Importing Used Cars from
Japan to Iceland
Regulations and Procedures

Introduction 

Importing used cars from Japan to Iceland can be an appealing option for individuals and businesses looking for high-quality vehicles at competitive prices. However, it is essential to understand the factors, procedures, and regulations involved in the importation process to ensure a smooth and hassle-free experience. This article provides a comprehensive guide on importing used cars from Japan to Iceland, covering important factors to consider, the importation process, age restrictions, import duties and taxes, required documentation, shipping and customs clearance, compliance and modifications, registration in Iceland, and tips for a hassle-free experience.

Factors to Consider When Importing a Car from Japan to Iceland 

When considering importing a car from Japan to Iceland, several factors should be taken into account. These include the condition and quality of the vehicle, the cost-effectiveness of the importation process, availability of spare parts, and compatibility with local regulations and requirements . Conduct thorough research on the vehicle's history, inspection policies, and ensure compliance with Icelandic regulations.

The Importation Process 

The importation process involves several steps, starting with identifying a reliable exporter or dealership in Japan. Once you have selected a vehicle, arrangements for shipping and logistics need to be made. This includes selecting a reputable shipping company, obtaining necessary insurance coverage, and ensuring compliance with international shipping standards. It is advisable to work with an experienced exporter who can guide you through the process and handle documentation .

Age Restriction and Vehicle Eligibility 

In Iceland, temporary import of vehicles with foreign registration is allowed for non-residents for up to 12 months. Personal vehicles can be imported duty-free by individuals residing abroad for a maximum of 12 months . However, age restrictions and vehicle eligibility criteria may apply. Ensure that the vehicle meets the age and technical requirements set by Icelandic authorities .

Import Duties and Taxes 

Import duties and taxes are an important consideration when importing a car from Japan to Iceland. The charges are based on the customs value of the vehicle and include excise duty, processing charge, and value-added tax (VAT). It is essential to understand the specific import duties and taxes imposed by Icelandic customs authorities and plan your budget accordingly .

Required Documentation and Fees 

Importing a used car from Japan to Iceland requires the submission of various documents. The essential documents include the Export Cancellation Certificate, Invoice, and Bill of Lading (BL). These documents serve as proof of ownership, transportation agreement, and assist in the import clearance process . Additionally, there may be fees associated with documentation and inspections. Familiarize yourself with the specific documentation requirements and fees applicable to the importation process in Iceland.

Shipping and Customs Clearance 

Selecting a reputable shipping company is crucial for a smooth importation process. The shipping company will handle the transportation of the vehicle from Japan to Iceland. Ensure that the shipping company is experienced in handling vehicle shipments and provides adequate insurance coverage. Customs clearance procedures involve declaring the imported vehicle to the Icelandic customs authorities and submitting the required documentation .

Compliance and Modifications 

Compliance with Icelandic regulations is vital when importing a car from Japan. The vehicle must meet technical requirements and safety standards set by Icelandic authorities. Modifications may be necessary to ensure compliance, such as adapting the vehicle to local road conditions or regulations. It is advisable to consult with experts or authorized service providers to ensure that any required modifications are done correctly .

Registration in Iceland 

Once the imported vehicle has cleared customs and complied with all the necessary requirements, it needs to be registered in Iceland. Registration procedures may vary, and it is important to follow the guidelines provided by Icelandic authorities. Ensure that you have all the required documents, such as the Export Cancellation Certificate, Invoice, and Bill of Lading, to facilitate the registration process .

Tips for a Hassle-free Importing Experience 

To ensure a hassle-free experience when importing a car from Japan to Iceland, consider the following tips:

• Research and select a reputable exporter or dealership in Japan.

• Verify the exporter's details and association memberships.

• Thoroughly research the vehicle's history and condition.

• Understand and comply with Icelandic import regulations and requirements.

• Work with experienced professionals who can assist you throughout the process.

• Maintain clear and transparent communication with the exporter and shipping company .

Benefits of Importing Cars from Japan to Iceland 

Importing cars from Japan to Iceland offers several advantages, including access to a wide range of high-quality used vehicles at competitive prices. Japanese vehicles are known for their reliability and excellent condition. Importing also provides an opportunity to find specific models or variants that may not be readily available in the local market. However, it is important to ensure that the imported vehicles meet Icelandic regulations and requirements .

Conclusion 

Importing used cars from Japan to Iceland can be a rewarding process if approached with careful planning and adherence to regulations. This comprehensive guide has outlined the essential factors to consider, the importation process, age restrictions, import duties and taxes, required documentation, shipping and customs clearance, compliance and modifications, registration in Iceland, and tips for a hassle-free experience. By following the proper procedures and working with reliable professionals, individuals and businesses can successfully import high-quality used cars from Japan to Iceland.

Disclaimer: Regulations and details are subject to change. The information provided above is for reference purposes only. Those wishing to import a vehicle to this country should consult with a domestic customs broker or the relevant authorities before making any import decisions.