Work in Libya for a corporation based in Iceland

Can I work remotely for a company in Iceland while being in Libya?

It is usually doable, but we recommand to check the following key points first:

1. The company has to be registered in Iceland.
2. The company has to be registered with the Ministry of Justice in Iceland.
3. The company has to have an office in Iceland.
4. The company has to have a bank account in Iceland.
5. The company has to have a bank account in Libya.

How to live in Libya and find remote work in Iceland?

Finding remote work in Iceland if you are located in Libya might be difficult, therefore we recommend you to move to Iceland and work remotely. In this article, we will show you how to live in Libya and find remote work in Iceland.

If you are interested in living in Libya and find remote work in Iceland, then you are in the right place. We are living in Libya and we are working remotely in Iceland.

We are living in Libya and we are working remotely in Iceland

We have been living in Libya for a few years now. We have been working remotely in Iceland for more than a year.
We moved to Libya in 2013.
We started working remotely in Iceland in October 2017.

How to live in Libya and find remote work in Iceland?
If you are looking for remote work in Iceland, then you can apply for a job on Upwork.
We found a remote job on Upwork in Iceland.

How a company in Iceland can send my salary in Libya?

When working remotely for a corporation in Iceland, you salary can be send to Libya but it is not possible to get a salary in Libya. The only way to get a salary is to live in Libya.

This is a problem for many people who want to work in Iceland but live in other countries. But there is a solution, a company in Iceland called “Icelandic Internet” which is a company that sends salaries to people in other countries. They can send your salary to Libya but you can’t get it.
I will show you how to do it.
Steps to send your salary to Libya

1. Go to Icelandic Internet
   Go to Icelandic Internet and you will see a page like this:
2. Add your bank account
   Add your bank account to Icelandic Internet and click on the button “Add bank account”.
3. Add your salary
   Add your salary to Icelandic Internet and click on the button “Add salary”.
4. Choose the amount
   Choose the amount you want to send to Libya and click on the button “Send”.
5. Confirm
   You will receive a confirmation email with a link to confirm the transaction. Click on the link and confirm the transaction.
6. Wait
   Wait for the money to be sent to your bank account.
7. You are done

Where to pay my taxes when working remotely in Libya for a company in Iceland?

If you are working remotely in Libya for a corporation established in Iceland, taxes could seem complicated but in fact , it’s quite simple. In this article, we’ll take a look at how to pay taxes when working remotely in Libya for a company in Iceland.

Why pay taxes when working remotely in Libya for a company in Iceland?
If you’re working remotely in Libya for a company in Iceland, you may wonder why you should pay taxes.
In most countries, it’s mandatory to pay taxes.
In Iceland, it’s mandatory to pay taxes if you earn more than ISK 4,000,000 (€ 33,000) per year.
If you earn less than that amount, you don’t need to pay taxes.
The tax you pay depends on the type of income you have and the tax rate in Iceland.
The tax rate in Iceland is currently 5.5% (4.5% for those who are self-employed).
You can read more about the Icelandic tax rate here.
If you work remotely in Libya for a company in Iceland, you’re going to have to pay taxes.

Why?
Because you’re working in a foreign country, and you’re not living there.
It’s the same as if you were living in Iceland but working in Libya.
In that case, you’d have to pay taxes in Iceland.