Iceland (Lýðveldið Ísland) — Multi-Page Customs Intelligence Hub
AUDIT PASSEDSovereign Authority: Skatturinn (Iceland Revenue and Customs) • Valuation Basis: CIF (Cost + Insurance + Freight to Icelandic Port/Airport)
[🏛️ Hub Overview & Audit Status] Shipping commercial goods to Iceland requires clearing Skatturinn (Iceland Revenue and Customs) via Form E1 (Aðflutningsskýrsla). Iceland has a 0 ISK commercial de minimis threshold, meaning Standard 24% Import VAT (or 11% Reduced Food/Book VAT) is assessed from the first króna on the CIF value (Cost + Insurance + Freight) plus applicable customs duties and Úrvinnslugjald recycling fees. Under Customs Act No. 88/2005 reforms, Iceland eliminated general industrial, electronics, and apparel import tariffs (0% MFN duty), but strictly enforces EEA partner agency controls including Fjarskiptastofa (RED 2014/53/EU CE mark for wireless devices) and MAST (food/veterinary/ISPM-15 wood packaging).
| Competent Customs Authority | Skatturinn (Iceland Revenue and Customs) |
|---|---|
| Official Import Declaration Form | EYÐUBLAÐ E1 / SAD — AÐFLUTNINGSSKÝRSLA (EYÐUBLAÐ E1 — SINGLE ADMINISTRATIVE DOCUMENT) |
| Customs Valuation Basis & FX | CIF (Cost + Insurance + Freight to Icelandic Port/Airport) • FX Authority: Seðlabanki Íslands / Skatturinn Official Tollgengi |
| De Minimis Duty-Free Threshold | 0 ISK (Icelandic Customs Law No. 88/2005 & VAT Act No. 50/1988) |
| Outbound Export Filing Mandate | Iceland Outbound Export Mandate: Skatturinn Form E2 (Útflutningsskýrsla) |
| Effective Date | Tariff / Legal Code | Executive Order / Measure | Statutory Rule & Exemptions |
|---|---|---|---|
| 2025-03-12 | 9903.80.01 / 9903.85.01 | U.S. Section 232 Global Steel & Aluminum 25% Tariff (All Country Quotas/Exemptions Terminated) | Restores a uniform 25% global Section 232 tariff on both Steel (Ch. 72–73) and Aluminum (Ch. 76, raised from 10% to 25%) and derivatives from all countries, terminating prior country exemptions and tariff-rate quotas. |
| 2025-04-03 | 9903.94.01 | U.S. Section 232 Global Passenger Vehicles & Light Trucks 25% Tariff | Assesses a 25% Section 232 national-security tariff on imported automobiles and specified automotive parts (with USMCA U.S.-content deduction mechanisms and classic >=25-year exemptions under Chapter 99). |
| 2025-04-05 | 9903.01.25 (Universal Baseline) / 9903.01.28 (US Content / Annex II Exempt) | U.S. IEEPA Universal Baseline (10%) & Country-Specific Reciprocal Tariff Schedule | Establishes a 10% universal baseline IEEPA duty (HTS 9903.01.25) on global imports into the United States effective April 5, 2025, with statutory exemptions for Annex II critical goods (pharmaceuticals, semiconductors, critical minerals, energy), Section 232 covered articles (which do not double-stack), U.S. content >=20% (9903.01.34), and Chapter 98 entries. |
📖 View Frequently Asked Customs Questions & Sovereign Statutory Citations (3 Q&As)
Verified Answer: Iceland has a 0 ISK commercial de minimis threshold under Customs Act No. 88/2005 and VAT Act No. 50/1988. Every commercial shipment is subject to 24% standard Import VAT (VSK) or 11% reduced VAT (for qualifying food, books, and media) calculated on the CIF value plus customs duties and per-kg recycling fees.
Verified Answer: No. Unlike the European Union (which charges up to 4.5%–14% duty on electronics and apparel), Iceland is outside the EU Customs Union and abolished general tariffs on industrial goods, electronics (e.g., HS 8518.22 speakers, HS 8507.60 batteries), and clothing (0% MFN duty). However, because Iceland is in the European Economic Area (EEA), wireless and electrical goods must carry a valid European CE mark and EEA Declaration of Conformity for Fjarskiptastofa and HMS clearance.
Verified Answer: Three verified strategies reduce Icelandic landed costs: (1) Include the buyer's 10-digit Kennitala and VSK registration number on Box 8 of Skatturinn Form E1 to reclaim 100% of the 24% Import VAT as input tax; (2) Itemize net lithium-ion battery weight separately from product enclosure weight on the commercial invoice to avoid paying the 145 ISK/kg Úrvinnslugjald battery fee on the housing weight; (3) Itemize post-arrival domestic Icelandic inland trucking separately from international freight so it is excluded from the 24% CIF VAT base.
Why Iceland (Lýðveldið Ísland) Requires a 7-Layer Hub (Not a Single Page)
Relying on only 6–8 basic feeds leaves shippers exposed to anti-dumping orders, partner-agency holds, export controls, and missed FTA exemptions. This hub organizes the entire Iceland (Lýðveldið Ísland) customs universe (28 verified feeds across 7 regulatory layers) into dedicated, date-tracked sub-pages—stamped with exact build and audit timestamps so both customers and Rob (Founder & System Architect) can inspect every source receipt.
