Business in Norway

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Business in Norway

5 reasons to choose ECIT as your partner

We provide expert guidance throughtout the startup journey, covering registrations, tax, VAT and more
We provide quality assurance through experienced consultants who ensure accurate accounting and timely reporting to authorities
We provide a range of optional services, including income tax returns, annual reports, payroll, HR, and business advisory solutions
We provide a dedicated partner who understands your business and can advise you on development and scalability

Employees

2600

Locations

100

Countries

Reach out to Mohammed

+47 906 00 609

mohammed.ahmad@ecit.no

We offer a wide range of services

ECIT will help you establish your business and enter the Norwegian market — and we have the knowledge and expertise to support you throughout your journey. We offer a wide range of services, including accounting, payroll, IT, and business solutions — all tailored to support your business at every stage of growth, from launch to long-term success.

ECIT Final December 2022 Kyle Meyr LR0016

Starting a business in Norway

Company structure

Business registration

VAT and tax

Bank account

Legal compliance

Company structure

Most international companies choose to establish either a private limited company (AS) or a Norwegian-registered foreign company (NUF). The choice impacts taxation, liability, compliance obligations, and perception in the Norwegian market. With our in-depth knowledge and expertise, we can help you identify the company structure that best aligns with your business goals and ensures compliance in the Norwegian market.

Business registration

All entities must register with the Register of Business Enterprises. An AS submits Norwegian incorporation documents, while a NUF provides documentation from its foreign parent company. ECIT provides full support and guidance through every step of the registration process.

VAT and tax

The company must assess whether it is tax liable in Norway, and register for VAT if annual turnover exceeds NOK 50,000. If the company hires employees, it must comply with payroll reporting (a-melding), withholding tax, and employers social security contributions. These processes can be complex. ECIT ensures you understand the procedures and provides expert guidance to help you navigate each step with confidence.

Bank account

A Norwegian AS must have a minimum share capital of NOK 30,000, which must be deposited into a Norwegian business bank account before registration is finalised. Opening a business bank account can take time for foreign-owned companies and often requires extensive documentation due to anti-money laundering regulations. For a NUF, no minimum share capital is required. ECIT can assist with the entire process, from setting up the bank account to ensuring all requirements are met efficiently.

Legal compliance

Companies with employees in Norway must comply with Norwegian labor laws, including rules related to working hours, contracts, health and safety (HSE), and termination procedures. In some industries, collective agreements or regulatory requirements may also apply. To help you stay compliant, ECIT offers expert support with employment law and any industry-specific regulations or collective agreements that may apply.

Business in Norway

Starting a business in Norway

Business in Norway

5 reasons to choose ECIT as your partner

Starting a business in Norway

Company structure

Business registration

VAT and tax

Bank account

Legal compliance

Let us help you with your business in Norway