Sweden vs Iceland
Corporate Tax Comparison
Time of Update: Sweden: 4/04/2026 / Iceland: 4/04/2026
Compare Sweden and Iceland corporate tax rates, filing due dates, withholding tax, VAT, capital gains tax, and effective tax metrics for cross-border company planning.
Sweden vs Iceland Corporate Tax Comparison
Basic Corporate Tax Comparison
Corporate Income Tax (CIT)
Sweden
Iceland
General CIT Rate:
20.6
General CIT Rate:
20 (for LLCs and limited partnerships); 37.6 (for other entities)
CIT Return Due Date:
The expiration date depends on the month when the fiscal year ends (for calendar year taxpayers, it's July 1st).
CIT Return Due Date:
31 May
CIT Payment Due Date:
90 days after evaluation.
CIT Payment Due Date:
November 1st and December 1st
CIT Estimated Payment Due Date:
Monthly installments.
CIT Estimated Payment Due Date:
Except for January and October, prepayments should be made on the first day of each month.
Withholding Tax (WHT)
Sweden
Iceland
Resident Withholding Tax (Dividend/Interest/Royalty):
0/0/0
Resident Withholding Tax (Dividend/Interest/Royalty):
22/22/0
None-Resident Withholding Tax (Dividend/Interest/Royalty):
30/0/20.6
None-Resident Withholding Tax (Dividend/Interest/Royalty):
21/13/22
Value-Added Tax (VAT)
Capital Gain Tax (CGT)
Sweden
Iceland
General Capital Gain Tax Rate:
Return on capital of Swedish companies is in the tax summary.
General Capital Gain Tax Rate:
20 (for corporations, same as CIT rate for LLCs); 22 (for individuals)
Effective Tax Rate (ETR)
Sweden
Iceland
Composite Effective Average Tax Rate:
19.55%
Composite Effective Average Tax Rate:
18.79%
Composite Effective Marginal Tax Rate:
17.12%
Composite Effective Marginal Tax Rate:
14.93%
