E-Invoicing Country

Iceland

Voluntary

Voluntary, no mandate yet

Flag of Iceland

Mandate Overview

The mandate

Iceland accepts e-invoices through Peppol for public-sector procurement under the EEA transposition of EU Directive 2014/55/EU, with the Financial Management Authority (Fjarsysla rikisins) coordinating central government receive capability. There is no mandatory B2B e-invoicing regime, and TS-236, the long-standing Icelandic XML invoicing format, remains in use alongside Peppol BIS 3.0. Iceland is an OpenPeppol member and follows EU-track developments closely despite not being an EU member state.

Timeline

Key milestones

2014
Jan 1, 2014

  • TS-236 standard adopted for Icelandic e-invoicing

2019
Nov 1, 2019

  • B2G Peppol acceptance under EU Directive 2014/55/EU transposition

2030
Jul 1, 2030

  • ViDA-aligned developments expected, subject to EEA implementation

Flowie Coverage

How Flowie supports Iceland

Flowie tracks Icelandic regulatory developments and supports Peppol BIS 3.0 generation and routing for Icelandic B2G submissions and cross-border exchanges. Native TS-236 transformation is on the roadmap as adoption decisions firm up.

FAQ

Common questions

Is e-invoicing mandatory in Iceland?

B2G acceptance via Peppol has been required since 2019 under the EU Directive transposition. B2B is voluntary, with TS-236 and Peppol BIS 3.0 both in use across the Icelandic market.

What format does Iceland use?

Peppol BIS 3.0 is the standard for B2G receive. TS-236, the Icelandic XML invoice standard, remains in use among domestic businesses and ERP vendors.

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