ADVEL Attorneys at Law has ‘exceptional knowledge’ in a wide range of tax matters relating to VAT and corporate tax, M&A transactions, corporate financings, and restructurings, advising domestic and international clients in all business sectors. The practice is jointly led by Ragnar Guðmundsson and Bjarni Þór Bjarnason, who are recognised as leading tax attorneys; both have extensive experience in company and tax law, M&A, and corporate financing work.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'Exceptional knowledge in domestic tax related matters.'
  • 'Ragnar Guðmundsson has exceptional knowledge in domestic tax related matters.'

Key clients

  • Arion Banki
  • Rapyd Europe hf.

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 regarding 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

The lawyer(s) leading their teams.

Ragnar Guðmundsson, Bjarni Þór Bjarnason