Forming a company

Setting up a company in the Faroe Islands only takes a few days. Before you decide to form a company, it is advisable to consider what type of business organisation suits with your business activities and desired direction.

The most common forms are the public limited company (P/f) and the private limited company (Sp/f). The former is considered most suitable for larger companies, while the latter is seen as most suitable for smaller companies.

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