This is an English translation.

The original Icelandic text, as published in the Law Gazette (Stjórnartíðindi), is the authoritative text. Should there be discrepancy between this translation and the authoritative text, the latter prevails.

Commerce and Trade Law

Commerce and Trade Law

Lov nr. 48/2003 om forbrugerkøb.

Act No .50/2000 on Sale of Goods. 

Act No. 28/1998 respecting Professional Commerce.

Act No. 103/1992 respecting Commission Sales Transactions.


Act No. 150/2007 on the limitation periods for claims

Act No 46/2000 on Door-to-Door Sales and Distance Contracts.

Act No 90/1999 respecting the Security of Transfer Orders in Payment Systems.

Act No. 134/1995 on Product Safety and Official Market Control.

Act No. 121/1994 on Consumer Credit.

Act No 65/1993 on the Implementation of Invitation to Tender.

Act No 25/1991 on Product Liability.

Act No. 7/1936 on contracts, agency and void legal instruments.

  • Act No. 14/1995 on Amendment of Act No 7/1936, on Making Contacts, Agency and Void Undertakings, with later Amendments (unfair terms).


Electronic Commerce

Act No. 30/2002 on Electronic Commerce and other Electronic Services.

Act No. 28/2001 on electronic signatures.


Services in the internal market of the European Economic Area

Act No. 76/2011 on services in the internal market of the European Economic Area.

  • Regulation No. 668/2011on documents that are exempt from requirements regarding submission of documents in relation to service provision in the internal market of the European Economic Area.
  • Regulation No. 667/2011on general exemptions from the freedom to provide services in Iceland without establishment.
  • Regulation No. 666/2011 on notifications to the EFTA Surveillance Authority in relation to services in the internal market of the European Economic Area.
  • Regulation No. 665/2011 on administrative cooperation of national authorities in the EEA-area in relation to services in the internal market of the European Economic Area.