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Tax Tax matters for businesses. Customs Guidelines for the commercial import and export of goods from the Faroe Islands. VAT Guidelines regarding VAT, VAT registration and other Faroese VAT matters. Starting a business Practical information for starting your own business in the Faroe Islands. Parental benefits Employers that pay salary to their employees on parental leave, are entitled to reimbursement from Barsilsskipanin. Vinnuskráin Vinnuskráin is TAKS' business register. Forms Find all TAKS forms in PDF format.