Company Formation Norway

BridgeWest provides a wide range of legal services in Norway through our affiliated Norwegian lawyers and Law Firms in Oslo and other major cities in Norway. We are mainly specialized in the main aspects of Norwegian Commercial Law, including Company Formation, Debt Collection, Commercial Disputes and Litigation, Norwegian Real Estate Law and certain areas of Intellectual Property Law (such as Trademark Registration for instance).

Company Formation Norway

Our attorneys will offer instant help with company registration in Norway in matters of official registration, structure, financing, taxation, office registration. We handle both Norwegian Limited Liability and Joint-Stock company formations.

Norway is a well developed state with a stable and evolving economy which presents lots of opportunities for investors, both foreign and national. There are a couple requirements to establish a Norwegian company and the taxes are fairly low. The incorporation procedure is easy and takes a short time period to be done.

Preliminary affairs before registering a public or private limited company in Norway
Before the establishment of the Norwegian company the future shareholders of the firm must provide the minimum required capital, open a bank account and deposit it, and a deed that certifies the deposit is needed prior to registration. The balance sheet must be studied by an auditor in order to issue a statement confirming the opening balance, the firm's acceptance of the auditor appointment and that the share deposit has been paid integrally.

Registering for employees injury insurance in Norway
If the firm has employees, the founders must send an application to the administrative institution from day one of work. The application must have identification information of the firm and of the worker.

Registering with the Register of Business Enterprises in Norway
Either firm must be signed up with the Norwegian Company Registry. This step is a web-based procedure. It allows electronic signature of the registration form and the possibility to upload copies of articles of association, auditor statements, and the certificate from the bank as attachments. These documents can be sent via e-mail. At the same time as applying for registration, the incorporators of a business may also apply for registration with VAT filling a form, procedure that gives protection of the business name.


Setting up a Norwegian company from abroad
Norway is a good and welcoming environment for foreign investors. There aren't any restrictions or discrimination between national entrepreneurs and foreigners. The government encourages foreign investment in all domains, but mostly in low developed sectors. Any entrepreneur is able to form a company in Norway, and being a resident isn't a must. However, in order to set up a company in Norway, a permanent Norwegian address is required. If the entrepreneur isn't carrying on business activities on Norway's territory it is necessary that a Norwegian representative of the company handle tax related issues.

How long does it take to found a Norwegian company?
Depositing the initial capital is a procedure done in one day, same as having the balance analyzed by an auditor. Thanks to the simpler electronic form, registration with the Register of Business Enterprises is done in three days. Overall, the period of time for creating a Norwegian company is about one week.

Types of Norwegian companies:
- Public Limited Company (Allmennaksjeselskaper - ASA) in Norway
- Private Limited Company (Aksjeselskaper - AS) in Norway
- General Partnership (Ansvarlig selskap - ANS) in Norway
- Limited Partnership (Kommandittselsjap - KS) in Norway

Article Source: http://www.articlesbase.com/business-opportunities-articles/company-formation-norway-5299148.html

Our attorneys will offer instant help with company formation in Norway in matters of official registration, structure, financing, taxation, office registration. We handle both Norwegian Limited Liability and Joint-Stock company formations.