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    A brief guide to your Norwegian tax return

    By Inger Lise Løvneseth - Partner 4. March 2021

    Anyone who receives income from work in Norway or on the Norwegian continental shelf, is required to file a Norwegian tax return.

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    Topics: Work in Norway, Tax return in Norway

    Establishing a private limited liability company in Norway

    By Christian Lyngholm Fjeldsøe - Lawyer 25. February 2021

    In this blog post we describe how to establish a private limited liability company in Norway (aksjeselskap).

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    Topics: Corporate Law, Business in Norway

    Import to Norway – VAT and customs

    By Synnøve Sørdal - Partner 18. February 2021

    Norway is not a member of the European Union (EU), but it is a member of the European Economic Area (EEA). This means that transactions of goods across Norwegian borders and to or from the EU will be regarded as import or export supplies. This, in turn, creates a few challenges you should observe before entering into an agreement with a company established in Norway. 

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    Topics: VAT, Business in Norway

    Workforce reductions in Norway: Be aware of the employee rights!

    By Erik Engeland - Lawyer 11. February 2021

    Historically, the unions and employees in Norway have a strong position. This is particularly evident in the strict procedures that must be followed, and in the numerous rights employees in Norway enjoy in situations of workforce reductions. Even if the employer’s economic situation is critical, it is important to follow the correct procedures in order to avoid potential claims.

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    Topics: Labour Law, Work in Norway

    Rules and requirements regarding entry to Norway

    By Christian Lyngholm Fjeldsøe - Lawyer 10. February 2021

    As a general rule, EEA workers have the right to enter and work in Norway. However, during the ongoing pandemic, there are temporary restrictions on the entry to Norway. Furthermore, requirements regarding testing and registration apply. In this blog post we will explain these rules and requirements.

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    Topics: Corona virus

    Norwegian quarantine rules for foreign workers, and the exemptions

    By Christian Lyngholm Fjeldsøe - Lawyer 10. February 2021

    Updated 10 February 2021: In the current situation, the corona virus causes constant changes in the restrictions regarding quarantine rules. For foreigners it can be difficult to know which quarantine rules apply when arriving in Norway. The purpose of this blog post is to clarify the rules for quarantine.

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    Topics: Corona virus

    How to choose the right corporate structure in Norway

    By Martin Wikborg - Partner 4. February 2021

    Foreign multinationals that wish to expand their activities to Norway must consider which kind of legal entity and corporate structure they should use. The choice may have impact on the success in doing business in Norway as well as a multitude of legal and compliance implications.

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    Topics: Corporate Law, VAT, Business in Norway

    EU taxonomy: Sustainability becomes a prerequisite for finance

    By Terese Eriksen Eldholm - Associate lawyer 28. January 2021

    The European Union recently passed new regulations on sustainable finance. As a result of the new regulations, companies in all industries are forced to be more sustainable in order to obtain financial funding. It is expected that the regulations will be implemented in Norwegian law during the first half of 2021. The implementation will be of great importance for companies operating in Norway.

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    Topics: Business in Norway, Sustainability

    Annual wage report in Norway

    By Christina Fahle - Lawyer 21. January 2021

    Do you have employees who performed work in Norway in 2020? Don’t forget the annual wage report.

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    Topics: Corporate Taxes, Work in Norway

    Do the right things when doing business in Norway

    By Martin Wikborg - Partner 14. January 2021

    Non-Norwegian enterprises doing business in Norway will find that the basic Norwegian compliance obligations are rather burdensome. Failure to comply commonly may results in severe sanctions. As always, it is better to do the right things from the beginning than to tidy up afterwards.

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    Topics: Corporate Law, Corporate Taxes, VAT, Labour Law, Work in Norway, Tax return in Norway, Business in Norway

    Welcome to the Magnus Legal blog

    We share relevant and applicable information related to doing business in Norway. Our lawyers focus on the practical implications for our clients of relevant business legislation, such as how to tender, how to draft and win contracts in Norway, how to establish and operate a Norwegian business and how to comply with the tax regulations.

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