Mar 1, 2021

Mar 1, 2021

Domain fee increases for the first time

At its meeting on February 25th 2012, ISNIC's Board of Directors approved the CEO's proposal to increase the annual domain fee by ISK 310 and EUR 2. After the increase, the annual fee for '.is' domains will be ISK 6,293 incl. 24% VAT, and EUR 31.90 without taxes, to registrants residing outside of Iceland.

The annual fee for '.is' domains has never increased before, but has decreased several times since the domain was first registered in about 1990. The annual fee was reduced 2014 by ISK. 1,000 – from ISK 6,980 to ISK 5,980. In 2008, on the other hand, it did cost ISK 12.450 (EUR 83) to register a .is-domain name!

The increase in the annual fee is necessary to keep up with the constant increase in operating cost – especially labor costs – which has risen enormously in Iceland in recent six years, or just over 42% according to Statistics Iceland.*

Jens Pétur Jensen, Managing Director.

* Wage index of employees in the general labor market: January 2015: 74.3. January 2021: 106.0.

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