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Iceland

Capital: Reykjavik
Population: 348,000
Total land area (km2): 102,775 km2
Passenger cars: 250,000
Highway (km): 37 km
Category Description
Registration Tax Benefits

Iceland - Registration tax benefits

No Registration Tax for BEV
Ownership Tax Benefits

Iceland - Ownership tax benefits

No Annual Ownership Tax for BEV
VAT Benefits

Iceland - VAT benefits

VAT exemption for BEV, introduced in 2012. In 2018 extended until 2020.
Local Incentives

Iceland - local incentives

Free parking up to 2 hrs in Reykjavik City Centre and Akureyri

Infrastructure Incentives

Iceland - Infrastructure Incentives

Incentives for charging infrastructure for a fast roll out of public charging infrastructure including fast chargers. National grants amounting to about 200 million Icelandic krónur (about 1.63 million euros) over a three-year period (2016–2018) could more than triple the number of fast-charging stations on the island.
Other Financial Benefits

Iceland - Other financial benefits

Iceland exempts vehicles emitting up to 80 g CO2/km from import excise duties, which can reach 65% of the vehicle’s customs value if emissions exceed 250 g CO2/km

Category Description
Registration Tax Benefits

Iceland - Registration tax benefits

No Registration Tax for BEV
Ownership Tax Benefits

Iceland - Ownership tax benefits

No Annual Ownership Tax for BEV
VAT Benefits

Iceland - VAT benefits

VAT exemption for BEV, introduced in 2012. In 2018 extended until 2020.
Local Incentives

Iceland - local incentives

Free parking up to 2 hrs in Reykjavik City Centre and Akureyri

Infrastructure Incentives

Iceland - Infrastructure Incentives

Incentives for charging infrastructure for a fast roll out of public charging infrastructure including fast chargers. National grants amounting to about 200 million Icelandic krónur (about 1.63 million euros) over a three-year period (2016–2018) could more than triple the number of fast-charging stations on the island.
Other Financial Benefits

Iceland - Other financial benefits

Iceland exempts vehicles emitting up to 80 g CO2/km from import excise duties, which can reach 65% of the vehicle’s customs value if emissions exceed 250 g CO2/km