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From Ísland.is Styrkjatorg — open and upcoming grants (Rannís, Technology Development Fund ...) · checked 15 Nov 2026

Foreign Specialists Income Tax Deduction (Iceland)

Skattfrádráttur erlendra sérfræðinga

Rolling Tax relief Iceland Frádráttur frá tekjum erlendra sérfræðinga
Closes
No deadline
Who can apply
Startups, SMEs, Large companies, Individuals
Open to applicants from
Iceland

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What this call funds

Iceland's rolling tax incentive lets employers or eligible foreign specialists apply to deduct 25% of income, so only 75% is taxable for the first three years of employment. Applications are submitted through the Rannís system and must arrive within three months of the specialist starting work, with a letter of residence history, employment contract, CV and employer justification. The page does not state a monetary amount.

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The call in detail

Funder
Frádráttur frá tekjum erlendra sérfræðinga
Type
Tax relief
Eligible applicants
Startups, SMEs, Large companies, Individuals
Eligible countries
Iceland
Startup relevance
Medium
Source
Ísland.is Styrkjatorg — open and upcoming grants (Rannís, Technology Development Fund ...)

Earlier rounds and changes

RecordedWhat changedDetails
14 Nov 2026 First listed here Already listed when the source was first read

Summaries and extracted fields are generated automatically from the official page and may contain mistakes. Check the official page before applying.