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.
0 Kommentarer Click here to read or write a comment
Topics: Corporate Taxes, Tax return in Norway, Business in Norway
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.
0 Kommentarer Click here to read or write a comment
Topics: Corporate Taxes, Tax return in Norway, Business in Norway
Do you have employees who performed work in Norway in 2020? Don’t forget the annual wage report.
0 Kommentarer Click here to read or write a comment
Topics: Corporate Taxes, Work in Norway
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.
1 Kommentar Click here to read or write a comment
Topics: Corporate Law, Corporate Taxes, VAT, Labour Law, Work in Norway, Tax return in Norway, Business in Norway
Foreign enterprises that direct their business towards the Norwegian market will at some point face Norwegian VAT regulations and must know how to act. Learning the basics of Norwegian VAT regulations enables you to get the VAT deductions you are entitled to and can also help you to avoid expensive mistakes.
0 Kommentarer Click here to read or write a comment
Topics: Corporate Taxes, VAT, Business in Norway
Enterprises doing business in Norway are not entitled to deduct input VAT for their acquisitions until the enterprise is formally registered for VAT. An ordinary registration can, as a main rule, only take place after a Norwegian turnover is documented. In the stage of starting up the Norwegian division, this delay can be both unpractical and offer a significant liquidity disadvantage.
0 Kommentarer Click here to read or write a comment
Topics: Corporate Taxes, VAT, Business in Norway
On October 7, 2020, the Norwegian Government presented its national budget for 2021. The national budget makes several changes to taxes and fees in Norway. In this bog post we are summarizing the temporary exception from limited tax liability for home office work.
0 Kommentarer Click here to read or write a comment
Topics: Corporate Taxes, Corona virus
Norway is about to introduce withholding tax on interest, royalties, and certain lease payments.
On October 7, 2020, the Norwegian Government presented its national budget for 2021, including several changes to the tax rules in Norway.
0 Kommentarer Click here to read or write a comment
Topics: Corporate Taxes, Business in Norway
From 2019, a new and simplified tax scheme is available for foreign workers in Norway. The scheme is called PAYE (Pay As You Earn). Most foreign workers will fall under this scheme the first year they work in Norway.
2 Kommentarer Click here to read or write a comment
Topics: Corporate Taxes, Work in Norway, Tax return in Norway, Business in Norway
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.
0 Kommentarer Click here to read or write a comment
Topics: Corporate Law, Corporate Taxes, VAT
