Iceland Import Duties & Taxes Explained

Iceland charges 24% VAT on most commercial Stackry shipments, with no minimum value threshold. You'll also pay carrier handling fees of 1,200 ISK to 4,500 ISK, though most consumer goods like clothing and electronics are duty-free.

Most common consumer goods including clothing, footwear, and electronics are duty-free (0%) in Iceland, though certain items may carry duties of 10% to 30%. Your shipment will also incur 24% VAT on the total CIF value and a carrier handling fee typically ranging from 1,200 ISK to 4,500 ISK.

There is no duty-free limit for commercial imports to Iceland, as the de minimis threshold is 0 ISK. Even though many consumer goods are duty-free at 0%, your shipment will still incur 24% VAT and carrier handling fees on arrival.

Carriers typically charge a customs handling fee between 1,200 ISK and 4,500 ISK for processing your shipment. This fee covers the paperwork and payment of taxes to Icelandic authorities.

The shipping carrier (such as DHL, FedEx, or UPS) pays the taxes on your behalf and will bill you directly before or at the time of delivery. You will need to settle these fees to receive your shipment.

Yes, specific items like books, e-books, and certain foodstuffs are eligible for a reduced VAT rate of 11% instead of the standard 24%. Ensure your package documentation clearly identifies these eligible goods.

Yes, sugary snacks, chocolate, and sweets may be subject to additional commodity taxes based on their weight. These charges are separate from the standard VAT and customs duties.

Gifts sent between private individuals may be exempt from duties and VAT only if the value is below 45 EUR (approx. 6,800 ISK). Commercial purchases forwarded by Stackry generally do not qualify for this exemption.

The taxable base is the CIF value, which includes your item price plus shipping costs, insurance, and any customs duty. The 24% VAT is then applied to this total sum.

Certain items like telecommunications equipment without a CE mark or specific supplements may require special permits from Icelandic authorities. Failure to provide these can delay the release of your shipment.