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Why Invest in Norway

Why Invest in Norway

A founding member of the United Nations, Norway has a long tradition in international cooperation. Although this country is not a European Union member, it has a special economic relation to the EU. Norway is also part of the EFTA (European Free Trade Association) and the Schengen Agreements, benefiting from…
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Shelf Companies in Norway

Shelf Companies in Norway

Shelf companies, sometimes called ready-made companies, are already established enterprises, very attractive for investors. Thanks to their business maturity, shelf companies provide several advantages such as the acquiring of bank credits in a faster and more simplified fashion. These companies represent an advantageous option for investors interested in starting their business activities in…
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Double Tax Treaties in Norway

Double Tax Treaties in Norway

Double tax agreements signed by Norway Norway has an extended network of bilateral agreements against the double taxation of incomes and capital of a company with non resident shareholders: Albania, Argentina, Azerbaijan, Australia, Austria, Bangladesh, Barbados, Belgium, Benin, Bosnia and Herzegovina, Brazil, Bulgaria, Cayman Island, Canada, Chile, China, Croatia, Cyprus, Czech Republic, Denmark,…
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Establish a Branch in Norway

Establish a Branch in Norway

A branch opened in Norway offers foreign companies the possibility to merchandise their goods and services in the country and conclude new contracts with local businesses. It is not considered a legal entity, so for the major decisions the approval from the parent company is necessary and the liability for its action is also taken by the parent company…
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Establish a Subsidiary in Norway

Establish a Subsidiary in Norway

Expand a business in Norway Foreign companies willing to extend their portfolio may choose to open a company in Norway. The two most common business forms that a foreign company may open here are the branch offices and subsidiaries. While the branches have no legal personality and must operate under the direct supervision of the parent company, the subsidiary may take its own…
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Types of Norwegian Companies

Types of Norwegian Companies

The first question an entrepreneur must answer is what type of company he can and wishes to register. Depending on the size of the entity, organization form and the minimum share capital, Norway recognizes two main forms of business: companies (with private or public limited liability) or partnerships (general or limited). Foreign businessmen may also set up sole traders, which represent…
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Set up a Private Limited Liability Company in Norway

Set up a Private Limited Liability Company in Norway

Aksjeselskap(AS), the Norwegian private limited liability company, is a company based on a minimum share capital of NOK 30,000 (approximately EUR 3,850) and with limited liability responsibilities of the shareholders. This type of company may be formed by two or more shareholders. Our Norwegian company formation agents can handle the entire process of setting up this type oflegal entity in Norway.…
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