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