Iceland Refund ehf
Tax free shopping in Iceland
Aðalstræti 2
101 Reykjavik - IS
Tel. +354 564 6400
Fax. +354 564 3600

Iceland Refund



 Iceland refund - Global Refund

TaxFree Shopping in Iceland - cool and sensible
Reykjavik, Iceland's shopping capital, may very well be the best-kept secret of the cosmopolitan shopping enthusiast. Despite rumors that Reykjavik's an expensive city, its prices are generally on a par with those in New York. And when it comes to high fashion or designer wear, Reykjavik prices are almost always more reasonable.

What gives,?
Well, in Reykjavik the markup is lower, thanks to reasonably priced retail space and lower overhead. Add to this the 15% tax-free refund for tourists - off a minimum purchase of ISK 4,000 - and you may wind up with some excellent buys indeed. Incidentally, price tags inn Iceland always include sales tax.

Read more about shopping in Iceland
List of TaxFree shops in Iceland

Q: What is VAT?
A: VAT is a value added tax which is included in the purchase price.  This makes up to 19,68% of the price.  The tax is used for social purposes in Iceland and as a foreign resident you can hence, claim this tax back and hence, shop TAX-FREE in Iceland.

Choose your type of shop in: 

  • Icelandic Design

  • Icelandic Wool

  • The Great Icelandic Outdoors

  • International Brands

  • Shopping Experience

HOW TO USE TAX FREE IN ICELAND?

Q: How do I reclaim the VAT?
A: Simply ask for your Iceland Refund Cheque where-ever you see the Iceland Refund Tax-free Shopping logo.  When you have your tax free cheque you can get your refund prepaid at one of our refund agents located in the main shoppingmalls, City Center Cash Refund or when you leave Iceland simply have the cheque refunded by one of our agents with you to Keflavik Airport go to the Landsbanki Islands located in the far end of the departure hall.  Alternatively you can use your Iceland Refund Cheque as payment in the Islandica store at Keflavik Airport or onboard Icelandair for purchases made in Saga boutique.  Notice!  If the refund amount of a single cheque exceeds ISK 5.000 you must have a export varification stamp by customs before you check-in your goods. 

Q: Is there a minimum amount when shopping Tax-free?
A: Yes, it is ISK 4.000

Q: Can I use the Iceland Refund system for all my expenses?
A: No, you can only use it for goods which, you will take with you out of the country.  Services are hence not included, nor food which you consume during your stay or gifts which, you tend to leave behind.

Q: How do I contact you if I have any further questions?
A: Call us at +354 564 64 00 or fax us at +354 564 36 00 or send us an email through this form.

Read more about shopping in Iceland
List of TaxFree shops in Iceland

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