Non-resident companies providing the following taxable goods or services may have to apply for a VAT registration number:
- Domestic provision of taxable goods or services
- Domestic reverse-charge services received in Iceland. These services include: consultancy; advertising; agency; telecoms; and copyright, trademarks and IP.
- Importing goods
Most B2B services provided to Icelandic businesses do not require a registration from the foreign provider – the reverse charge should be applied instead.
