Norway Company Registration: Guide For Business Owners

Norway Company Registration in 2025-26

Norway is one of the most preferred locations for entrepreneurs looking to establish their startups internationally because of the numerous advantages it offers. Norway has a booming economy and a stable democracy, making it a wonderful environment to conduct commercial operations.

A wide range of businesses, including those in technology, medical, renewable energy, etc. provide several prospects for entrepreneurs who wish to launch their firms in Norway. Additionally, the Norwegian government provides several incentives to aid new business ventures.

The following article will briefly describe the Norway company registration procedure. Along with that, the article will also explain the criteria, documentation, advantages, and other related aspects of company registration in Norway.

Why should you register a company in Norway?

• Regarding GDP per capita, Norway is ranked seventh globally.
• Norway is a significant producer of oil and gas and exports the majority of its output to the international markets.
• Norway is the second-largest supplier of seafood around the globe, and the sector accounts for 2 percent of the nation’s GDP.
• Norway has a prosperous and rapidly expanding tourism sector.
• Norway has several free trade zones where businesses can operate.

Procedure for Norway Company Registration

1. Deciding the business structure: One of the first things that an entrepreneur has to fulfill for a company registration in Norway is to decide the business structure of the firm. An entrepreneur can choose a Private Limited Company(AS), a Public Limited Company (ASA), or a branch office for company registration in Norway.
2. Collect the essential documents: Gathering the essential paperwork is necessary in order to register a company in Norway. As a result, the company’s memorandum of association, written resolutions on stockholder choices concerning the organization’s formation, its commercial focus, and selection of nominee directors, must be produced.
3. Choose and reserve a business name: A business name shall be selected for the corporate, and the availability of the selected name should be confirmed with the company register.
4. File an application to acquire a D-number at the Brønnøysund Register Center: A Norwegian D-number can be acquired by submitting an application at the Brønnøysund Register Center. A D-number is essential to create a local bank account and for other taxation purposes.
5. Establish a corporate bank account: It is essential to create a corporate bank account to deposit the necessary paid-up capital of NOK 30000.
6. Register at the Register of Business Enterprises: In order to do company registration in Norway, you may register at the Register of Business Enterprises and submit all the required documents. This step can be done digitally.
7. Company incorporation: A certificate of registration and a business identification number will be provided following the Register of Business Enterprise approval.
8. Acquire the tax identification number: After Company Registration in Norway has been completed, you should acquire the tax identification number from the Tax Authorities.

Eligibility Criteria for Company Registration in Norway

1. Number of shareholders: At least one stockholder is required to establish a Private Limited Company in Norway. However, for a public LC, the number of stockholders has no upper bound.
2. Capital requirements: For an AS company, at least a capital of NOK 30000 is necessary. The base capital requirement to form an ASA is NOK 1,000,000.
3. Number of Directors: A minimum of one director is necessary to establish a partnership firm in Norway. Public LLC should have at least 3 directors. Businesses are not required to have resident directors.

Documents required for Norway Company Registration

• Name of the business and its activities
• Article of Association & Memorandum of Association
• Details of the stockholders and directors
• Incorporation Deed
• Statement from the auditor regarding the contributed share capital

Business structures for Norway Company Registration

1. Private Limited Company (AS): Private Limited Companies are distinct legal entities and can be established by one or more individuals. Private Limited Companies are also known as Aksjeselkap (AS).
2. Public Limited Company (ASA): A Public Limited Company or Allmennaksjeselskap (ASA) can also be established by one or more individuals. An ASA is permitted and authorized to offer stocks and assets to the general populace through the Register of Business Enterprises.
3. Branch Office: When an international company wants to grow its presence in Norway, a branch office is established.
4. General Partnership (ANS): All participants in a general partnership (Ansvarlig Selskap) are individually and jointly accountable for the obligations of the partnership.
5. Limited Partnership (Kommandittselskap): In a limited partnership (Kommandittselskap), one or more partners (general partners) are jointly and severally responsible for the company’s debts.

Advantages of Company Registration in Norway

• Accessibility to the European Union marketplace is one of the main advantages to register a company in Norway.
• Norway preserves solid and admirable working relations with its neighbors.
• Norway is home to various fintech innovative clusters.
• Norway has evolved into a leading nation in a variety of fields, like marine, oil, telecommunications, and technology.

Taxation System in Norway

• Businesses registered in Norway must pay a 22% corporate income tax on their net earnings.
• Norway levies taxes on income, interests, profits, capital gains from the sale of assets, and revenue derived from overseas sources.
• Property taxes are imposed on real properties at the local level in Norway.
• The normal VAT rate in Norway is 25%, with reduced rates of 15% and 12% for certain products and services.

Cost to register a company in Norway

Formation costs total €4,475 in the first year and €1100 in subsequent years, omitting yearly accounting & taxation expenses. The typical charge for a Norwegian engagement is EUR 14,675, which covers all administrative fees, business registration, establishing a local corporate banking account, and other expenses.

Compliances for Registering a Business in Norway

• A partnership agreement must be signed by each participant in a partnership.
• Yearly meetings are required for approving the partnership’s yearly reports.
• Board meetings are necessary for Private Limited Companies at least once every year.
• According to the requirements of the Norwegian Companies Registry, annual filings must be completed.

Conclusion

Norway offers investors a stable and welcoming business atmosphere and provides access to the EU, a competent labor force, and advanced infrastructure. Norway is ranked 9th in the 2019 Doing Business index by the World Bank. On top of that, Norway provides a simple and fast registration process with a minimum of one director and one shareholder required to form a company in the nation.

If you wish to establish a business in Norway and want assistance with company registration in Norway, you can speak with our professionals at OnDemand International. Our experts will help you throughout the procedure to register a company in Norway.