerable opportunities:
Overall, Iceland's digital agency ecosystem continues to mature, driven by innovation, digital adoption, and a supportive business environment that fosters growth and international potential.
Business services encompass specialized functions that support companies in their day-to-day operations, strategic planning, and overall growth. These services include consulting, accounting, marketing, logistics, IT support, and HR management. By outsourcing these critical tasks to expert providers, businesses can improve efficiency, reduce costs, and strengthen their competitive advantage.
The business services sector is rapidly evolving, driven by digital transformation, globalization, and changing market dynamics. Providers increasingly rely on advanced technologies such as cloud computing, artificial intelligence (AI), data analytics, and customer relationship management (CRM) software to deliver personalized and scalable solutions. According to a report by Grand View Research, the global business process outsourcing market is projected to reach USD 525 billion by 2030, highlighting the growing demand for specialized external providers.
Hiring a business service provider offers several advantages, including cost savings, enhanced expertise, and increased flexibility. However, choosing the wrong partner can lead to communication gaps, quality issues, or hidden costs. To avoid these pitfalls, clearly outline expectations, verify references, and ensure the provider aligns with your company’s culture and goals.
Typical business service projects vary significantly in length, from short-term engagements lasting a few weeks to comprehensive transformations spanning several months or even years. The duration depends heavily on project scope, complexity, and your organization's specific needs.
Explore top locations where agencies offer Business Services
HeroAgencies helps you connect with the best experts in each domain.