Norway – Company Formation Services from 3.000€

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Start a New Business in Norway

BACK NORWAY

Norway are many good reasons for doing business in Norway, such as the high level of education, high productivity, and a longstanding culture of innovation. Norway has one of the world’s strongest economies. High priority is given to knowledge development, innovation, technology and maintaining a sustainable business sector.

Norway is a world leader in the oil and gas, energy, maritime and seafood sectors. Companies in other sectors are also making their mark. Medtech, FinTech, Edtech and other technology clusters are flourishing.

Norwegian technology clusters, and centres of expertise innovation can provide foreign companies with specialist knowledge, relevant networks and potential partners.

It is easy to set up a business in Norway. This was highlighted in the ‘Ease of doing business 2017’ survey, where Norway is ranked sixth. In other words, Norway a very interesting country both for established companies and for start-ups.

Step 1:

  • When you start a new company, you must choose a name, found the company and obtain share capital.
  • Private limited companies can be founded by one or more people. Both natural and legal persons can be founders.
  • You must be aged 18 or over in order to be a founder or perform another role in a private limited company.
  • The company must have a Norwegian business address
  • Ask the bank to set up a share capital account. Deposit the share capital (minimum NOK 30,000)
  • Register the company. Confirmation that the share capital has been deposited must be enclosed.
  • Send the notification for signing. The entire board of directors must electronically sign the notification, and the bank must electronically sign the confirmation to verify that the share capital has been paid in. If the company has chosen to have an auditor, the auditor must electronically sign the notification.
  • You will be notified when the company has been registered

Step 2:
Send your company details to Novasigma or schedule a meeting before incorporation. Remote company registration in Norway available.

Step 3:
The whole process of Norway company incorporation performed by a Norwegian law firm takes around two working weeks. After the registration, you should hire an accountant.

1.0 REQUIREMENTS AND SPECIFICATIONS IN NORWAY

Entity type and suffix: Limited liability company, (AS)
Shareholders/Founders: at least 1 persons or legal entity, foreign entities accepted 
– Documents Copy of I.D. document of a founding partner(s)
Directors/Board members: at least 1 natural person, +1 additional board member who is resident in EEA 
– Documents Copy of I.D. document of a person to be registered as a director
Share Capital: The minimum share capital requirement is EUR 3.200€
Residency:
Corporate tax: 23%
VAT: VAT rate of 25% / 15% / 10%
Annual financial report: Yes
Registration address: Yes (in Norway)
A Company bank account: Start account is required before company registration

2.0 EXPRESS COMPANY FORMATION NORWAY from 3.000€

Novasigma Express Company Formation service offers a possibility to set up company fast in Norway using only 1 founder and/or director (natural person). You can send company details and founder/director details by filling an order form below. Once we have reviewed your request Novasigma Account Manager will call you within a same business day for additional details and prepare an retainer of EUR 240 including company name availability check and document review. Remaining balance will be paid before processing the company registration. We accept payments with bank transfer, Bitcoins or in cash.

If you are interested to set up a private limited or public company (PLC) with more than 1 founder/director or at least one of founders/shareholders will be a local or a foreign legal entity, your company will require a business licence or you are interested in administration/nominee services, please find details for 3.0 Advanced Company Formation below.

2.1 THE EXPRESS SERVICE INCLUDES:

  • Establishment of company by an individual entity (Max. 1 founder/director, natural person only)
  • Limited liability company (LLC) registration in Norway
    • Preparing of standard M&MA and Minutes of Meetings
    • Assistance for company founders in Norway OR
  • Remote company registration available +400€
  • Company documents available in digital format after registration
  • Registration address service for first year

2.2 ADDITIONAL SERVICES AVAILABLE UPON REQUEST

  • Registration address and post scanning service in Norway after first year +650€/year
  • Accounting, bookkeeping, VAT and company secretary service for the company from 600€/year
    • Assistance in VAT registration, Tax prepayment registration and insurances in Norway +550€
  • Opening of a corporate start bank account/business account in Norway +540€

3.0 ADVANCED COMPANY FORMATION from 4.000€

With Novasigma Advanced Company Formation you can set up company with multiple founders and directors including foreign legal entities. Advanced company formation service includes always possibility to FREE business and tax consultation before incorporation. With Advanced Company Formation we can search/introduce available nominee shareholders and/directors for your company to protect privacy in jurisdictions where such a service is legal. You can send your company details by filling an order form below or just send us a message so we will call you back.

Once we have reviewed your request Novasigma Account Manager will call you within a same business day for additional details and prepare an retainer of EUR 490 including business and tax consultation, company name availability check and document review. Remaining balance will be paid before processing the company registration. We accept payments with bank transfer, Bitcoins or in cash.

3.1 THE ADVANCED SERVICE INCLUDES:

  • Business and tax consultation before incorporation – Face2Face meeting at your nearest Novasigma Office or Video/Phone meeting with Business/Tax Consultant – 2h FREE 
  • Establishment of company by: 1+ founder who can be a local or foreign entity, 1+ director who can be non-resident private person (at least 1 resident director recommended)
  • Limited liability company (LLC) registration in Norway
    • Assistance for company founders in Norway
    • Remote company registration available +400€
    • Public Limited Company (PLC) formation available – ask quotation
  • Company documents available in digital and printed format after the registration completed
  • Registration address service for first year
  • Opening of a corporate start bank account/business account in Norway +540€

3.2 ADDITIONAL SERVICES AVAILABLE UPON REQUEST

  • Extra business consultation/additional declarations/applying business licences before incorporation 125€/h
  • Tax consultation service pack for private persons 850€, Tax Consultation and preparing of international corporate structure 2490€
  • Legal advisory and corporate lawyer services in Norway 250€/h
  • Company formation by a legal entity or 2+ founders/directors +350€/entity
  • Searching/appointment of a nominee director of your newly established Norway company 2.400€ + from 600€/mo (proper business plan required before an assignment)
  • Searching/appointment of a technical UBO before company registration 1.200€ + from 300€/mo (proper business plan required before an assignment)
  • Accounting, bookkeeping service for the company from 600€/year 
  • Registration address and post scanning service after first year +650€/year
  • Remote company registration with POA +400€

4.0 HOW TO PROCEED?

  1. Fill and send the order form below (EXPRESS FORMATION) or schedule a meeting with Novasigma (ADVANCED FORMATION)
  2. Novasigma will contact you and send you an invoice for a prepayment.
  3. Novasigma will send you a questionnaire about proposed business, shareholders and directors
  4. Send all required documents about shareholders and directors
  5. Schedule time and date for a registration and bank account opening in Norway OR send a notarized POA with Apostille (in case of remote company registration)
  6. Novasigma will send you an invoice
  7. The company will be registered normally within 2 weeks
  8. Hire Novasigma as an accountant!

5. ORDER A NORWAY COMPANY FORMATION SERVICE

Payments after the review of request – Bank Transfer, Bitcoin, Cash (EUR, USD, GPB, HKD, BTC)

  • Express Company Formation – Retainer EUR 240
  • Advanced Company formation – Retainer EUR 490

In cases KYC or/and Due Diligence process required Novasigma might require a personal meeting with all its new clients before proceeding any assignment

BACK NORWAY

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