Investors who intend to open a Norwegian company might be interested as well in some of the advantages provided by the workforce in Norway. The Norwegian population is in its majority highly qualified and educated. This gives companies multiple options for the choice of trained personnel, who can deal easily with jobs in various…
The CIT or the tax imposed on corporate income in Norway, has continued to decrease since 2000 now reaching the lowest rate in the past 20 years. The general amount charged for companies is of 24%, with a few exceptions such as the financial sector, for which the tax rate is…
The taxation system of Norway is very efficient and at the same time very well calculated in order to maintain an continuous investment flow in the economy of the country. The standard rate for VAT is of 25%, but there are as well some reduced rates of 15%, 12%, and 0% which are applied…
Why open a holding company in Norway? A holding company is a parent company which holds the shares and has control of its subsidiaries companies. A holding company is often used as an investment vehicle and risk management tool. There are a number of merits of opening a holding company in Norway. In terms…
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…
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…
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.…
How to open a company in Norway In order to incorporate a company in Norway the investors must draft thearticles of association and other documents such as specimen signatures, special forms or passport copies of the persons interested to open a company in this country. Our specialists in company formation in Norway can assist in draftingthe…
