Norway Company Formation
Norway Company Formation. Your Gateway to Secure, Private, and Tax-Efficient Norwegian Business Main Characteristics and the basic rules of Company registration in Norway
Norway is one of the most stable and business-friendly jurisdictions in Europe, offering a transparent legal system, competitive corporate taxation, and access to the European Economic Area (EEA). Its strong economy, robust regulatory framework, and skilled workforce make Norway an excellent choice for company formation, holding structures, and international trade.
If you are a non-resident seeking a reliable European base, Norway company formation with BRIS Group ensures full compliance, efficiency, and expert guidance every step of the way.
Why Choose Norway for Company Formation?
Norway provides investor protections, efficient registration procedures, and flexible corporate structures. Its strategic location in Northern Europe, political stability, and well-regulated business environment make it ideal for startups, SMEs, and international investors.
🔍 Need expert guidance?
Our specialists help you select the most suitable corporate structure and ensure your Norwegian company complies with local and EEA regulations.
Key Highlights of Norway Company Formation
|
Aspect |
Details |
|
Legal Structure |
Private Limited Company (AS) or Public Limited Company (ASA) |
|
Tax Status |
Corporate tax 22% |
|
Ownership |
100% foreign ownership permitted |
|
Registration Authority |
Brønnøysund Register Centre |
|
Typical Formation Time |
5–15 business days |
|
Minimum Shareholder(s) |
One (individual or corporate) |
|
Minimum Director(s) |
One (resident or non-resident; at least one director must be EEA-resident for AS with small capital) |
|
Registered Office |
Mandatory Norwegian address |
|
Confidentiality |
Shareholders and directors registered publicly; nominee services available |
Advantages of Norway Company Formation for Non-Residents
|
✅ Advantage |
💬 Description |
|
EEA Market Access |
Operate across the European Economic Area freely. |
|
Competitive Tax System |
Corporate tax 22% with deductions and incentives available. |
|
Full Foreign Ownership |
100% foreign ownership allowed in most sectors. |
|
Fast Incorporation |
Company registration completed in 5–15 business days. |
|
Strong Legal Protections |
Transparent corporate environment and investor safeguards. |
|
Efficient Administration |
Online company registration and reporting available. |
|
Skilled Workforce |
Access to a highly educated and multilingual labor pool. |
Considerations Before Registering a Norwegian Company
|
⚠️ Potential Challenge |
💬 Explanation |
|
Public Register |
Shareholders and directors’ data is publicly accessible; privacy can be enhanced with nominee services. |
|
Reporting Requirements |
Annual accounts must be filed; audits may be required depending on company size. |
|
Banking Requirements |
Corporate bank accounts may require proof of business activities and enhanced due diligence. |
|
Compliance Standards |
Companies must comply with Norwegian AML/KYC regulations and EEA directives. |
Types of Companies for Non-Residents in Norway
- Private Limited Company (AS)
The most common structure for SMEs. Suitable for trading, service provision, holding structures, and small-to-medium businesses.
- Public Limited Company (ASA)
Designed for larger businesses or companies planning to raise capital publicly. Requires higher share capital and stricter compliance.
- Branch of a Foreign Company
Allows foreign businesses to operate in Norway without creating a separate legal entity, mainly for trade or representative purposes.
Requirements for Norway Company Registration
To register a Norwegian AS or ASA, you will need:
- Proposed Company Name: Must be unique and comply with Norwegian regulations.
- Registered Office: Physical address in Norway required.
- Director(s) and Shareholder(s): Minimum one of each (resident or non-resident; at least one EEA-resident director for AS).
- Identification Documents: Certified passport copies and proof of address.
- Share Capital: Minimum NOK 30,000 for AS; higher for ASA.
- Description of Business Activities: General or specific business purpose.
- Articles of Association: Prepared during incorporation.
Step-by-Step Guide to Norway Company Formation
Step 1: Initial Consultation
We assess your goals and recommend the optimal structure for tax efficiency and compliance.
Step 2: Name Reservation
Your company name is checked and reserved with the Brønnøysund Register Centre.
Step 3: Document Preparation
We draft Articles of Association and collect KYC documentation.
Step 4: Registration Filing
All incorporation documents are submitted to the Brønnøysund Register Centre.
Step 5: Company Registration
Within 5–15 business days, your Norwegian company is officially registered.
Step 6: Bank Account Opening
We assist in opening a Norwegian or international corporate bank account.
Step 7: Post-Incorporation Support
Ongoing compliance, reporting, and optional nominee services are managed by BRIS Group.
Timeframe for Norway Company Formation
|
Task |
Estimated Duration |
|
Company Name Approval |
1–2 days |
|
Incorporation & Certificate Issuance |
5–15 business days |
|
Bank Account Setup |
1–4 weeks (depending on bank) |
How BRIS Group Can Help You
BRIS Group specializes in Norway company formation for non-residents, delivering a seamless, compliant, and discreet setup experience.
