Temporary import

An authorization for temporary importation of goods without having to pay import duties can be applied for in instances were certain condition are met.

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Import documents

An importer shall submit to customs authorities import documents before imported goods are removed from storage at the transporter, placed in a bonded warehouse or removed from a bonded warehouse or a free zone for disposal domestically

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Customs Procedures

On importation and exportation of goods there are following requirements regarding customs procedures.

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Import Duty Charges

The general rule is that import charges are to be paid when importing goods to the country in accordance with the customs tariff that has legal validity in Iceland. Included in the import charges are duties, excise duties and value added tax as well as various other charges that may be added when a good is imported.

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