The tax practice at ADVEL Attorneys at Law is led by Ragnar Guðmundsson and Bjarni Þór Bjarnason and gives expert advice to a range of clients, including major financial institutions and tech companies. Ragnar combines his knowledge of corporate and tax law to provide specialised support on corporate due diligence matters, whilst Bjarni brings strong experience in the field. They are regularly supported by Birgitta Saga Jónsdóttir, who provides broad legal experience across a variety of areas, including corporate law, EU law, and IP.
Legal 500 Editorial commentary

Accolades

Client satisfaction: Lawyer & team quality
Client satisfaction: Billing & efficiency

Testimonials

Collated independently by Legal 500 research team.

  • ‘They are able to give in-depth answers if so required.’

Key clients

  • Arion Bank
  • Advania Group
  • VÍS
  • Klappir Green Solutions
  • Rapyd Europe hf.
  • atNorth
  • Öryggismiðstöðin hf.
  • Nasdaq CSD Iceland
  • Alfa framtak
  • Qair Iceland

Work highlights

Advised Vátryggingafélag Íslands on the acquisition of Fossar Investment bank hf.
Advised the first Icelandic search fund, Leitar Capital, and its investment vehicle, Seek, in connection with the first Icelandic search fund investments.
Advised atNorth in a landmark dispute with the tax authorities respecting VAT treatment of cross-border services.

Lawyers

Leading partners

The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

Ragnar Guðmundsson; Bjarni Þór Bjarnason

Other key lawyers

Birgitta Saga Jónsdóttir