Responsible

Ministry of Finance and Economic Affairs

Legislation
  • Declaration of the Ministry of Finance and the Ministry of Economic Affairs, 10 February 2014
  • Regulation 505/2013 on electronic billing, electronic accounting, messaging, message services, storage of electronic data and minimum requirements for electronic accounting and accounting systems
Transposed the Directive 2014/55/EU

YES

Use of the extra year for compliance of non-central entities (by )

YES

Recommended for

Submitting: Economic operators
Receiving and processing: Central, regional and local contracting authorities

Standard(s)
  • UBL  2.1., using CEN- BII04 and BII05 specifications
  • PEPPOL-BIS
Platform
Use of CIUS and/or Extensions

YES

Legislation

Although national regulation 505/2013 stipulates the requirements for electronic invoices to be considered legal, there is no legislation mandating the use of eInvoices in B2G public procurement in Iceland. The Declaration of the Ministry of Finance and the Ministry of Economic Affairs of 10 February 2014, does, however, recommend the use of eInvoices in B2G public procurement as of 1 January 2015.

Nevertheless, since 30 June 2015, the city of Reykjavik only accepts eInvoices from economic operators.


eInvoicing platform and eInvoicing management solutions

The Icelandic government neither mandates nor recommends any eInvoicing service provider or the use of a particular eInvoicing platform. Economic operators can either connect to the PEPPOL network or use eInvoicing service providers such as Sendill, Advania and InExchange to submit eInvoices. In the latter case, economic operators have to sign bilateral agreements with the service providers in order to use their services. eInvoicing services provided by the aforementioned providers are free of charge for economic operators up to a certain amount of eInvoices (e.g. in the case of Sendill, the service is free of charge for up to 10 eInvoices per year). 

Approach for receiving and processing eInvoices

The Icelandic State Treasury provides IT solutions for most state agencies and receives eInvoices on their behalf; other agencies are responsible for receiving and processing of their own invoices. There is no central eInvoicing platform to connect to.

The list of institutions that receive eInvoices is available on the State Treasury’s website.

Economic operators have to send eInvoices to the contracting authorities using UBL (XML format) and following the CEN ‘BII04 – Invoice Only’ or ‘BII05 – Billing’ technical specifications (profiles).They also have the possibility to use PEPPOL-BIS when using the PEPPOL network to submit eInvoices.

Status on the implementation of the European Standard on eInvoicing (EN)

There is no information available. 

Additional information

There is no additional information available. 

 

Are you aware of further developments on eInvoicing B2G in this country? Contact us via the link Something wrong with this page? at the bottom of this page.
You can also access the 2016 and 2017 eInvoicing Country Sheets via the eInvoicing User Community.


NOT VALIDATED BY THE EMSFEI MEMBER

Last updated:  Aug 14, 2025 18:00



Status

TO BE REVIEWED

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