Legislation

Act No 82-2019 on the registration of beneficial owners_ENS.pdf

Government Employees Act, No. 70/1996  [Translation 30.08.2022] The Government Employees Act, No. 70/1996 spells out the rights and duties of government employees, such as pay days, holiday...

Foreign Exchange Act No. 70/2001.

Regulation No. 1202/2016, on deduction from the income of foreign experts (last updated 2017)

Public Finance Act Nr. 123/2015 (last updated 2016)

The Value Added Tax Act No. 50/1988 with subsequent amendments (last updated 2010)

Regulation No. 576/1989, on Value Added Tax (VAT) on Construction Activities (last updated 2010)

Regulation No. 577/1989, on Free and Special Registration for Rental or Sale of Real Estate (last updated 2010) 

Regulation No. 194/1990, on Value Added Tax (VAT) on Services for Foreign Parties and on Services Purchased Abroad (last updated 2010)

Regulation No. 470/1991, on the refund of Value Added Tax to foreign diplomatic agents (last updated 2010)

Regulation No. 192/1993, on VAT Input tax (last updated 2010)

Regulation No. 667/1995, on Reporting and Remitting VAT (last updated 2010)

Regulation No. 515/1996, on Registration of Parties Subject to VAT (last updated 2010)

Regulation No. 436/1998 on commodity tax (last updated 2011)

Regulation No. 397/2000 on electronic registration of securities in a central securities depository (last updated 2015)

Regulation No. 994/2007 (last updated 2007)

Regulation No. 630/2008, on preferential customs treatment of various types (last updated 2010)

Regulation No. 706/2008 on nominee registration and the custody of financial instruments in nominee accounts (last updated 2010)

Regulation No. 120/2016 on deduction from the income of foreign experts (last updated 2017)

Act No. 29/1993, on commodity tax on vehicles, fuel, et al. (last updated 2011)

Act No. 45/1987 on the Withholding of Public Levies at Source (last updated 2010)

Act No. 96/1995 on alcohol and tobacco tax (last updated 2012)

Act No. 94/1996 on Withholding of Tax on Financial Income (last updated 2010)

Act No. 129/1997 on Mandatory Pension Insurance and on the Activities of Pension Funds (last updated 2007)

Act No. 87/1998 on Official Supervision of Financial Activities (last updated 2013)

Act No. 161/2002 on financial undertakings (last updated 2014)

Act No. 90/2003, Income Tax Act (last updated 2010)

Act No. 87/2004 on oil tax and mileage fee (last updated 2011)

Act No. 78/2007 on occupational retirement funds (last updated 2010)

Act on Public Procurement, No. 120/2016 (last updated 2017)

Act No. 108/2007 on Securities Transactions (last updated 2009)

Act No. 152/2009 on support for innovation enterprises (last updated 2010)

Act No. 109/2011 on taxation of hydrocarbon production (last updated 2012)

Act No. 127/2011 amending the Foreign Exchange Act, the Customs Act and the Act on the Central Bank of Iceland (last updated 2013)

Act No. 60/2015 on Stability Tax (last updated 2015)

Bill of Legislation Amending the Foreign Exchange Act, the Act on the Treatment of Króna-Denominated Assets Subject to Special Restrictions, and the Act on a Special Tax on Financial Undertakings (cap...

Act No 105/2016 on amending the Foreign Exchange Act (capital account liberalisation) (last updated 2016)

This is an English translation. The original Icelandic text, as published in the is the authoritative text. Should there be discrepancy between this translation and the authoritative text, the latter ...

Art. 1 Government agencies under the A-budget may keep accounts in commercial and savings banks in order to make daily payments, subject to the limits of Article 2. The Minister of Finance may decide ...

The Value Added Tax Act No. 50/1988 with subsequent amendments (PDF 152 KB)

CHAPTER I General Provisions. Article 1 In this act, a public project refers to the construction, maintenance or changes in a structure paid for by the Treasury in part or in full, provided the estima...

Jump directly to the State Guarantee Act An introduction The State Guarantee Act replaces earlier legislation on state guarantees and considerably narrows the conditions under which such guarantees ca...

Jump directly to the Pension Act An Introduction The Act on mandatory insurance of pension rights and on activities of pension funds – otherwise known as the Pension Act – was passed into law in 1997 ...

Jump directly to the Government Employees Pension Fund Act An Introduction The Government Employees Pension Fund has been in existence since early in this century. The laws governing the Fund have bee...