| Annon Iceland Company Limited | Private company limited by shares | Live |
| ICELAND ARCTIC TRAVEL GROUP (HONGKONG) LIMITED | | Live |
| Iceland biopharmaceutical Group Co., Limited | Private company limited by shares | Live |
| China Iceland Laozhai Tea Limited | | Live |
| ICELAND CO., LIMITED | Private company limited by shares | Dissolved |
| ICELAND SY COSMETICS CO., LIMITED | Private company limited by shares | Live |
| ICELAND TEA INTERNATIONAL CO., LIMITED | Private company limited by shares | Live |
| ICELAND ENTERPRISES LIMITED | Private company limited by shares | Dissolved |
| ICELAND GLOBAL CO., LIMITED | Private company limited by shares | Live |
| China Iceland Gong Xiao She Limited | | Live |
| ICELAND GROUP ENTERPRISE LIMITED | Private company limited by shares | Live |
| FRENCH ICELAND (HONG KONG) CLOTHING COMPANY LIMITED | Private company limited by shares | Dissolved |
| ICELAND NEON STUDIO CO., LIMITED | Private company limited by shares | Live |
| Orka Iceland Limited | Private company limited by shares | Live |
| Pure Iceland Limited | Private company limited by shares | Live |
| ICELAND LOCAL TRAVEL (HONGKONG) LIMITED | | Live |
| ICELAND GROUP OF WAIKIKI, LIMITED | Private company limited by shares | Live |
| ICELANDIC TRADING LIMITED | Private company limited by shares | Dissolved |