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Iceland

Corp Tax: 20%Setup: 130,500 ISKIncorporate: 5 daysData Quality: 74%

Tax Rates

Corporate Tax

20%Verified Aug 58067

Capital Gains

22%Verified Aug 58067

Personal Income (Top)

46.29%Verified Aug 58067

VAT

24%Verified Aug 58067

VAT Reduced Rates

11%

Dividend Withholding

22%Verified Aug 58067

Tax System

System Type

worldwide

Foreign Income Taxed

Yes

CFC Rules

YesVerified Aug 58067

Transfer Pricing

mediumVerified Aug 58067

TP Documentation Required

Yes

Incentives

IP Regime

NoneVerified Aug 58067

Crypto Tax

capital gainsVerified Aug 58067

Crypto Rate

22%

Participation Exemption

Available

Covers Dividends

Yes

Covers Capital Gains

International

Total Treaties

88Verified Aug 58067

Double Tax Agreements

Key Partners

USA, UK, Germany, France, Netherlands, Nordic countries

Exit Tax

Yes