As of June 2026: B2G e-invoicing is required (public bodies receive and process EN 16931 e-invoices since January 2020, via Peppol BIS 3.0 / the national TS-236 profile). There is no general B2B mandate; B2B e-invoicing is voluntary. Confirm current rules with the Financial Management Authority (Fjársýslan / FJS).
Iceland, an EEA country, aligned with EU Directive 2014/55/EU and has required the public sector (B2G) to receive and process structured e-invoices compliant with the EU standard EN 16931 since 1 January 2020. Iceland applies EN 16931 through its national CIUS, TS-236, which profiles Peppol BIS Billing 3.0 for the Icelandic context, with invoices exchanged over the Peppol network. The Icelandic Financial Management Authority (Fjársýslan / FJS) has been the country's Peppol Authority since 2020, authorising access points and overseeing technical compliance. There is no general business-to-business mandate; B2B e-invoicing is voluntary and based on buyer agreement, though adoption is high — by 2022 the large majority of B2G invoices were already electronic.
Iceland's TS-236 profile is built on Peppol BIS Billing 3.0, which Invotify Pro exports directly, along with UBL 2.1 — the underlying syntax. That means invoicing an Icelandic public authority, or a business that accepts Peppol e-invoices, works with the file Invotify already produces. You generate the structured invoice in Invotify and deliver it through your Peppol access point. Invotify creates the standards-compliant document; transmission goes via Peppol. E-invoicing is a Pro feature.
No. E-invoicing is required for the public sector (B2G), where authorities must receive and process EN 16931-compliant e-invoices, in place since January 2020. For B2B there is no general mandate — e-invoicing between private businesses is voluntary and based on agreement between the parties, though adoption is high. Confirm the current position with the Financial Management Authority (Fjársýslan / FJS).
Iceland uses Peppol BIS Billing 3.0, applied through its national CIUS, TS-236, and exchanged over the Peppol network. TS-236 defines how the EU standard EN 16931 is implemented for Iceland. Invotify Pro exports Peppol BIS 3.0 and UBL 2.1, the standards-based formats TS-236 is built on, so the file you produce matches what Icelandic recipients expect.
The Icelandic Financial Management Authority (Fjársýslan / FJS), acting for the Ministry of Finance and Economic Affairs, has been Iceland's Peppol Authority since 2020. It authorises Peppol access points operating in the country and oversees technical compliance. Suppliers connect via an accredited access point or the financial-management authority's e-invoicing portal.
Invotify Pro generates Peppol BIS 3.0 and UBL 2.1 invoices that align with Iceland's TS-236 profile and EN 16931. Whether you invoice a public authority or a business that accepts Peppol e-invoices, you export the file from Invotify and send it through your Peppol access point. The e-invoice export is part of the Pro plan.
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