Working in Belgium for a corporation in Iceland
Can I work remotely for a company in Iceland while being in Belgium?
It is usually doable, but we recommand to check the following key points first:
- Can you work for the company in Iceland?
- Do you need to be in Iceland to work for the company?
- Do you need to be in Iceland to be paid by the company?
- Do you need to be in Iceland to get the visa?
If you have answered yes to all of these questions, you can work remotely in Iceland for the company.
If you have answered no to any of these questions, you cannot work remotely in Iceland.
Note that some companies can only work with a local office. In this case, you will need to find a company that can work with you remotely, or work in a local office.
The key to working in Iceland is to have a good work permit and a good visa. We have written a post about visas and work permits for Iceland.
How to work remotely in Iceland?
There are a few ways to work remotely in Iceland.
The most common way is to work for a company that has a local office in Iceland, and is paying you through this office.
The second way is to work for a company that has no local office in Iceland, and is paying you through a company in Iceland.
The third way is to work for a company that has no local office in Iceland, and is paying you through a company in Belgium.
How to live in Belgium and find remote work in Iceland?
Finding remote work in Iceland if you are located in Belgium might be difficult, therefore we recommend you to apply for a remote job in Iceland. The best part is that you can work from anywhere in the world and get paid in the local currency of your country.
A typical remote job in Iceland
As a remote worker in Iceland, you will be responsible for a project and report directly to your manager. The manager will provide you with the necessary resources to complete your work. You will be required to submit your work on a regular basis.
The typical work week is 40 hours and you can work from anywhere in the world. You will be paid in the local currency of your country.
Why is it so good to work remotely in Iceland?
You will get to work from anywhere in the world
You can work for any company, even if they are not based in Iceland
You can work at your own pace
You can work for your own company
You can work from anywhere in the world
You will get to work with the best people
You will get to travel to Iceland
How a company in Iceland can send my salary in Belgium?
When working remotely for a corporation in Iceland, you salary can be send to Belgium but you will have to pay the taxes yourself.
How to work remotely from Iceland?
When you work remotely, you have to be in a place where you can work. If you are working from a place where you are not allowed to work, you will have to pay the taxes yourself.
The company will pay you the taxes for you.
How much taxes will I have to pay?
The amount of taxes you have to pay depends on the amount of your salary.
Where to pay my taxes when working remotely in Belgium for a company in Iceland?
If you are working remotely in Belgium for a corporation established in Iceland, taxes could seem complicated but in fact it is quite simple. The first step is to find out whether you are entitled to the special tax rates offered by the Icelandic government for companies established in Iceland.
Why are there special tax rates?
Belgium is part of the European Union (EU) and is therefore obliged to offer the same tax rates to all companies that are established in Belgium. In addition, Belgian companies are obliged to pay taxes on the profits that are generated by their activities in Belgium.
In Belgium, there is a double taxation system: the Belgian company is obliged to pay taxes on its profits when it is established in Belgium and when it pays taxes on its profits in other countries.
To avoid double taxation, the European Union (EU) offers special tax rates for companies established in EU countries. These rates are lower than the Belgian rates. The special tax rates are called ‘zero rate’, ‘reduced rate’, ‘medium rate’ or ‘standard rate’.
The Icelandic government offers the same tax rates to companies that are established in Iceland. The special tax rates are called ‘zero rate’, ‘reduced rate’ or ‘standard rate’.
What is the difference between the special tax rates?
The difference between the special tax rates depends on the profits that are generated by the company in Belgium.
