The minimum capital is 8 456 USD (1 150 000 ISK) for the first vehicle and 4 706 USD (640 000 ISK) for every other vehicle after the first one. For public limited companies, the minimum capital is 29 413 USD (4 million ISK) and for private limited companies it is 3 677 USD (500 000 ISK).USD values as of 4.8.2020.