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    Working hours in Norway – calculation based on a fixed average

    By Erik Engeland - Lawyer 8. July 2021

    Calculation of working hours based on a fixed average means that employees can work more for a period of time, provided that they receive the corresponding time off duty later as compensation. Such a scheme may reduce the number of overtime hours. Here are the rules you, as an employer, need to know.

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    Topics: Labour Law, Work in Norway, Business in Norway

    EU Taxonomy screening criteria – New approvals by the European Commission 21 April 2021

    By Terese Eriksen Eldholm - Associate lawyer 24. June 2021

    The EU Taxonomy sets out four main conditions for an economic activity to qualify as environmentally sustainable. One of these conditions is that the activity complies with technical screening criteria established by the European Commission.

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    Topics: Business in Norway, Sustainability

    Business in Norway: Hiring-out of labour or construction and assembly contract?

    By Inger Lise Løvneseth - Partner 17. June 2021

    To distinguish between hiring-out of labour and a construction and assembly contract is important to prevent unforeseen surprises from the tax office in Norway.

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    Topics: Work in Norway, Business in Norway

    9 things to remember for a foreign company hiring a Norwegian employee to work in Norway

    By Christina Fahle - Lawyer 3. June 2021

    Are you representing a foreign company and are looking to hire a Norwegian to work in Norway? How do you make sure you are compliant with the Norwegian rules?

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    Topics: Labour Law, Work in Norway, Business in Norway

    Doing business in Norway - subsidies for businesses looking to go green

    By Henrik Moen - Associate lawyer 29. April 2021

    To promote sustainability and green growth, the Norwegian government and certain private organizations are granting subsidies to companies who can document an eco-friendly way of doing business.

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    Topics: Business in Norway, Sustainability

    Filing of the 2020 corporate tax return in Norway

    By Martin Wikborg - Partner 15. April 2021

    All businesses that operated in Norway in 2020 must file the corporate tax return by 31 May 2021. An extended deadline may be granted upon application.

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    Topics: Corporate Taxes, Tax return in Norway, Business in Norway

    Remember to file your extract of accounts to the Norwegian tax administration

    By Inger Lise Løvneseth - Partner 8. April 2021

    All companies that have assets or receive income in Norway must submit an annual tax return. This annual tax return must include, an extract of accounts related to the company’s Norwegian turnover/activity.

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    Topics: Corporate Taxes, Tax return in Norway, Business 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

    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

    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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