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Iceland

Corp Tax: 20%Setup: 130,500 ISKIncorporate: 5 daysData Quality: 74%
Tax Rates
Corporate Tax
20%Verified Feb 2026
Capital Gains
22%Verified Feb 2026
Personal Income (Top)
46.29%Verified Feb 2026
VAT
24%Verified Feb 2026
VAT Reduced Rates
11%
Dividend Withholding
22%Verified Feb 2026
Tax System
System Type
worldwide
Foreign Income Taxed
Yes
CFC Rules
YesVerified Feb 2026
Transfer Pricing
mediumVerified Feb 2026
TP Documentation Required
Yes
Incentives
IP Regime
NoneVerified Feb 2026
Crypto Tax
capital gainsVerified Feb 2026
Crypto Rate
22%
Participation Exemption
Available
Covers Dividends
Yes
Covers Capital Gains
No
International
Total Treaties
88Verified Feb 2026
Double Tax Agreements
44
Key Partners
USA, UK, Germany, France, Netherlands, Nordic countries
Exit Tax
Yes

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