E-invoicing in Iceland

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Mandatory e-invoicing in Iceland

Iceland, although not a member of the European Union, has implemented legislation for mandatory e-invoicing in the public sector (B2G).
As of 2017, all invoices to the public administration must be sent in a structured format compliant with the European standard EN 16931.

In B2B transactions, e-invoicing is not yet mandatory, but its use is steadily increasing. Companies are increasingly using Peppol BIS Billing 3.0 to streamline billing and ensure compliance in international transactions - especially since Iceland is part of the European Economic Area (EEA) and is aligning its regulations with EU standards.


Guide to e-invoicing

Navigating the regulations for the National e-Invoicing System can be a challenge, but with the right knowledge, compliance becomes easy. Our comprehensive eBook on e-invoicing in Poland and around the world contains everything you need to implement seamless e-invoicing, ensure compliance and optimize your financial processes.

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E-invoicing standards in Iceland

The e-invoicing system in Iceland is based on international XML standards in accordance with EN 16931 and makes extensive use of Peppol's infrastructure.

The main components of the system are:

  • Peppol - the main channel for exchanging e-invoices in Iceland, used both in B2G and increasingly in B2B,

  • Peppol BIS Billing 3.0 - the current standard for structured e-invoicing in transactions with the public administration,

  • Private operators (Access Points) - e-invoicing service providers connected to the Peppol network, enabling document exchange between companies and the public sector.

Our solution supports the Peppol network and the BIS Billing 3.0 standard, ensuring your company is fully compliant with Icelandic and European e-invoicing requirements.

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Why do CFOs choose Infinite GIP?

Infinite is a certified PEPPOL access point

This means that we are officially authorized to send documents via the PEPPOL network - the European standard for electronic data exchange (invoices, orders, etc.).

You send invoices and documents to administrations and business partners in Europe directly through PEPPOL, without additional integrations.

Compliance with EU security and interoperability standards (including eIDAS and RODO).

Fewer exceptions, more automation - all PEPPOL countries (e.g., Germany, France, Scandinavia, Benelux) "understand" documents sent via this route.

Peace of mind for CFOs and accountants - because documents are sent through a trusted, controlled channel that complies with EU regulations.

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Frequently Asked Questions (FAQ)
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Expert opinion
Digitization is no longer about choice - it's about speed and scale. And a well-chosen technology can turn an obstacle into an advantage. That's why it's important to think globally from the start. Even if you're currently operating in just one market, things can change quickly. Regulations evolve, markets open up - and being well prepared at the start avoids chaos and costly adjustments in the future.
Andrzej Mioduski
Management representative for strategic projects at Infinite

E-invoicing in Iceland - without stress and downtime