Practical Info

Passport Requirements

All visitors to Iceland require a valid passport, with the exception of citizens of the Nordic countries (Denmark, Finland, Norway and Sweden).

Citizens of the following countries may enter Iceland using their National Identity Cards issued by their local authorities: Austria, Belgium, France, Germany, Greece, Italy, Liechtenstein, Luxembourg, the Netherlands, Portugal, Spain & Switzerland.

As a rule, visitors to Iceland should carry a passport valid for three months beyond their intended stay. For a full list of countries that do not require visa to Iceland go here.

20% of Production Cost is Refundable

Reimbursements are offered for films and TV production costs incurred in Iceland. Producers can apply for reimbursements from the State Treasury of 20% of the cost incurred in the production of films and television program in Iceland. Applying for the 20% reimbursement is an easy, straightforward procedure. Applications must be submitted to the Ministry of Industry and Commerce before starting the production.

Taxes

Companies resident in Iceland, and Icelandic branches of foreign resident companies, are liable for corporate income tax(national income tax) of 18% of their net earnings.

VAT(value-added tax) in Iceland is either 7% or 25%, although some categories are exempted from VAT. Food, hotels and other accommodation, restaurant services, books, magazines, music, electricity and heating costs, etc. are subject to VAT at a rate of 7%. Most other goods and services are subject to a rate of 25%.

Average daylight

Average daytime temperatures