[{"data":1,"prerenderedAt":1703},["ShallowReactive",2],{"article-en-statutory-auditor":3,"footer-articles-en":586},{"_path":4,"_dir":5,"_draft":6,"_partial":6,"_locale":7,"title":8,"description":9,"date":10,"category":11,"image":12,"body":13,"_type":579,"_id":580,"_source":581,"_file":582,"_stem":583,"_extension":584,"sitemap":585},"/news/statutory-auditor","news",false,"","Is a statutory auditor required in Norway?","Some companies in Norway are required to work with an auditor in order to operate legally. This mainly applies to larger businesses – but not only!","2025-07-28","Business","/assets/images/blog/statutory-auditor.jpg",{"type":14,"children":15,"toc":568},"root",[16,24,30,58,77,84,109,114,142,162,189,216,229,242,255,260,266,291,303,332,351,368,373,378,384,402,414,419,455,466,471,477,496,501,520,525,531,536,541,548,553],{"type":17,"tag":18,"props":19,"children":21},"element","h1",{"id":20},"is-a-statutory-auditor-required-in-norway",[22],{"type":23,"value":8},"text",{"type":17,"tag":25,"props":26,"children":27},"p",{},[28],{"type":23,"value":29},"Many entrepreneurs planning to start a business in Norway wonder whether they will need to use the services of a financial auditor – and hopefully so, as it shows an intention to run a business in compliance with the law.",{"type":17,"tag":25,"props":31,"children":32},{},[33,35,41,43,48,50,56],{"type":23,"value":34},"In Poland, the term ",{"type":17,"tag":36,"props":37,"children":38},"strong",{},[39],{"type":23,"value":40},"biegły rewident",{"type":23,"value":42}," is used, while in Norway the equivalent is simply ",{"type":17,"tag":36,"props":44,"children":45},{},[46],{"type":23,"value":47},"auditor",{"type":23,"value":49}," (",{"type":17,"tag":51,"props":52,"children":53},"em",{},[54],{"type":23,"value":55},"revisor",{"type":23,"value":57},"). Does every company in Norway have to appoint an auditor? The answer depends on the legal form of the business and the scale of its operations.",{"type":17,"tag":25,"props":59,"children":60},{},[61,63,68,70,75],{"type":23,"value":62},"Below, we explain when the obligation to use an auditor arises for the two most common forms of business in Norway: ",{"type":17,"tag":36,"props":64,"children":65},{},[66],{"type":23,"value":67},"sole proprietorship (enkeltpersonforetak – ENK)",{"type":23,"value":69}," and ",{"type":17,"tag":36,"props":71,"children":72},{},[73],{"type":23,"value":74},"limited liability company (aksjeselskap – AS)",{"type":23,"value":76},".",{"type":17,"tag":78,"props":79,"children":81},"h2",{"id":80},"what-does-an-auditor-do-and-what-are-they-responsible-for",[82],{"type":23,"value":83},"What does an auditor do and what are they responsible for?",{"type":17,"tag":25,"props":85,"children":86},{},[87,89,93,95,100,102,107],{"type":23,"value":88},"An ",{"type":17,"tag":36,"props":90,"children":91},{},[92],{"type":23,"value":47},{"type":23,"value":94}," is an independent professional whose main role is to protect the interests of owners and other users of financial statements, such as banks, investors, and public authorities. An auditor does ",{"type":17,"tag":36,"props":96,"children":97},{},[98],{"type":23,"value":99},"not",{"type":23,"value":101}," keep the accounts – that is the job of a ",{"type":17,"tag":51,"props":103,"children":104},{},[105],{"type":23,"value":106},"regnskapsfører",{"type":23,"value":108}," (accountant). Instead, the auditor verifies whether the financial information presented by the company is accurate, compliant with Norwegian law, and correctly reported to the authorities.",{"type":17,"tag":25,"props":110,"children":111},{},[112],{"type":23,"value":113},"Key responsibilities of an auditor