Establishing and running your business in Norway

Your trusted partner for company incorporation, accounting, tax compliance, and HR services in Norway.

Comprehensive Business Services

We provide turnkey solutions for international companies seeking to establish and operate in Norway.

Company incorporation

Expert guidance on entity structure (AS, NUF, Branch Office), incorporation process, registered address services, and director requirements.

Accounting services

Full accounting support including bookkeeping, financial reporting, invoice processing, and monthly reconciliation tailored to Norwegian standards.

HR & Payroll

Employment contracts, payroll processing, mandatory pension schemes, social security administration, and Norwegian labor law compliance.

Tax compliance

Corporate tax filings, VAT registration and returns, withholding tax management, and strategic tax planning for optimal compliance.

Legal compliance

Ongoing compliance monitoring, regulatory updates, annual filings, and board meeting documentation to keep your business compliant.

Advisory services

Strategic business advice, market entry support, operational guidance, and local expertise to help you succeed in Norway.

Your gateway to doing business in Norway

Our dedicated international business specialists bring extensive experience in helping foreign companies establish and thrive in Norway. They understand the unique challenges of cross-border business operations and are committed to making your Norwegian expansion seamless.

Full-service support

From incorporation to ongoing operations, we handle all aspects of your Norwegian business needs.

Efficient process

Streamlined procedures and proactive communication to get your business up and running quickly.

International expertise

Specialized knowledge in cross-border operations and international business structures.

Local partner

Your trusted representative in Norway with deep understanding of local business culture.

Local Expertise. Global Perspective.

Statement is a leading Norwegian business services firm supporting international companies with accounting, tax, HR, legal and strategy. We act as your local business partner, providing strategic insights, ongoing support, local market knowledge, and a strong network to ensure your success in Norway. Our clients benefit from our extensive network, local market knowledge, and commitment to delivering exceptional service.

Kundenes førstevalg

Våre mer enn 600 kunder opplever oss som en samarbeidspartner som skaper verdi gjennom tett dialog, forståelse av deres behov og høy faglig kompetanse – uansett tjenestene vi leverer.

– We are extremely pleased with Statement’s support in board governance and shareholder register management, which has allowed us to free up valuable time and focus on our core business.

Nora Tandberg, Papirfly

– Our experience with Statement as our CFO-for-hire has been exceptional. Their proactive, solution-driven mindset and comprehensive due diligence process played a key role in delivering a smooth and successful transaction.

Atila Mellilo, Landmark

Frequently Asked Questions

Get answers to the most common questions international businesses have when considering establishing operations in Norway.

What entity structure should I choose?

The most common structures for international companies are:

AS (Aksjeselskap) – Norwegian private limited company. Independent legal entity, limited liability, requires minimum NOK 30,000 share capital. Best for long-term operations.
NUF (Norwegian Registered Foreign Company) – Branch of foreign company. Simpler setup, no share capital required, but parent company has unlimited liability. Good for initial market testing.
Branch Office – Extension of foreign entity. Parent company liable for all obligations. Suitable for project-based activities.

We help you evaluate which structure best fits your business model and goals.

Do I need a local director?

For an AS (private limited company), at least 50% of board members must be resident in an EEA country. You do NOT necessarily need a Norwegian resident director if your board members are from other EEA countries. For a NUF or branch office, you need a Norwegian resident representative. We can advise on the best solution for your situation.

Can I use a virtual registered address?

Yes, Norwegian companies can use a registered agent address for official registration purposes, even without a physical office. We provide registered address services that meet all legal requirements, allowing you to establish your company before securing physical office space.

How long does incorporation take?

The incorporation timeline typically is:

AS formation: 2-4 weeks from document submission to registration
NUF registration: 1-2 weeks once all documents are prepared
VAT registration: Additional 2-3 weeks

Timeline varies based on document completeness and authority processing times. We streamline the process to ensure efficient registration.

What are the incorporation costs?

Typical costs include:

Registration fee: NOK 6,600 for AS, NOK 2,700 for NUF
Share capital: Minimum NOK 30,000 for AS (not required for NUF)
Professional services: Varies based on complexity and services needed
Notarization: If foreign documents require authentication

We provide transparent pricing and detailed cost estimates upfront.

How can I hire talent in Norway?

Hiring employees in Norway requires compliance with strict labor and payroll regulations. Employers must ensure:

Employment contracts: Must comply with Norwegian labor law and include mandatory terms
Payroll and tax: Monthly payroll reporting, tax withholding, and employer social security contributions
Pension and insurance: Mandatory occupational pension (OTP) and work injury insurance
Registration: Employees must be registered with Norwegian authorities

We can support you throughout the entire hiring and recruitment process – from assisting with candidate search and recruitment to compliant employment contracts, onboarding, payroll, tax reporting, and ongoing HR support.

Are pension and insurance schemes mandatory?

Yes, Norway has mandatory requirements:

Occupational Pension (OTP): Mandatory for all employees – minimum 2% of salary between 1G and 12G (G = base amount, currently ~NOK 120,000)
Social Security: Employer contributions ~14.1% of gross salary (varies by location)
Work Insurance: Required for all employers
Health Insurance: Employees covered by national health system

We handle all pension scheme setup and administration on your behalf.

What are the corporate tax rates?

Norwegian corporate taxation:

Corporate tax rate: 22% on worldwide income for resident companies
VAT (MVA): Standard rate 25% (15% for food, 12% for certain services)
Withholding tax: Generally 25% on dividends (reduced under tax treaties)
Employer social security: ~14.1% average

We provide tax planning to optimize your structure within legal frameworks.

Are VAT filings required?

Yes, if your company:

Has taxable turnover exceeding NOK 50,000 annually
Provides services or sells goods in Norway
Makes purchases requiring reverse charge VAT

Filing frequency: Bi-monthly or annually depending on turnover. We handle all VAT registration and ongoing filing requirements to ensure compliance.

What other compliance requirements should I know?

Key requirements include:

Annual accounts: Must be filed within 6 months of year-end
Auditor requirement: Generally required for AS (some exemptions for small companies)
Board meetings: Minimum annually, with proper minutes
Beneficial ownership registration: Required in Central Registry
GDPR compliance: If processing personal data
AML procedures: For certain regulated activities

We provide ongoing compliance support to ensure you meet all obligations.