E-invoicing in Iceland: deadlines and rules

At a glance

No B2B e-invoicing mandate was found for Iceland. The Peppol Authority is FJS. The research holds only these two statements about Iceland.

For the VAT status “VAT-registered”.
Size bandReceive sinceIssue from
All businesses (no turnover threshold)No mandate todayNo mandate today

Verified:

Who is affected

Scope: No B2B receiving obligation found

Small-business regime: Not applicable (no mandate found)

Must receive e-invoices: no · Must issue e-invoices: no

No obligation found.

Model and platform

Post-audit (decentralised, no clearance)

Platform: None found; FJS is the Icelandic Peppol Authority

No platform or mandate was found in the research.

Formats and networks explained

Channels and accreditation

Transmission channels in Iceland
ChannelKindRequiredNotes

Vendor accreditation

No accreditation · Required: no

No mandate found and therefore no vendor accreditation. Source: internal research · 15 Oct 2026 · verified 16 Oct 2026 · secondary

unverifiedWe found this in secondary sources or sources disagree; we have not yet confirmed it in the official text.

Receiving: how invoices reach you

Receiving duty: No mandate today none Source: internal research · 15 Oct 2026 · verified 16 Oct 2026 · secondary

unverifiedWe found this in secondary sources or sources disagree; we have not yet confirmed it in the official text.

Sending: what buyers expect

No mandate today

Public sector

Public-sector e-invoicing since no date yet none Source: OpenPeppol · undated · verified 15 Oct 2026 · official

unverifiedWe found this in secondary sources or sources disagree; we have not yet confirmed it in the official text. See unverified items

Not captured in research

The research records no Icelandic B2G rule; FJS is the Icelandic Peppol Authority.

Corporate buyers on SAP Business Network, Coupa, Tungsten or Basware: see Integrations.

Archiving

Retention period: 7 years Source: Ísland.is (Icelandic government) · 31 May 2013 · verified 16 Oct 2026 · official

The period starts: End of the financial year

  • 7 years: Lög um bókhald 145/1994 art. 20; Rgl. 505/2013 art. 6. 20 years for the VAT adjustment of property.
  • Rgl. 505/2013: issued e-invoices are kept in an electronic archive, must stay viewable, and may not be changed or deleted after issue. Storage in Iceland is required per a quoted ruling (location rule low confidence; a 2026 draft act would drop it).

What this means for you

Generated from the decision rules of our check for four typical profiles. Your answers may differ; run the check for your case.

Freelancer, VAT-registered

Receive
No mandate today
Issue
No mandate today
Next step
Nothing is required today; plan for the dates below.
Open this profile in the check

Small company, All businesses (no turnover threshold)

Receive
No mandate today
Issue
No mandate today
Next step
Nothing is required today; plan for the dates below.
Open this profile in the check

Supplier to corporate buyers on networks

Receive
No mandate today
Issue
No mandate today
Next step
Get a Peppol ID and check which network each buyer uses.
Open this profile in the check

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Sources

  1. Reglugerð nr. 505/2013 um rafræna reikninga, rafrænt bókhald, skeytamiðlun, skeytaþjónustu, geymslu rafrænna gagna og lágmarkskröfur · Ísland.is (Icelandic government) · 31 May 2013 · verified 16 Oct 2026 · official
  2. Peppol Authorities (FJS for Iceland) · OpenPeppol · undated · verified 15 Oct 2026 · official
  3. E-invoicing legislation research, status as of 15 October 2026 (internal evidence log) · einvoice project · 15 Oct 2026 · verified 16 Oct 2026 · secondary · internal document docs/research/einvoicing-legislation-2026-10.md

Unverified items

We found this in secondary sources or sources disagree; we have not yet confirmed it in the official text.

  • The research only states that FJS is the Peppol Authority and that no B2B mandate was found; this is an absence of evidence, not a confirmed absence of rules.
  • B2G rules, penalties, formats, channels, small-business rules and local tools are not covered by the research.
  • Iceland is outside the EU; ViDA dates are not recorded for it.

4 logged changes for Iceland