Reasons to Establish a Business in Norway

Reasons to Establish a Business in Norway

Grow Your Business Abroad

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checklist of reasons to start a business in norwaychecklist of reasons to start a business in norway
checklist of reasons to start a business in norwaychecklist of reasons to start a business in norway
checklist of reasons to start a business in norwaychecklist of reasons to start a business in norway

Vat, Tax & Legal Matters

3 Reason's of International Obligations

VAT Liability

In Norway, VAT liability starts when turnover exceeds NOK 50,000 in 12 months, requiring VAT registration.

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Tax Liability

In Norway, tax liability means companies must report income and pay corporate tax on profits

Legal jurisdictions define the geographic or legal areas where specific laws and regulations apply

Legal Jurisdictions
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checklist of reasons to start a business in norwaychecklist of reasons to start a business in norway

You Can Benefit From Our Services

Through Talent and Workforce

Using influencers in Norway

Using influencers in Norway requires a registered company, contracts under Norwegian law, and compliance with the Marketing Control Act on transparency and advertising labels

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Hiring in Norway

Hiring in Norway requires company registration, employee reporting, payroll via tax authorities, and contracts under Norwegian law

Temporary employment in Norway requires a registered company, contracts under Norwegian law, and reporting to tax and labor authorities

Temporary Employment in Norway
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checklist of reasons to start a business in norwaychecklist of reasons to start a business in norway

You Can Benefit From Our Services

Through Digitalisation and Government Protection

Norwegian Bank ID

Norwegian Bank ID for verification of users or mandatory digital services

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Requiring a Norwegian .no Domain

Requiring a Norwegian .no domain means Brand Protection from Norid, which demands a Norwegian business entity

Requiring a Norwegian telephone number needs a local provider, Norwegian ID and entity

Get a Norwegian Telephone Number
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checklist of reasons to start a business in norwaychecklist of reasons to start a business in norway

Invest In Norway

Reason for Desire - Grow Your Business Abroad

checklist of reasons to start a business in norwaychecklist of reasons to start a business in norway
checklist of reasons to start a business in norwaychecklist of reasons to start a business in norway
checklist of reasons to start a business in norwaychecklist of reasons to start a business in norway
checklist of reasons to start a business in norwaychecklist of reasons to start a business in norway

At a Glance Norway’s Key Numbers

Stable Norwegian Economy

For Future Generations

Norway’s Oil Fund, managed by NBIM, is the world’s largest sovereign wealth fund, investing oil revenues globally for future generations

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Macro & Micro Economy

Norwegian microeconomics concerns households, firms, and prices, while macroeconomics covers GDP, inflation, employment, the krone, and the oil fund

Norway’s 5.5M people face aging, low fertility, high life expectancy, and steady immigration shaping workforce and welfare

Norwegian Demographic
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checklist of reasons to start a business in norwaychecklist of reasons to start a business in norway

You Can Benefit From Our Services

Through Company Registration, Transport and Custom Setup

International Profile

To incorporate in another country means formally registering your company abroad to gain legal presence and strengthen its international business profile

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Transport & Logistics

With a Norwegian registered entity, transport and logistics become easier for your company and customers

DigiToll streamlines customs clearance, so with a Norwegian entity your goods move faster and the toll flow becomes more predictable

Norwegian e-Customs
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checklist of reasons to start a business in norwaychecklist of reasons to start a business in norway

You Can Optimise From Our Services

Through Sales Agreements and Logistics Setup

Having the Right Terms

Incoterms define delivery and risk responsibilities; with a registered entity in Norway, they can lower costs, simplify compliance, and give clearer terms for your business

checklist of reasons to start a business in norwaychecklist of reasons to start a business in norway
Return Logistics

Return logistics in Norway become simpler with a local entity. Customers can return goods domestically, while your business saves on costs for shipping, storage, and customs handling

Norwegian Customs Credit allows companies to defer import duties and VAT. Setup requires registration with Norwegian Customs and approval of a credit account linked to the company

Norwegian Customs Credit
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checklist of reasons to start a business in norwaychecklist of reasons to start a business in norway

Trends Tactics & Tenders

3 Reason's for Selling Into Norway

E-Commerce Sales

In Norway, VAT liability starts when turnover exceeds NOK 50,000 in 12 months, requiring VAT registration.

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B2B & B2C Sales

A differentiated sales strategy for B2B and B2C combines own webshops with external distributors

Having a Norwegian entity improves eligibility, credibility, and chances of winning public tenders

Public Tender
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checklist of reasons to start a business in norwaychecklist of reasons to start a business in norway

Foreign Ownership & Direct Investment Into Norway

3 Economic Reason's for Direct Investment in Norway

Financial Support

With a Norwegian entity, you can access financial support schemes from Innovation Norway and the Research Council of Norway

checklist of reasons to start a business in norwaychecklist of reasons to start a business in norway
Competition under different conditions

In Norway, tax liability means companies must report income and pay corporate tax on profits

The VOEC VAT scheme is not a Norwegian entity, so market entry strategy must be planned carefully

VOEC Scheme
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checklist of reasons to start a business in norwaychecklist of reasons to start a business in norway

Expert Guidance for Market Entry Into Norway

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FinTech as a Secure Payment Method

EHF - Point of Sale - Cash

Electronic Trading Format

A Norwegian entity is mandatory to issue EHF invoices to the state

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Cross Border Payments

Vipps MobilePay enables Nordic B2B payments in online stores, but requires a Norwegian entity

For B2C sales in Norway, having a Norwegian entity is crucial for smooth payments and building consumer trust

Payment & Receivables
checklist of reasons to start a business in norwaychecklist of reasons to start a business in norway
checklist of reasons to start a business in norwaychecklist of reasons to start a business in norway

E-Commerce Norway Insights

Grow Your Business Abroad

checklist of reasons to start a business in norwaychecklist of reasons to start a business in norway
checklist of reasons to start a business in norwaychecklist of reasons to start a business in norway
checklist of reasons to start a business in norwaychecklist of reasons to start a business in norway
checklist of reasons to start a business in norwaychecklist of reasons to start a business in norway

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