VATLive > Blog > VAT > Iceland doubles VAT registration threshold - Avalara

Iceland doubles VAT registration threshold

  • Jan 10, 2017 | Richard Asquith

Iceland doubles VAT registration threshold

Iceland has increased the annual taxable sales threshold for VAT registration from ISK1million to ISK2million. This will apply from 1 January 2017.

The threshold only applies to resident businesses.  Non-resident businesses selling taxable supplies locally and who have to register face a nil threshold.


Need help with your Icelandic VAT compliance?



Researching Icelandic VAT legislation is the first step to understanding your VAT compliance needs. Avalara has a range of solutions that can help your business depending on where and how you trade. 

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VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is the former VP Global Indirect Tax at Avalara