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The Magnus Legal Blog

Are you planning a business project in Norway? Our legal team has extensive experience assisting foreign companies with legal matters. With our expertise and practical insights, we ensure your success in navigating Norwegian business operations. We're here to help your business thrive. Check out our blog to learn more.

Elisabeth Årstad Gilje11. November 2024

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 ...
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Henrik Moen - Lawyer6. November 2024

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 ...
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Terese Eriksen Eldholm - Lawyer4. November 2024

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 ...
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Linn Jordahl Moastuen - Lawyer1. November 2024

How to set up a Private Limited Liability Company (AS) 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 ...
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Christian Lyngholm Fjeldsøe - Lawyer1. November 2024

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 ...
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Linn Jordahl Moastuen - Lawyer25. October 2024

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 ...
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Sigbjørn Sørensen - Lawyer & partner18. October 2024

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 ...
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Linn Jordahl Moastuen - Lawyer18. October 2024

The 2025 national budget: Key changes to business taxation

The government has proposed several important changes to business taxation in the 2025 national budget. Among the key proposals is removing the additional ...
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Elisabeth Cramer - Lawyer18. October 2024

Wealth tax changes in the 2025 national budget

The government proposes several changes to the wealth tax in the 2025 national budget that will affect both individuals and business owners. The basic ...
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Axel Bjørke - Associate lawyer11. October 2024

Personal taxation: Tax-free limit for surplus electricity income

The Ministry of Finance has proposed new tax rules in the 2025 national budget to sell surplus electricity from private homes. The tax-free income limit is NOK ...
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Axel Bjørke - Associate lawyer11. October 2024

Changes to the tax residency rules for dispatched and NATO employees

The Government Proposes Changes to the Tax Residency Rules for dispatched and NATO Employees The government has proposed changes to the rules regarding tax ...
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Axel Bjørke - Associate lawyer9. October 2024

Updates on the personal taxes and fees in the National Budget 2025

In the proposed 2025 national budget, the government suggests several changes to personal taxation. The maximum tax rate for wage earners remains at 47.4%, ...
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