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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.

Florist Services to Invoice

  • Wedding florals
  • Event centerpieces
  • Bouquets
  • Sympathy arrangements
  • Corporate flowers
  • Installation design
  • Delivery service

Invoice Requirements in Iceland

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

Payment Terms

Deposit to book, balance 2 weeks before event. Daily orders paid on delivery.

Reiðufé14 dagar30 dagarGjalddagi

Payment Methods in Iceland

Bank TransferCredit CardCash

Florist Invoice Tips

  • Itemize each arrangement
  • Include delivery fees
  • Note installation costs
  • Reference event date
  • Document rental items

Frequently Asked Questions

What tax rate applies to florist 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 florists in Iceland?

Common payment methods in Iceland include: Bank Transfer, Credit Card, Cash. Deposit to book, balance 2 weeks before event. Daily orders paid on delivery.

What should florist invoices include in Iceland?

Your invoice should include: Kennitala, VSK number, Business address, Client kennitala. For florist services specifically, also include: Wedding florals, Event centerpieces, Bouquets.

How should florists price arrangements?

Based on flower cost, design complexity, and labor. Include delivery and installation fees.

What should event floral invoices include?

Each arrangement itemized, rental items, delivery, installation, and breakdown fees.

What VSK rates apply?

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