Complete 7-Layer Regulatory Universe Breakdown
- IS-L1-01 — Skatturinn Tollskrá Annex I (Complete ~10,500 8-Digit National Tariff Schedule)Skatturinn
- IS-L1-02 — Customs Act No. 88/2005 (Tollalög) & Regulation No. 1100/2006 (Duty Exemptions & Temporary Import)Alþingi / Ministry of Finance
- IS-L1-03 — Stjórnartíðindi (Official Gazette of Iceland — Section B Tariff & Quota Decrees)Ministry of Justice / Finance
- IS-L1-04 — Agricultural Tariff Quotas (Tollkvótar — Chapters 02, 04, 06, 07, 16)Ministry of Food, Agriculture & Fisheries / Skatturinn
- IS-L2-01 — Value Added Tax Act No. 50/1988 (24% Standard VSK, 11% Reduced Food/Book VSK, & 0% Exemptions)Skatturinn
- IS-L2-02 — Úrvinnslusjóður (Icelandic Recycling Fund — All 20+ Per-Kg Material Fee Schedules)Úrvinnslusjóður / Skatturinn
- IS-L2-03 — Alcohol & Nicotine/Tobacco Excise Duties (Áfengisgjald & Tóbaksgjald)Skatturinn / ÁTVR
- IS-L2-04 — Motor Vehicle Excise Duties (Vörugjald af ökutækjum — CO2 Emission Brackets & EV Incentives)Skatturinn
- IS-L2-05 — Carbon Tax, Fuel Excise & Fluorinated Gas (F-Gas) Import Fees (Kolefnisgjald)Skatturinn
- IS-L3-01 — Fjarskiptastofa (Electronic Communications Office — EEA Radio Equipment Directive 2014/53/EU & CE)Fjarskiptastofa
- IS-L3-02 — MAST (Matvælastofnun — Food, Supplements, Animal Products, Feed, Plants & ISPM-15 Wood)MAST
- IS-L3-03 — Umhverfisstofnun (Environment Agency — Chemicals REACH/CLP, Batteries, RoHS, WEEE & Ozone/F-Gas)Umhverfisstofnun (UST)
- IS-L3-04 — Lyfjastofnun (Icelandic Medicines Agency — Pharmaceuticals, Medical Devices MDR/IVDR & Active Substances)Lyfjastofnun
- IS-L3-05 — HMS (Húsnæðis- og mannvirkjastofnun — Electrical Safety LVD, Construction Products, PPE & Toys)HMS
- IS-L3-06 — Vinnueftirlitið (Administration of Occupational Safety & Health — Industrial Machinery & Pressure Equipment)Vinnueftirlitið (AOSH)
- IS-L3-07 — Neytendastofa (Consumer Agency — Textile/Consumer Labeling, Metrology & General Product Safety)Neytendastofa
- IS-L3-08 — Geislavarnir ríkisins (Icelandic Radiation Safety Authority — X-Ray, Medical Imaging & Class 3B/4 Lasers)Geislavarnir ríkisins (IRSA)
- IS-L3-09 — Ríkislögreglustjóri (National Commissioner of Police — Weapons, Fireworks, Explosives & Security Gear)Ríkislögreglustjóri
- IS-L3-10 — Utanríkisráðuneytið (Ministry for Foreign Affairs — Sanctions & Strategic Dual-Use Export/Import Controls)Ministry for Foreign Affairs
- IS-L4-01 — EEA Agreement Origin Protocol 4 & Pan-Euro-Mediterranean (PEM) Diagonal CumulationEFTA / Skatturinn
- IS-L4-02 — EFTA Free Trade Network (31 FTAs covering 42+ Countries: Canada, Mexico, Korea, India, Singapore, etc.)EFTA Secretariat
- IS-L4-03 — Bilateral FTAs: Iceland–China FTA, Iceland–UK FTA & Hoyvík Agreement (Faroe Islands)Ministry for Foreign Affairs / Skatturinn
- IS-L5-01 — Seðlabanki Íslands / Skatturinn Official Daily Customs Exchange Rate API (Tollgengi)Central Bank of Iceland & Skatturinn
- IS-L5-02 — CIF Customs Valuation & Post-Import Domestic Freight Separation RulesSkatturinn
- IS-L6-01 — Fiskistofa (Directorate of Fisheries — Export Catch Certificates, Weighing & Marine Quota Audit)Fiskistofa
- IS-L6-02 — Skatturinn Export Declaration (Útflutningsskýrsla — Form E2 & Electronic Export SMT)Skatturinn
- IS-L7-01 — Skatturinn SMT Electronic Customs Clearance Technical Specifications (CUSDEC / CUSRES / XML)Skatturinn
- IS-L7-02 — Skatturinn Box 44 Supporting Document & Special Code Tables (Fylgiskjala- og sérkóðalisti)Skatturinn