Corporate and Commercial Law
Corporate law is a cornerstone of business operations in Iceland. A sound legal framework for the establishment and operation of companies ensures legal certainty, prevents disputes, and fosters successful business practices and strong relationships between owners.
Expert Knowledge and Experience
For decades, LEX Law Firm has provided clients with comprehensive advice on corporate law.
When establishing a company, numerous factors must be considered, and the choice of corporate form depends greatly on the founders’ future plans. After incorporation, it is essential to ensure that decisions within the company comply with applicable laws and regulations, as corporate legislation offers clear guidance in this respect.
In recent years, stakeholders in companies have increasingly turned to the courts to resolve internal disputes. LEX has taken a leading role in Iceland, representing clients at all levels of the judicial system—often in cases involving breaches of minority shareholder rights.
When buying, selling, or merging companies, the rules of corporate law once again come to the fore. LEX’s extensive experience benefits clients across both small and large, domestic and international transactions.
Additionally, LEX assists clients with selecting financing options, raising or reducing share capital, and obtaining convertible loans, as well as advising on financial restructuring and the formation of corporate groups. The firm provides guidance on mergers and/or acquisitions, alongside handling corporate divisions, liquidations, and changes to legal entity forms.
LEX also has wide-ranging experience with listing companies on the stock exchange, drafting prospectuses, and liaising with exchanges and regulators, as well as advising on changes to governance structures and articles of association. Finally, we safeguard the interests of companies and/or shareholders, oversee shareholder and annual general meetings, and thereby ensure secure and efficient corporate decision-making.
