LOCAL attorneys represent foreign companies engaged in VAT-taxable activities in Iceland. If a party residing abroad who conducts taxable business in Iceland does not have a permanent establishment in Iceland, then it shall appoint an agent / representative, domiciled in Iceland, for tax registration on his behalf, cf. 6. tl. Paragraph 1 Article 3 and Article 5. Act no. 50/1988, on value added tax.
All further information is provided by LOCAL.
