Key commercial and taxation factors that are relevant on setting up a business in Norway

Written and Produced by Revisorhuset AS

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Overview

Norway is a country in Scandinavia, northern Europe. Norway is not part of the European Union (EU), but participates in the EU’s internal market through its membership of the European Economic area (EEA), which is an agreement between the EU and the four EFTA member states (Norway, Iceland, Liechtenstein and Switzerland). The official language used in Norway is Norwegian. Norway has a population of about 5.3 million.

This document describes some of the key commercial and taxation factors that are relevant on setting up a business in Norway. The document includes information on:

  • Choice of Legal Form
  • Audit Requirements
  • Taxation
  • Allowances
  • Teamwork
  • Employment
  • Withholding Taxes
  • Miscellaneous

Country Breakdown

5.233

Million

Population

kr

Norwegian Krone

Currency

$ 370.6

Billion

GDP

385,203

km2