This memorandum is intended to provide information on measures undertaken by the Icelandic government in response to disruption of businesses on account of the SARSCoV2 virus. The memo will be updated as the occasion arises. Status as on Tuesday 31 March 2020 On 31 March 2020, the Icelandic Parliament (Althingi) passed amendments to various laws in order to implement the government´s announced measures in response to COVID-19. The following is a brief overview of the said amendments, primarily focused don the business environment. 1) Amendments to the Act No 45/1987, on the Withholding of Public Levies at Source. Deferral of payment...
LEX Law Offices
Overview
The firm: LEX is one of Iceland’s leading law firms, providing clients with a comprehensive, range of services on a wide spectrum of financial, corporate and commercial issues, as well as other aspects of the law.
It is the firm’s policy to meet the legal requirements of its clients in the context of ever-changing local and international markets.
Founded in 1959, LEX has over the past decades successfully acted on behalf of a large number of internationally respected corporations, organisations and private individuals both in Iceland and abroad.
Among LEX’s clients are major local and international banks, financial institutions, merchants and ship owners, along with a large number of municipalities, government organisations, insurance companies, manufacturers, businesses, media outlets, utilities and private individuals.
LEX is a member of NEXTLAW, World Services Group , Energy Law Group (ELG), INTA and ECTA.
Notable
Areas of Practice
Representative Clients
Professionals
Partners

Jonas Adalsteinsson
Partner
Eva M Aevarsdottir
Partner
Gudjon Armannsson
Partner
Erla Arnadottir
Partner
Thorhallur Bergmann
Partner
Birgir M Bjornsson
Partner
Kristin Edwald
Partner
Fanney Frimannsdottir
Partner
Gardar V Gunnarsson
Partner
Orn Gunnarsson
Managing Partner
Olafur Haraldsson
Partner
Lilja Jonasdottir
Partner
Lara Herborg Olafsdottir
Partner
Stefan O Olafsson
Partner
Gudrun Lilja Sigurdardottir
Partner
Oskar Sigurdsson
Partner
Gudmundur Ingvi Sigurdsson
Partner
Eyvindur Solnes
Partner
Arnar Stefansson
PartnerAttorneys

Sigurdur Agustsson
Attorneys
Gunnar Benediktsson
Attorney
Hjalti Geir Erlendsson
Attorneys
Kara B Fannarsdottir
Attorneys
Teitur Gissurarson
Attorney
Bragi Dor Hafthorsson
Attorneys
Benedikta Haraldsdóttir
Attorney
Sigridur Harradottir
Attorneys
Heidur Heimisdottir
Attorney
Gudmundur H Helgason
Lawyer
Kristinn I. Jonsson
Lawyer
Maria Kristjansdottir
Attorneys
Fjolnir Olafsson
Attorneys
Arnaldur S. Stefansson
Lawyer
Hildur Sveinsdottir
Lawyer
Helgi Thor Thorsteinsson
AttorneyOf Counsel

Thorunn Gudmundsdottir
Of Counsel
Vidir S Petersen
Of CounselOther

Einar Sveinn Ingolfsson
Chief Financial Officer
Arni Freyr Sigurdsson
LawyerArticles
Press
Chambers and Partners rank LEX as a leading firm
For more than 20 years Chambers and Partners have published directories on leading firms in most of the countries in the world. Their ranking for 2023 for Global is now available. LEX is ranked as a Leading Firm in Iceland. Chambers global ranking is in the Corporate / Commercial and Dispute Resolution categories. The Corporate / Commercial team is described as following: „LEX Law Offices boasts a broad corporate and commercial offering, including public M&A and ECM mandates. The law firm also possesses high-level expertise in banking and finance. The lawyers additionally assist with the compliance and regulatory aspects of transactions...
Chambers and Partners rank LEX as a leading firm
For more than 20 years Chambers and Partners have published directories on leading firms in most of the countries in the world. Their ranking for 2023 for Global is now available. LEX is ranked as a Leading Firm in Iceland. Chambers global ranking is in the Corporate / Commercial and Dispute Resolution categories. The Corporate / Commercial team is described as following: „LEX Law Offices boasts a broad corporate and commercial offering, including public M&A and ECM mandates. The law firm also possesses high-level expertise in banking and finance. The lawyers additionally assist with the compliance and regulatory aspects of transactions...