samlagsfyrirtæki
A samlagsfyrirtæki is a type of business entity commonly found in Iceland. The term translates loosely to "cooperative company" or "partnership company." These entities are characterized by their ownership structure, where the business is owned and controlled by its members, who are typically also its customers or employees. This model emphasizes collective benefit and democratic decision-making among the stakeholders.
The primary goal of a samlagsfyrirtæki is often to serve the needs of its members rather than
Examples of samlagsfyrirtæki in Iceland can be found in sectors like retail, agriculture, fishing, and services.