Create Online Course Creator Invoice in ISK →

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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.

Online Course Creator Services to Invoice

  • Course sales
  • Membership access
  • Coaching add-ons
  • Course bundles
  • Certification fees
  • Live workshops
  • Community access

Invoice Requirements in Iceland

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

Payment Terms

Full payment for course access. Payment plans available for higher-priced programs.

Reiðufé14 dagar30 dagarGjalddagi

Payment Methods in Iceland

Bank TransferCredit CardCash

Online Course Creator Invoice Tips

  • Reference course name
  • Include access period
  • Note payment plan terms
  • Document bonuses included
  • Specify refund policy

Frequently Asked Questions

What tax rate applies to online course creator 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 online course creators in Iceland?

Common payment methods in Iceland include: Bank Transfer, Credit Card, Cash. Full payment for course access. Payment plans available for higher-priced programs.

What should online course creator invoices include in Iceland?

Your invoice should include: Kennitala, VSK number, Business address, Client kennitala. For online course creator services specifically, also include: Course sales, Membership access, Coaching add-ons.

How should course creators invoice?

Include course name, access period, any bonuses, and payment plan details if applicable.

How to handle payment plans?

Invoice each installment separately with clear due dates and remaining balance.

What VSK rates apply?

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