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Iceland Tax Information

24% VSK

VSK (VAT) is 24% standard, 11% for hotels/books/food. No threshold - all businesses must register. Source: Icelandic Revenue and Customs.

3D Artist Services to Invoice

  • 3D modeling
  • Texturing
  • Rendering
  • Animation
  • Product visualization
  • Architectural viz
  • Character design

Invoice Requirements in Iceland

Kennitala
VSK number
Business address
Client kennitala
VSK breakdown
Total in ISK

Payment Terms

50% deposit, 50% on delivery. Complex projects use milestones.

Reiðufé14 dagar30 dagarGjalddagi

Payment Methods in Iceland

Bank TransferCredit CardCash

3D Artist Invoice Tips

  • Specify polygon count
  • Include render specs
  • Note revisions
  • Reference assets
  • Document formats

Frequently Asked Questions

What tax rate applies to 3d artist invoices in Iceland?

Iceland has 24% VSK. VSK (VAT) is 24% standard, 11% for hotels/books/food. No threshold - all businesses must register. Source: Icelandic Revenue and Customs.

What payment methods are common for 3d artists in Iceland?

Common payment methods in Iceland include: Bank Transfer, Credit Card, Cash. 50% deposit, 50% on delivery. Complex projects use milestones.

What should 3d artist invoices include in Iceland?

Your invoice should include: Kennitala, VSK number, Business address, Client kennitala. For 3d artist services specifically, also include: 3D modeling, Texturing, Rendering.

How to price 3D work?

Per model, per hour, or project-based. Consider complexity and usage.

Include render time?

Factor into pricing or bill separately for long renders.

What VSK rates apply?

Iceland has 24% standard VAT and 11% reduced rate for hotels, books, and some food. No zero-rated goods domestically.