IS Value added tax

Invoicing in Iceland

A business registered in Iceland charges VAT at a standard rate of ⁨24%⁩, invoices in ⁨ISK⁩, and issues documents under names and numbering rules that are specific to Iceland. DocsOrigin carries all of that as registry data, so choosing Iceland once configures the tax, the document set, the numbering and the layout together.

Invoicing in Iceland is free forever with DocsOrigin: every document type, every export, no card and no trial.

Tax in Iceland

VAT 24%
Reduced and zero rates 11% 0%

How reliable is this figure

Graded high: this rate has been checked against a tax-authority or official source. It is still your responsibility to confirm it before you rely on it.

Whatever the grade, your own setting always wins — a rate you enter overrides the registry everywhere, including on documents already dated in the past.

Document types recognised in Iceland

These are the documents DocsOrigin will offer a business registered in Iceland, under the names used there. A type that has no meaning locally is not offered at all.

پیش‌فاکتور

پیشنهاد قیمت‌شده. سند مالیاتی نیست و تا پذیرش در دفاتر ثبت نمی‌شود.

فاکتور استاندارد

درخواست پرداخت. مشتری را مستحق کسر مالیات نمی‌کند.

فاکتور مالیاتی

خود سند مالیاتی. پس از صدور قفل می‌شود.

فاکتور-رسید

فاکتور و پرداخت در یک سند، برای زمانی که بلافاصله پرداخت می‌شود.

رسید

دریافت پول را بر اساس فاکتور تأیید می‌کند.

اشعار بستانکاری

تنها راه قانونی برای لغو یا کاهش سندی که قبلاً صادر شده است.

فیش تحویل

کالا تحویل داده شده بدون هزینه.

Tax identifier

On a document issued in Iceland the identifier is labelled VAT number. It is printed in the header of every tax document, isolated left-to-right so it reads correctly in any interface language.

No structural check is applied for Iceland: the format is accepted as entered, because a wrong rule that rejects a valid number is worse than no rule.

Numbering

Documents in Iceland are expected to run in an unbroken sequence. DocsOrigin allocates the number at the moment of issue — never earlier — so a draft that is abandoned does not burn a number and leave a gap you have to explain.

Prefix, padding and yearly reset are configurable per document type, and the series is kept separately for each type.

How Iceland writes dates and money

Set the country and these stop being settings you have to think about. The examples below are rendered by the same formatter the documents use.

Date
21.09.2026
Amount
12.345 kr
Currency
ISK
Minor units
0

⁨ISK⁩ is written with ⁨0⁩ decimal places, and every amount is stored as a whole number of minor units. ⛔ Money never touches floating point.

A worked example in Iceland

Three lines, priced identically everywhere, run through the real tax engine with the Iceland registry entry applied. This is what the document looks like there.

پیش‌فاکتور فاکتور استاندارد فاکتور مالیاتی فاکتور-رسید رسید اشعار بستانکاری
Northwind Studio
VAT number 000000000 · Iceland
فاکتور مالیاتی
شماره 2026-0042
فاکتور برای Riverbank Coffee
شرح تعداد قیمت واحد جمع
کار طراحی 12 45 kr 540 kr
راهنمای برند 1 380 kr 380 kr
پشتیبانی ماندگار 3 60 kr 180 kr
جمع خالص 1.100 kr
VAT 24% 264 kr
جمع 1.364 kr

Invoicing in Iceland — questions

What tax rate do I charge in Iceland?

The standard VAT rate recorded for Iceland is ⁨24%⁩. Reduced rates may apply to particular supplies, and your own setting always overrides ours.

Which document do I issue to a customer in Iceland?

The document set recognised in Iceland is listed above, under the names used locally. For a paid sale the usual document is فاکتور مالیاتی, and a mistake on an issued document is corrected with a credit note rather than an edit.

Does DocsOrigin cost anything in Iceland?

No. DocsOrigin is free forever for businesses in Iceland as everywhere else: no subscription, no card, no trial, no per-document fee and no export fee. Optional professional services are the only thing that is ever charged for, and they are quoted per project.

What if the rate for Iceland is wrong or changes?

Set your own rate in the business settings and it overrides the registry immediately, for new documents and for any date. Rates are applied by document date, so an old document keeps the rate that applied when it was issued.

Issue your first Iceland document

Choose Iceland once. The tax, the document names, the numbering, the date order and the currency format are configured together, and it costs nothing.

Free forever for businesses اولین فاکتور خود را بسازید

This page describes what DocsOrigin does with the registry entry for Iceland. It is not tax advice, and it is not a statement of Iceland law. Confirm your obligations with your accountant or the tax authority. Registry data as of ⁨2026-08⁩.