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Legal form:



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Document checklist:

Local legal address (Handled by B2B Hub) 

2.Proof of Residence 


Organization name






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Official languages

ISO 4217


Norwegian, Sami, Kven, Romani, and Finnish

5,421,241 (as of 2019)

Norwegian Krone



Q: What is the process for company formation in Norway?

A: The process for company formation in Norway involves submitting an application to the Brønnøysund Register Centre, which is responsible for registering and maintaining records for Norwegian companies.

Q: What are the requirements for company formation in Norway?

A: The requirements for company formation in Norway include a minimum of one shareholder and one director, a registered office address in Norway, and compliance with various regulations.

Q: What types of companies can be formed in Norway?

A: The types of companies that can be formed in Norway include private limited companies (AS), public limited companies (ASA), and partnerships.

Q: How long does it take to form a company in Norway?

A: The time it takes to form a company in Norway varies, but it typically takes around one week to complete the registration process.

Q: What are the tax implications for companies in Norway?

A: Companies in Norway are subject to corporate income tax, which is currently set at 22%. In addition, companies must pay social security contributions on behalf of their employees.

Q: What is the legal system in Norway?

A: The legal system in Norway is based on civil law.

Q: What is the currency used in Norway?

A: The currency used in Norway is the Norwegian krone (NOK).

Q: Can foreign nationals own a company in Norway?

A: Yes, foreign nationals can own a company in Norway.

Q: Are there any specific regulations for foreign-owned companies in Norway?

A: Foreign-owned companies in Norway must comply with various regulations, including foreign investment regulations and tax regulations.

Q: What are the benefits of forming a company in Norway?

A: Some of the benefits of forming a company in Norway include access to the European market, a stable political and economic environment, a highly skilled workforce, and a well-developed infrastructure. Additionally, Norway has a reputation for being a socially responsible and environmentally friendly country, which can be attractive to certain types of businesses.


Norway is one of the most prosperous countries in the world, with a strong and stable economy. According to the World Bank, Norway has a Gross Domestic Product (GDP) of $400.3 billion in 2019, making it the world’s 55th largest economy. Norway’s GDP per capita is $68,890, which is the highest in the world. The country’s unemployment rate is 3.3%, which is one of the lowest in the world. Norway’s exports totaled $97.2 billion in 2019, with petroleum products making up the majority of exports. Norway is also a major producer of natural gas, with production totaling $20.2 billion in 2019. Norway’s government is committed to maintaining a strong economy, and the country has a budget surplus of $14.2 billion in 2019. Norway is also a major contributor to international aid, donating $3.2 billion in 2019. Overall, Norway is a strong and stable economy with a bright future.


Taxation in Norway is based on the principle of progressive taxation, which means that those with higher income are taxed at a higher rate than those with lower income. The tax system is administered by the Norwegian Tax Administration (Skatteetaten).

For individuals, the personal income tax is calculated based on the person's income, deductions, and any applicable tax credits. The tax rates vary based on income level, with a maximum rate of 22% for income over 1.2 million NOK (as of 2021). Additionally, there is a separate wealth tax on net worth over 1.5 million NOK, with a rate of 0.85% (as of 2021).

For corporations, the corporate tax rate is 22%, with an additional 2% municipal tax in some areas. Additionally, there is a value-added tax (VAT) of 25% on most goods and services.

The tax year in Norway is the calendar year, and tax returns must be filed by April 30 of the following year. For employees, taxes are typically withheld by the employer and paid directly to the tax authorities on a monthly basis. For self-employed individuals and businesses, taxes are paid on a quarterly basis. Payment can be made electronically or through the use of a tax payment slip. Late payments are subject to interest and penalties.

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