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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.

Notary Services to Invoice

  • Loan signing
  • General notarization
  • Mobile notary
  • Apostille assistance
  • I-9 verification
  • Witness service
  • Document preparation

Invoice Requirements in Iceland

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

Payment Terms

Due at time of signing. Loan signings paid by signing service or title company.

Reiðufé14 dagar30 dagarGjalddagi

Payment Methods in Iceland

Bank TransferCredit CardCash

Notary Invoice Tips

  • List documents notarized
  • Include travel fees
  • Note signing location
  • Reference per-signature fees
  • Document print/scan fees

Frequently Asked Questions

What tax rate applies to notary 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 notarys in Iceland?

Common payment methods in Iceland include: Bank Transfer, Credit Card, Cash. Due at time of signing. Loan signings paid by signing service or title company.

What should notary invoices include in Iceland?

Your invoice should include: Kennitala, VSK number, Business address, Client kennitala. For notary services specifically, also include: Loan signing, General notarization, Mobile notary.

Notary fees?

State-regulated per signature ($5-15). Mobile notary travel fee $50-150+ in addition.

Loan signing fees?

Paid by signing service. $75-200 per signing depending on complexity and location.

What VSK rates apply?

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