Best Business Lawyers in Iceland

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Landslög

Landslög

Reykjavik, Iceland

Founded in 1971
50 people in their team
Icelandic
English
Landslag law firm has comprehensive knowledge and experience in all major areas of law. Landslagi's customers are thus offered specialized advice that has produced remarkable results.Companies, domestic and foreign, municipalities and public sector organizations have taken advantage of Landslagi's...
Réttur

Réttur

Reykjavik, Iceland

Founded in 2002
50 people in their team
Icelandic
English
The roots of the law can be traced back to 1969, when Ragnar Aðalsteinsson founded his law firm. The co-owners of Ragnar í Rétti are Sigurður Örn Hilmarsson, Sigrún Ingibjörg Gísladóttir, Védís Eva Guðmundsdóttir and Kári Hólmar Ragnarsson. Ever since the institution was founded,...
LLG Lögmenn

LLG Lögmenn

Reykjavik, Iceland

Founded in 2013
50 people in their team
Icelandic
English
Andri Vilhjálmur Sigurðsson joined LLG Lögmenn (formerly Lögmenn Lækjargatu) in 2013 and has been one of the company's owners since then. Before that, Andri had worked as a lawyer at Kaupþing bank hf. from 2000-2007 and in Luxembourg from 2007. First for Kaupthing Bank Luxembourg SA in...
Reykjavik Law Firm

Reykjavik Law Firm

Reykjavik, Iceland

Founded in 2000
50 people in their team
Icelandic
English
Our services are based on the wealth of knowledge and experience that our attorneys have gathered over the years. Our team can provide specialized and professional services in a multitude of diverse sectors of the law.Our attorneys are experts in litigation and defend the interests of our clients...
Nordik Legal Services

Nordik Legal Services

Reykjavik, Iceland

Founded in 2010
50 people in their team
Icelandic
English
ABOUT USSince its establishment in 2010, Nordik Legal has been leader in providing of services to both Icelandic and international business, particularly in among other the field of mergers and acquisitions,  corporate finance,  corporate law, and domestic and international tax law....
LAW FIRM VALDIMARSSON

LAW FIRM VALDIMARSSON

Reykjavik, Iceland

Founded in 2020
50 people in their team
Icelandic
English
Quality and personal serviceAt Lögmannsstofon Valdimarsson, it is guaranteed that our clients always receive the best service available, from professionals in the area of ​​law that is needed. Our customers can trust that their case will receive the attention it requires.The serviceÓmar...
Lagahvoll

Lagahvoll

Reykjavik, Iceland

Founded in 2012
50 people in their team
Icelandic
English
About LagahvollLagahvoll is an independent law firm with strong focus on impartiality and independence. We offer specialised legal services with an emphasis on commercial and financial law.We represent both large and small companies as well as individuals, including professional investors. Our...
Jonatansson & Co. Legal Services

Jonatansson & Co. Legal Services

30 minutes Free Consultation
Reykjavik, Iceland

Founded in 1984
6 people in their team
English
Icelandic
Danish
Jonatansson & Co Legal Services is a full service Law Firm with emphasize on assisting businesses and various organisational entities in litigation and dispute resolution of various kind, in almost every field of the law.Jonatansson & Co is a dynamic independent law firm willing and...
OPUS Legal Service

OPUS Legal Service

Reykjavik, Iceland

Founded in 2006
50 people in their team
Icelandic
English
OPUS Legal Services take pride in providing clients with reliable, personal advice and professional legal counseling. We represent individuals as well as corporate and institutional clients from several different countries in addition to Iceland.OPUS Legal Services take pride in providing...
LAGASTOÐ

LAGASTOÐ

Reykjavik, Iceland

Founded in 1979
50 people in their team
Icelandic
English
We advise individuals, families, businesses, financial institutions, and government bodies on Icelandic and EEA-Law and represent our clients’ interests before public agencies and in the courts. We have vast experience advising on legal issues pertaining to finance, real estate, and tax, with a...
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About Business Law in Iceland

Business in Iceland is governed by a combination of local laws and regulations that aim to foster a competitive and transparent market. As a member of the European Economic Area, Iceland follows many of the same principles and regulations as other European countries, but there are also unique aspects to consider when conducting business in Iceland.

Why You May Need a Lawyer

Legal advice may be necessary in various situations when conducting business in Iceland. Some common reasons for seeking legal help include forming a new business entity, drafting contracts, dealing with employment issues, handling disputes with clients or partners, and ensuring compliance with local regulations.

Local Laws Overview

Key aspects of Icelandic business law include company formation, contract law, tax regulations, employment laws, competition rules, data protection, and intellectual property rights. It is important to be aware of these laws and regulations to operate legally and efficiently in Iceland.

Frequently Asked Questions

Q: How do I register a business in Iceland?

A: To register a business in Iceland, you need to submit an application to the Icelandic Company Registry and comply with the necessary legal requirements.

Q: What are the tax implications for businesses in Iceland?

A: Businesses in Iceland are subject to corporate income tax, VAT, and other taxes. It is advisable to consult with a tax lawyer or accountant to ensure compliance with tax regulations.

Q: How can I protect my intellectual property in Iceland?

A: Intellectual property rights can be protected through patents, trademarks, copyrights, and trade secrets. Consulting with an IP lawyer can help you navigate the legal framework for intellectual property in Iceland.

Q: What are the employment laws in Iceland?

A: Icelandic employment laws regulate aspects such as working hours, holidays, minimum wage, termination procedures, and employee rights. It is essential to be familiar with these laws when hiring employees in Iceland.

Q: What is the competition law in Iceland?

A: Competition law in Iceland aims to prevent anti-competitive practices, such as cartels and abuse of dominant market position. Understanding these laws is crucial for businesses operating in Iceland.

Additional Resources

For legal assistance and guidance on business matters in Iceland, you can contact the Icelandic Bar Association, the Icelandic Chamber of Commerce, or seek referrals from the Icelandic Ministry of Industries and Innovation.

Next Steps

If you require legal advice related to business in Iceland, it is recommended to consult with a reputable law firm or lawyer specializing in business law. They can provide tailored advice and support to help you navigate the legal landscape and protect your interests.

Lawzana helps you find the best lawyers and law firms in Iceland through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Business, experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in Iceland—quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.