Our Services Include:
✅ Corporate structure consultation
✅ Name registration and legal compliance
✅ Articles of Association preparation
✅ Registered Office & Agent services
✅ Nominee director/shareholder services (optional)
✅ Bank account opening assistance
✅ Tax and compliance guidance
✅ Annual renewal and reporting services
💬 Partner with BRIS Group to simplify your Norwegian company formation. We handle all legal and administrative tasks while you focus on growing your business.
Why Choose BRIS Group for Norway Company Formation?
|
🌟 Our Strengths |
💬 Your Benefits |
|
Proven Expertise |
Years of experience in Norway and EU company formation. |
|
Fast Turnaround |
Quick incorporation and document delivery. |
|
Confidential Service |
Professional handling of sensitive data. |
|
EEA-Compliant Solutions |
Legal structures compliant with Norwegian and EU law. |
|
Ongoing Support |
Assistance with compliance, reporting, and annual renewals. |
Start Your Norwegian Company Today
Norway offers strategic market access, legal transparency, and investor-friendly policies, making it an excellent base for international businesses.
📞 Contact BRIS Group today for a free consultation on Norway company formation.
Our experts will guide you from registration to ongoing compliance, ensuring your company operates smoothly and legally.📧 Email: [email protected]
💬 Get a free consultation and start your Norway company formation with confidence.
Questions & Answers
1. What is the corporation tax rate in Norway?
The corporation tax rate in Norway is currently set at 22%. This applies to the profits of companies, ensuring a competitive environment for business operations compared to other European countries.
2. How is income tax structured in Norway?
Income tax in Norway is progressive. The rates vary depending on income levels and are divided into two main components: the national tax and the municipal tax. The combined effective rate ranges from approximately 22% to 47.4%, depending on income brackets.
3. What is the VAT tax rate in Norway?
Norway employs a Value Added Tax (VAT) with a standard rate of 25%. Reduced rates of 15% and 12% apply to specific goods and services, such as food and passenger transport, respectively.
4. Are dividends taxed in Norway?
Yes, dividends paid to shareholders are subject to tax in Norway. The standard dividend tax rate is 22%. However, individuals can benefit from a deduction through the “participation exemption”, which may reduce the effective rate for domestic shareholders.
5. What other taxes should I be aware of in Norway?
In addition to the aforementioned taxes, Norway imposes several other taxes, including wealth tax, environmental taxes, and local taxes. The wealth tax is levied on net assets exceeding 1.5 million NOK for individuals, while various environmental taxes aim to promote sustainable practices.
Feel free to reach out for more detailed information on each specific tax type.
Learn more: Visit our
Full Company Formation FAQ page
or contact our tax and company formation team at[email protected]
What are the requirements for non-residents to form a company in Norway?
Non-residents looking to form a company in Norway must adhere to several requirements. Firstly, they need to select a legal structure for their business, such as an AS (Aksjeselskap) or ENK (Enkeltpersonforetak). Next, at least one director must be a resident of Norway or an EEA state. Furthermore, non-residents must have a registered office in Norway. It’s also essential to provide necessary identification documents and ensure compliance with local business regulations.
How long does it take to register a company in Norway?
The process of registering a company in Norway can generally be completed within 1 to 2 weeks, depending on the completeness of your application and the specific business structure chosen. Online registrations tend to be faster, particularly when using the Norwegian Business Authority’s online platform. Factors such as submitting required documents accurately and promptly can significantly speed up the registration process.
What is the minimum share capital required for a limited company (AS) in Norway?
To establish a limited company (Aksjeselskap or AS) in Norway, the minimum share capital required is NOK 30,000. This amount must be fully paid up before the registration is finalised. Non-residents can cover this capital through cash or assets, and it must be deposited in a dedicated company bank account before the registration process can move forward.
Are there any tax implications for non-residents operating in Norway?
Yes, non-residents operating a company in Norway may face specific tax implications. Generally, companies are subject to a corporate tax rate of 22%. Additionally, if your company has employees or you distribute profits, personal income tax obligations may arise. It’s advisable to consult with a local tax professional to understand the full scope of tax responsibilities, including reporting requirements and possible exemptions.
Can non-residents open a bank account for their Norwegian company?
Yes, non-residents can open a bank account for their Norwegian company. However, most banks require the individual to be present for identification verification. Additionally, the bank might request documentation related to your business, including the company registration certificate and identification documents of the directors. It’s advisable to compare services from multiple banks to find one that suits your business needs.
What business structures are available for non-residents in Norway?
Non-residents can choose from several business structures in Norway, the most common being the limited company (Aksjeselskap or AS) and sole proprietorship (Enkeltpersonforetak). While AS is the most suitable for non-residents due to limited liability protection, ENK is simpler to set up but does not provide such liability protection. Understanding each structure’s pros and cons can help you make the best decision for your business venture.
Full Company Formation FAQ page
or contact our tax and company formation team at