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Iceland
2017 (9 Years)
Last online: No recent activity
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This company is currently Unproved.
Please be cautious of the potential risks!
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know Iceland Tax Free
Company Information
Get to know Iceland Tax Free
Iceland Tax Free, operated by The Tax Free Company hf., is a specialized financial service provider dedicated to managing the VAT refund process for non-resident tourists shopping in Iceland. The company partners with local retailers to issue Tax Free forms at the point of sale. Their mission is to simplify the refund process for international visitors, enabling them to claim back the Icelandic VAT on eligible goods. Tourists present their completed forms and goods to customs for validation before departure and then receive their refund from an Iceland Tax Free refund point, typically located at Keflavík Airport.
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