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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.

DJ Services to Invoice

  • Wedding DJ
  • Corporate events
  • Private parties
  • Club nights
  • MC services
  • Lighting packages
  • Ceremony music

Invoice Requirements in Iceland

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

Payment Terms

Deposit to book, balance 1-2 weeks before event.

Reiðufé14 dagar30 dagarGjalddagi

Payment Methods in Iceland

Bank TransferCredit CardCash

DJ Invoice Tips

  • Specify event hours
  • Include equipment provided
  • Note setup/breakdown time
  • Reference event timeline
  • Document overtime rates

Frequently Asked Questions

What tax rate applies to dj 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 djs in Iceland?

Common payment methods in Iceland include: Bank Transfer, Credit Card, Cash. Deposit to book, balance 1-2 weeks before event.

What should dj invoices include in Iceland?

Your invoice should include: Kennitala, VSK number, Business address, Client kennitala. For dj services specifically, also include: Wedding DJ, Corporate events, Private parties.

How should DJs price their services?

Flat rate by event type/hours. Include equipment, travel, and setup in pricing.

What should DJ invoices include?

Event date/venue, hours covered, equipment provided, and any add-ons (MC, lighting).

What VSK rates apply?

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