Norwegian Company Form
DKNO Partners can assist you with advice no matter what type of business you have.
DKNO Partners can assist you with advice no matter what type of business you have.
Not sure which Norwegian company form to choose for your business?
At DKNO Partners, we have many years of experience in establishing Norwegian company forms for Danish companies.
Among other things, we can guide you in:
- Various types of companies
- Which company forms best suit your needs
- IT solutions and Norwegian phone number
- Norwegian terms of trade
- GDPR legislation
- Establishing physical premises or stores
- Freight and customs clearance
- Transfer of business
- VOEC Registering
Want to register your business in Norway? Then you need an organization number!
An organization number is the Norwegian equivalent of a CVR number and is required for all registered businesses, including associations, foundations and public companies.
Benefits of an organization number include VAT exemption on business expenses and an easier way to trace the owner and business. Although there are different fees and taxes depending on the size of the business, the savings and benefits are well worth it.
DKNO Partners can help you and your company get an organization number so you can be established as a Norwegian company
When registering your business in Norway
Through Brønnøysundregistrene, you can register your new business quickly and easily. Although Norwegian law requires a D-number and a Norwegian business address for foreign citizens, DKNO Partners will help you all the way.
We help you with everything from setting up your business with the right legal form to navigating the many regulations.
How to choose the right company form in Norway?
When Danish companies want to establish a business in Norway, there are two main types of companies that are most applicable: NUF (Norskregistrert Utenlandsk Foretak) and AS (Aksjeselskap).
NUF (No Capital Creation)
This form of business is ideal in conjunction with:
- Norwegian VAT number for more economical shipping and customs clearance.
- Issuing Norwegian invoices.
- HSE card (Health, Safety and Environment).
- Sales to B2B companies in Norway.
- Creating a Norwegian domain.
What is an NUF? An NUF company is a type of company where a foreign company registers a branch in Norway. This can be used by Danish companies under the following circumstances:
- Market expansion: The NUF structure allows Danish companies to establish themselves in the Norwegian market without setting up a new company, providing easier and faster access to operate in Norway.
- Tax advantages: Some companies may benefit from potentially more favorable tax conditions in Norway. This requires a careful consideration of the tax rules in both countries.
- Administrative benefits: Setting up an NUF can be administratively simpler than setting up an independent company in Norway, with fewer equity requirements and less complex procedures.
- Accounting benefits: You only need to submit accounts in Norway if you have a turnover of over NOK 6 million.
AS (Capital creation 30.000 NOK)
AS is one of the most common business forms in Norway, especially if you have an office or employees.
- Minimum share capital is NOK 30,000.
- AS is an independent legal entity.
- Taxable to account and pay tax in Norway.
Benefits of AS:
- Increased trust: The AS form provides more trust from suppliers, customers and investors.
- Electronic registration: Quick and easy registration.
- Name protection: Protection of the company name.
Disadvantages of AS:
- Higher capital requirements: Requires a minimum capital of 30,000 NOK.
- Audit requirements: Requires you to have an auditor.
- Address requirement: Requires you to have a Norwegian address.
By choosing the right business form, Danish companies can optimize their operations and success in the Norwegian market. Carefully consider the pros and cons associated with each form before making your decision.
