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.
In this blog post we describe how to establish a private limited liability company in Norway (aksjeselskap).
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.
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.
From 1 January 2021, Norway's relationship with the UK is no longer regulated by the EEA Agreement. This can affect the management of Norwegian companies if the management and/or board members live in the UK or are UK citizens.
It is important that the information in the shareholder register statement is accurate. Incorrect information can lead to the Tax Administration imposing additional tax on the shareholder. Find alt the information you need about the shareholder register statement here.
Topics: Corporate Law
As a foreign multinational doing business in Norway you should be aware of the multitude of compliance obligations you must adhere to. Failure to comply may imply severe sanctions.
Topics: Corporate Law
Anyone that conduct business activities in Norway is liable to register the company with the Norwegian authorities. This also applies even though the activities are not performed by the company itself, i.e. if the entire assignment is contracted out to subcontracts.
It is often difficult to establish whether a foreign company must register for VAT in Norway. Does your company have a sufficiantly strong connection to Norway to trigger registration obligations?
The basic rule is that all Norwegian companies and foreign enterprises conducting business activities in Norway are subject to Norwegian corporate tax.