Business
Most business in Iceland tends to take place in the
capital, Reykjavik. Business meetings tend to be formal, with smart
dress essential. It is worth handing out business cards, and
initial greetings are usually accompanied by a handshake.
Punctuality should be respected. Meetings are usually conducted in
English when dealing with foreigners. It is worth noting that
Icelanders generally go by their first name, and telephone
directory listings are alphabetical by first name. Business hours
are usually from 8am to 4pm (summer) and 9am to 5pm (winter). Most
offices are closed on weekends.