Everyone living in Europe is influenced by the European Union. This includes not only Member States but also other countries such as Norway and Switzerland as they are bound by treaties with the EU. However, many citizens feel detached from the European Union, or that their interests are not represented. This can in turn result in a lack of trust in the European Institutions.
Foreign businesses with activities in Norway are required to report their assignments and employees to Norwegian tax authorities. The report is filed through an online portal, or by completing and submitting a paper form named RF-1199 for reporting of contract and RF-1198 for reporting of employees.
Total investments in Norway remains at a solid level compared with previous years, and the Covid pandemic appears to have a smaller impact than expected. This means great opportunities for companies in industries such as oil and gas, construction and renewable energy.
At Magnus Legal we are fortunate to work with many very talented and fine colleagues. Here's one of them. Meet Inger Lise Løvneseth.
The European Green Deal is the path of sustainability that the European Union will pursue in the next decades. It will transform the European continent into a modern, resource-efficient, and competitive economy, thereby striving to be the first climate-neutral continent. Even if some of the EU provisions are not directly binding for Norway, businesses in Norway are nevertheless strongly impacted and the overall importance of sustainability cannot be neglected.
What are the best practices to integrate foreign workers successfully? Learn from an expert.
The Norwegian Tax Administration performs identity controls of foreign employees in Norway. This means that all foreigners working onshore in Norway are required to meet at a tax office to verify their identity.
VAT must be paid on purchase of services from abroad If the services are VAT liable in Norway.
On June 24th 2021, the European Parliament adopted the new Climate Act for the EU. Through this new law, the EU is aiming to achieve its goal of becoming climate neutral by 2050.
The Norwegian tax office frequently conducts tax audits. You should therefore not be surprised if this hits you or your company. Our advice is to not panic and lean on professional expertise. Below you will find an overview of your rights and obligations if you become subject to a tax audit.