Taipei is 8 hours ahead of Reykjavik
Best overlap: 8:00 AM to 10:00 AM in Reykjavik is 4:00 PM to 6:00 PM in Taipei.
8:00 AM to 10:00 AM in Reykjavik is when Taipei is also working, at 4:00 PM to 6:00 PM their time. There's roughly 2 hours to share, so keep agendas lean and meet at 8:00 AM in Reykjavik (4:00 PM in Taipei) to use every minute.