Key considerations for drafting Norwegian employment contracts
As an employer in Norway, you are obliged to draw up a written employment contract in all employment relationships, and there are specific legal requirements ...
Tax guidance for Norwegian residents with an IRA
If you previously worked in the United States, it is not unlikely that you or your employer invested funds into your retirement savings through an Individual ...
Employees vs. Subcontractors: The importance of proper classification
Companies doing business in Norway face unique challenges, especially regarding the classification of workers as employees or subcontractors. Understanding ...
When terminating an employee becomes necessary
As an employer responsible for your employees, you may find yourself in challenging situations where an employee fails to meet expectations. Perhaps the ...
Hearing Proposal: Repeal of voluntary tax return correction rules
The Ministry of Finance has recently proposed to repeal the current rules for voluntary correction under the Tax Administration Act. This implies that ...
Why correct accounting is essential for business success in Norway
Norway offers an appealing business environment that continues to attract a growing number of international companies. However, Norway's distinctive accounting ...
What rules apply to company transactions with related parties?
If you run a limited liability company, you will likely engage in various agreements with suppliers, customers, and other business partners. Typically, the ...
Norway increases minimum wage rates across key industries
Norway has updated minimum wage standards across multiple sectors, including construction, electricians, cleaning, and shipping, with the changes taking effect ...
Brief Guide: Setting up a private limited liability company in Norway
Starting a private limited liability company, known as an “aksjeselskap” (AS) in Norway, is a popular choice among Norwegian and foreign investors and ...
How does company car taxation work for foreign companies in Norway?
Understanding local company car taxation is essential for foreign companies operating in Norway with employees who use company cars. Norwegian tax authorities ...
Lost crypto to fraud or hacking? You may qualify for a tax deduction!
Are you one of the unfortunate ones who have lost funds or cryptocurrency due to fraud, "rug pulls," or similar incidents? You are not alone. However, you can ...
The 2025 national budget: Key tax and duty changes
On October 7, 2024, the Støre Government presented the national budget 2025. Although the government plans to increase oil revenues, only minor changes have ...