include:",{"type":17,"tag":25,"props":115,"children":116},{},[117,122,126,128,133,135,140],{"type":17,"tag":36,"props":118,"children":119},{},[120],{"type":23,"value":121},"Audit of the annual financial statements",{"type":17,"tag":123,"props":124,"children":125},"br",{},[],{"type":23,"value":127},"\nThe auditor performs a statutory audit (",{"type":17,"tag":51,"props":129,"children":130},{},[131],{"type":23,"value":132},"lovfestet revisjon",{"type":23,"value":134},") and issues an ",{"type":17,"tag":51,"props":136,"children":137},{},[138],{"type":23,"value":139},"audit report (revisjonsberetning)",{"type":23,"value":141},", assessing whether the accounts give a true and fair view of the company’s financial position and whether applicable laws and regulations are followed.",{"type":17,"tag":25,"props":143,"children":144},{},[145,150,153,155,160],{"type":17,"tag":36,"props":146,"children":147},{},[148],{"type":23,"value":149},"Reporting to the board",{"type":17,"tag":123,"props":151,"children":152},{},[],{"type":23,"value":154},"\nThe auditor must inform the board of directors (",{"type":17,"tag":51,"props":156,"children":157},{},[158],{"type":23,"value":159},"styret",{"type":23,"value":161},") in writing about material errors, weaknesses in internal controls, or breaches of the law, and monitor whether corrective actions are taken.",{"type":17,"tag":25,"props":163,"children":164},{},[165,170,173,175,180,182,187],{"type":17,"tag":36,"props":166,"children":167},{},[168],{"type":23,"value":169},"Confirmation of tax-related information",{"type":17,"tag":123,"props":171,"children":172},{},[],{"type":23,"value":174},"\nThe auditor may sign or confirm selected documents (for example ",{"type":17,"tag":51,"props":176,"children":177},{},[178],{"type":23,"value":179},"næringsspesifikasjon",{"type":23,"value":181}," or documentation linked to the ",{"type":17,"tag":51,"props":183,"children":184},{},[185],{"type":23,"value":186},"tax return / skattemelding",{"type":23,"value":188},"), assuring the Norwegian Tax Administration (Skatteetaten) that the figures are correct and compliant.",{"type":17,"tag":25,"props":190,"children":191},{},[192,197,200,202,207,209,214],{"type":17,"tag":36,"props":193,"children":194},{},[195],{"type":23,"value":196},"Control of payroll and employer obligations",{"type":17,"tag":123,"props":198,"children":199},{},[],{"type":23,"value":201},"\nThe auditor may review payroll systems, tax withholding (",{"type":17,"tag":51,"props":203,"children":204},{},[205],{"type":23,"value":206},"skattetrekk",{"type":23,"value":208},"), and employer’s social security contributions (",{"type":17,"tag":51,"props":210,"children":211},{},[212],{"type":23,"value":213},"arbeidsgiveravgift",{"type":23,"value":215},") to identify potential irregularities.",{"type":17,"tag":25,"props":217,"children":218},{},[219,224,227],{"type":17,"tag":36,"props":220,"children":221},{},[222],{"type":23,"value":223},"Professional secrecy and duty to disclose",{"type":17,"tag":123,"props":225,"children":226},{},[],{"type":23,"value":228},"\nWhile bound by confidentiality, the auditor has a legal duty to disclose information to owners, the board, or authorities when required by law.",{"type":17,"tag":25,"props":230,"children":231},{},[232,237,240],{"type":17,"tag":36,"props":233,"children":234},{},[235],{"type":23,"value":236},"Civil liability",{"type":17,"tag":123,"props":238,"children":239},{},[],{"type":23,"value":241},"\nIf errors or negligence by the auditor cause financial loss, both the auditor and the audit firm may be held jointly liable for damages.",{"type":17,"tag":25,"props":243,"children":244},{},[245,250,253],{"type":17,"tag":36,"props":246,"children":247},{},[248],{"type":23,"value":249},"Independence and