Iceland review - 2014, Qupperneq 106

104 ICELAND REVIEW
The Gateway to Iceland
LOGOS—Iceland’s largest law firm— provides services
to local as well as international clients. LOGOS special-
ises in investment in and out of Iceland. In recent years,
LOGOS has consistently been ranked as the leading
firm in Iceland by rating agencies such as Chambers,
Legal 500 and IFLR1000. Moreover, its lawyers have
received numerous awards and recognitions.
When exploring opportunities in a new country,
international investors require local knowledge, not just
local legal assistance. Circumstances differ between
countries and can create difficulties, if only for the
language barriers. “Both international and domestic
investors turn to us for assistance and our objective
is to always provide excellent service and added value
for the client,” explains Helga Melkorka Ottarsdottir,
managing partner at LOGOS.
due to current regulations regarding capital controls,
conducting business in Iceland and transferring funds
to and from the country requires close cooperation
with the Central Bank. LOGOS specializes in guiding
investors in that field and has extensive experience in
protecting its clients interest and ensuring they can
capitalise on opportunities in Iceland.
“The capital controls cause uncertainty which
weighs into investors risk analyses. It is vital for
Iceland to eliminate that uncertainty. It has been a
part of our role since 2008 to guide foreign inves-
tors through these hindrances,” says Ottar Palsson,
a partner at LOGOS and among the team of 10-15
lawyers who specialize in providing legal counsel to
foreign investors.
In addition to Reykjavik, LOGOS has an office in
London, where Gudmundur Oddsson leads a team
of ten English and Icelandic lawyers, specialising in
assisting those interested in investing in Iceland as
well as assisting Nordic investors with their interests
in the UK. “We are the gateway to and from Iceland,”
he says.
International investors recognize many viable opportunities in Iceland but require local
knowledge and guidance when navigating the country’s business environment and
regulations. LOGOS Legal Services has assisted the great majority of international
investors that have invested in Iceland through the years.
Helga melkorka ottarsdottir. gudmundur oddsson.ottar Palsson.