Vat & Tax

Vat & Taxes in Norway

Grow Your Business Abroad

Vat, Tax & Legal Matters

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VAT Liability

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

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

Tax is an Instrument for Foreign Owners

Compete with tax advantages in Norway

Government Taxes

With a Norwegian entity, Norwegian tax rules apply. Norway also has tax treaties with other countries to avoid double taxation

Competition under different conditions

Foreign business owners do not pay tax on working capital or wealth tax, as Norwegian business owners must

Norway has three VAT rates: 25% standard, 15% on food and beverages, and 12% on transport, culture, and accommodation

Norwegian Vat Rates

Vat On E-Commerce Scheme

The VOEC Scheme and Compliance Requirements

Market Access to Norway

Through Tax Scheme and Entity

VOEC Scheme

VOEC is Norway’s VAT scheme for foreign online sellers, covering goods under NOK 3,000. If the VOEC rules no longer apply, a Norwegian entity must be established

Setting up a Branch Office in Norway

Establishing a branch office in Norway ensures full compliance and a solid market entry

Competition is uneven. Norwegian business owners face tax on working capital and wealth, while foreign owners do not

Invest In Norway

Beyond VOEC Scheme

Sell Your Products Into Norway

Wine, Beer, and Spirits

Wine, beer, and spirits are not covered by the VOEC scheme

Excise goods

Excise goods are not covered by the VOEC scheme

Medicines and pharmaceutical products are not covered by the VOEC scheme

Medicines and pharmaceutical

Expert Guidance for Entering the Norwegian Market

These Products Do Not Comply With VOEC.

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Excise Duties

Excise duties apply to specific goods such as alcohol, tobacco, and fuel, and these do not comply with the VOEC scheme

Restricted Goods

Restricted goods do not comply with the VOEC scheme

Nutrition & dietary products are not eligible for VOEC if classified as restricted goods

Nutrition & Dietary

Exports to Norway

Beyond the VOEC Scheme

Singel Items

Single items over NOK 3,000 are not covered by the VOEC scheme

Dangerous Goods

Dangerous goods are not covered by the VOEC scheme

Waste management is not covered by the VOEC scheme

Waste Management

Norwegian Vat, Tax & Reporting

Doing Business In Norway

Norwegian Tax Calendar

The Norwegian Tax Calendar sets deadlines for VAT, corporate tax, advance tax payments, and employer reporting throughout the year

Norwegian Vat Calendar

The Norwegian Tax Calendar includes fixed deadlines for VAT reporting and payment, usually every two months

Annual reporting in Norway includes submitting financial statements and the corporate tax return, usually by the end of July

Norwegian Annual Reporting

Run Your Business Flexibly or Transactionally

Who Can Apply Our Services

No VAT Representative Required

No VAT representative is required for businesses established in the EU, EEA, or EFTA countries

Beneficial Owners

Norway requires registration of beneficial owners in the public register to ensure transparency. A VAT representative is only a transactional model for market access

A Norwegian D Number provides flexibility to manage daily operations, while a VAT representative only handles tax compliance