Types of companies in Norway
- Limitedliabilitycompany(Aksjeselskap – AS)
- Responsibility
- Minimum capital
- Min. number of shareholders
- Generally, recommended for
- Limitedliabilitycompany(Aksjeselskap – AS)
- Limited
- 3,000 €
1
SMB
- Public limited liability company(Allmenne aksjeselskap – ASA)
- Limited
- 100,000 €
1
SMB
- Shared responsibility partnership (Ansvarslig selskap med delt ansvar – DA)
- Unlimited
- No min.
2
- Generally, recommended for
- Generalpartnership (Ansvarslig selskap – ANS)
- Unlimited
- No min.
2
- Generally, recommended for
- Exclusive property (Enkeltmannsforetak)
- Unlimited
- No min.
1
Sole holder
Corporate tax rate in Norway
In Norway, the corporate tax rate is 23%. However, for the financial sector it is 25%.
Questions
Why should I incorporate my company in Norway?
- There are oil deposits.
- Sovereign funds are substantial: 250% of the GDP.
- The banking system is capitalized.
- Political consensus is substantial.
Which difficulties can be encountered in Norway?
- Norwegian households are indebted.
- Labor costs are high.
- There is a lack of skilled labor force.
- Without income from oil and gaz, the country has a budget deficit.
Which are the cultural specificities of the world of work in Norway?
- It is common to shake hands when greeting.
- The world of work is unformal, unformal clothing are common.
- Separation between professional and private life is crucial; it is important to keep a balance.
