Business opportunities in Norway
Anyone who is not a citizen of an EU/EEA country and plans to do business in Norway must have a residence permit that allows them to work in Norway. Information about the conditions and requirements for obtaining a residence permit can be found on the official website of the Norwegian Directorate of Immigration (UDI) at the link: https://www.udi.no/en/.
Business registration in Norway is done through the Bronnøysund Register Center. The register provides an organization number, which is necessary for concluding contracts, invoicing, reporting, contacts with Norwegian public authorities, etc. Non-residents can apply for an identification number at the same time as the company registration is completed.
The entire process of registering a company and obtaining an identification number can be done online. At the same time, taking into account the language factor (the vast majority of necessary forms and applications must be filled out exclusively in Norwegian), it is worth considering the possibility of involving in the company registration process one of the Norwegian firms that specialize in this matter.
Altinn www.altinn.no is the official website that provides all the information about opening and running a business in Norway. The filling of various forms, as well as contacts with Norwegian government institutions, are usually carried out via the Internet portal www.altinn.no.
There are specific procedures and features for creating and registering each type of company, in particular:
• sole proprietorship https://www.altinn.no/en/start-and-run-business/planning-starting/registration-of-the-enterprise/starting-and-registering-a-sole-proprietorship/;
• private limited company (AS) https://info.altinn.no/en/start-and-run-business/planning-starting/registration-of-the-enterprise/starting-and-registering-a-private-limited-company-as/;
• general partnership (ANS/DA) https://www.altinn.no/en/start-and-run-business/planning-starting/registration-of-the-enterprise/Starting-and-registering-a-general-partnership-ANS-DA/;
• cooperative (SA) https://www.altinn.no/en/start-and-run-business/planning-starting/registration-of-the-enterprise/starting-and-registering-a-cooperative-sa/;
• association https://www.altinn.no/en/start-and-run-business/planning-starting/registration-of-the-enterprise/starting-registrering-an-association/;
- public limited company (ASA) https://www.altinn.no/en/start-and-run-business/planning-starting/registration-of-the-enterprise/starting-a-public-limited-company-asa/;
- Norwegian branch of a foreign company (NUF) https://www.altinn.no/en/start-and-run-business/planning-starting/registration-of-the-enterprise/starting-a-norwegian-branch-of-a-foreign-company-nuf/.
Detailed information on paying taxes in Norway can be found on the official website of the Norwegian Tax Administration at the link: https://www.skatteetaten.no/en/business-and-organisation/vat-and-duties/vat/.
The Norwegian Tax Administration offers free special tax courses for those who have recently established a business in Norway. For more details, see the link: https://www.skatteetaten.no/en/business-and-organisation/start-and-run/new-as-a-business/courses-for-new-businesses/.
