Company registration in Norway | ||||
|---|---|---|---|---|
| Name of service | Package Economy | Package Standard | Package Full | |
| Company registration, including the payment of state fees | + | + | + | |
| Registration certificate | + | + | + | |
| Legal address for 1 year | + | + | + | |
| Required nominee director (resident of Norway / EU) | – | + | + | |
| General power of attorney | – | + | + | |
| Apostilled package of constituent documents | – | + | + | |
| Bank account in Rietumu bank | – | – | + | |
| Personal account in the Latvian bank | – | – | + | |
| Accounting service for 1 year | on request | on request | on request | |
| Total cost | 3750 EUR | 5650 EUR | 6150 EUR | |
| Annual service fee | 2850 EUR | 4550 EUR | 4550 EUR | |
Order | Order | Order | ||
Norway, officially the Kingdom of Norway, is a Scandinavian state with constitutional monarchy.
It is located in the Northern Europe which occupies the Western part of Scandinavia.
Norway shares its longest border with Sweden to the East (1619 km), but in the North borders with Finland (727 km) and Russia (196 km).On the South Norway is surrounded by the North Sea, in the West – by the Norwegian Sea and in the North – by the Barents Sea.
Country’s name comes from the Old Norse word “Norðrvegr” -”the path to the north”.
General information
Area – 385 186 sq.km
Population – 5 063 709 Inhabitants
Capital – Oslo
Official language – Norwegian
Systemofficial currency – Norwegian krone (NOK)
Legal form from company
Most common form of legal entity in Norway is Company with limited liability
Joint Liability Company (AS)
Open joint stock company (asa)
Key special
Norway has agreements for prevention of double taxation with following countries:
Australia, Austria , Belgium, Britain , Germany, Greece , Zambia, Denmark, Iceland, Israel, Spain , Italy, Cyprus, Latvia, Lithuania, Luxembourg, Mexico , Netherlands, New Zealand, Russia , USA, Finland, France, Czech Republic , Switzerland , Sweden , Estonia , South Africa , South Korea , Japan.
Corporate law
– „The Law on Limited Liability Companies” 44, 1997
– “The general fiscal law” adopted in 1911,
– “Law on Taxes and other organizations”, adopted in 1991,
– “The Law on the tax on oil,”
– “The Law on the calculation of taxes,” adopted in 1980.
Share capital
Corporation of closed type (AS) – 30 000 NOK;
Open Joint Stock Company (ASA) – 4 000 NOK;
Bank account opening
For Norway Company we offer bank accounts in following countries:
Latvia
Estonia
Lithuania
Switzerland
Cyprus
Denmark
St. Vincent and the Grenadines
Belize
Seychelles
Tanzania
Bosnia
Hong Kong
Dubai
Full list of bank accounts with tariffs you can find here
The main requirements for the directors and shareholders
The legal status of – a legal entity
Founders, Shareholders – minimum one
Status of – private or legal persone
Residence – can be of any country residents
The Governments
Directors – minimum one
Status of – private or legal persone
Residence – can be any EU country residents
Secretary – one (private persone)
* Details of the directors and shareholders are stored in the registry
Taxation
Value added tax – 20%
Income tax – 28%
Income tax on dividends is – 15%
Accountansy
Accounting records must be kept at the physical address of the company.
Annual audit;
Preparation of annual tax returns;
Tariffs for accounting service you can find here
Disclosure of beneficial ownership to government autorities
Not disclosed
Timeframes
New Company registration takes from 1 day.
Shelf companies are available.
For more information, please contact us.