Whatsapp: +31 645113194
Norway
Company Formation
The three most popular forms of corporate structure in Norway are as follows:
-
private limited company (AS)
-
public limited company (ASA)
-
branch office of a foreign company
Corporate legal structure
1
Aksjeloven -AS
The most popular business form, generally registered by small and medium businesses, is the private limited liability company (Aksjeloven)
The incorporation of an A.S requires a minimum share capital of NOK 30,000 (approximately EUR 4,000), fully paid up
Board members condition:
-
At least one shareholder; board of directors required
-
50% of board members must be resident in Norway or in a EU/EEA country
2
Allmennaksjeselskap – A.S.A
A Norwegian joint stock company is designated for larger businesses, and the required capital, divided into shares, cannot be less than NOK 1,000,000 ( EUR 125,000).
​Board members condition:
-
At least one shareholder; board of directors required
-
50% of board members must be resident in Norway or in a EU/EEA country
-
Board members must apply for Norwegian D Number
3
Norwegian Branch of a Foreign Company (NUF)
In some cases it makes sense to set up a foreign branche (NUF) rather than a private limited company (AS) in Norway.
You do not need registered address in Norway. This will save you the cost for an office address in Norway. The fee for registration in the business registrar is lower than the registration fee for the AS.
An additional advantage is that there is no share capital requirement.
How to register company in Norway as a foreigner?
A foreigner can open and own a business in Norway. The most common company type for a foreigner is a private limited company, in Norwegian: AS. However, establishing a company in Norway as a foreigner takes more administrative work than it does for a Norwegian resident or citizen.
Procedure to register company in Norway
Determine legal structure
For foreign entrepreneurs, the AS is the most common legal entity. Besides the type of legal entity, you should also consider which structure is most suited for your company. If you will set up an AS limited company, it is usually more beneficial to set up a so-called holding structure.
Bank application
Choosing local bank in Norway and preparing legal documents for AML and KYC procedure. The documentation has to be provided to complete the due diligence process. If the financial institution can not do satisfactory due diligence on the company they can not open a bank account.
Select a trade name
When you are about to register, we suggest you follow this sequence:
-
Register the domain name
-
Register the enterprise name
-
Register any trademark
Obtaining D-number
The identification number for foreign citizens is called a D-number. The D-number applications are sent together with the application for the organization number to the Business Registry. All of the individuals that are going to have any official roles in the company (director, board member, powers of procurement etc.), need to be registered D-number
Preparing incorporation documents
Our lawyers will help you to issue incorporation document such as Memorandum, Article of Association in both Norwegian language and English
Submitting documents to Norwegian Business Registrar for Publication the company
Our lawyers will help you to submit incorporation document prepared above together with D-numbers of board members. Then the registration company is finalized, and we can check the publication on the website of Norwegian Business Registrar at https://www.brreg.no/
Contact us to register company in Norway
Contact us today to receive a quotation for our company formation in Norway. We are here to assist you every step of the way.
Contact
Email: info@yanincorporation.com
Fill out the form