professional skepticism",{"type":17,"tag":123,"props":251,"children":252},{},[],{"type":23,"value":254},"\nAuditors must act with integrity, objectivity, and due care, maintaining full independence from management. This independence is a key reason why audited financial statements are trusted.",{"type":17,"tag":25,"props":256,"children":257},{},[258],{"type":23,"value":259},"Overall, auditors enhance the credibility of financial reporting and reduce the risk of errors, fraud, and disputes with tax authorities.",{"type":17,"tag":78,"props":261,"children":263},{"id":262},"audit-requirement-in-as-limited-liability-companies",[264],{"type":23,"value":265},"Audit requirement in AS (limited liability companies)",{"type":17,"tag":25,"props":267,"children":268},{},[269,270,275,277,282,284,289],{"type":23,"value":88},{"type":17,"tag":36,"props":271,"children":272},{},[273],{"type":23,"value":274},"aksjeselskap (AS)",{"type":23,"value":276}," is the most common corporate form in Norway and corresponds broadly to a limited liability company. As a general rule, ",{"type":17,"tag":36,"props":278,"children":279},{},[280],{"type":23,"value":281},"small AS companies may opt out of having an auditor",{"type":23,"value":283},". This is known as ",{"type":17,"tag":51,"props":285,"children":286},{},[287],{"type":23,"value":288},"fravalg av revisjon",{"type":23,"value":290}," (opt-out of audit). Norwegian law, however, sets clear thresholds defining when a company is considered “small”.",{"type":17,"tag":25,"props":292,"children":293},{},[294,296,301],{"type":23,"value":295},"An AS may operate without an auditor if it meets ",{"type":17,"tag":36,"props":297,"children":298},{},[299],{"type":23,"value":300},"all",{"type":23,"value":302}," of the following conditions:",{"type":17,"tag":304,"props":305,"children":306},"ul",{},[307,318,327],{"type":17,"tag":308,"props":309,"children":310},"li",{},[311,313],{"type":23,"value":312},"annual operating revenue (driftsinntekter) below NOK 7 million, ",{"type":17,"tag":36,"props":314,"children":315},{},[316],{"type":23,"value":317},"and",{"type":17,"tag":308,"props":319,"children":320},{},[321,323],{"type":23,"value":322},"total balance sheet assets below NOK 27 million, ",{"type":17,"tag":36,"props":324,"children":325},{},[326],{"type":23,"value":317},{"type":17,"tag":308,"props":328,"children":329},{},[330],{"type":23,"value":331},"average number of full-time equivalent employees does not exceed 10.",{"type":17,"tag":25,"props":333,"children":334},{},[335,337,342,344,349],{"type":23,"value":336},"If the company exceeds ",{"type":17,"tag":36,"props":338,"children":339},{},[340],{"type":23,"value":341},"any one",{"type":23,"value":343}," of these thresholds, an audit becomes mandatory. In practice, if a company exceeds a limit in one financial year (for example, revenue above NOK 7 million), the obligation to appoint an auditor usually applies from the ",{"type":17,"tag":36,"props":345,"children":346},{},[347],{"type":23,"value":348},"following",{"type":23,"value":350}," financial year.",{"type":17,"tag":25,"props":352,"children":353},{},[354,356,361,363,367],{"type":23,"value":355},"A company that previously opted out of audit must then appoint a licensed auditor at a general meeting and report this to the Norwegian Register of Business Enterprises (",{"type":17,"tag":51,"props":357,"children":358},{},[359],{"type":23,"value":360},"Foretaksregisteret",{"type":23,"value":362},"). If the company later falls below all thresholds again for subsequent years, it may opt out of audit once more by formally registering a new ",{"type":17,"tag":51,"props":364,"children":365},{},[366],{"type":23,"value":288},{"type":23,"value":76},{"type":17,"tag":25,"props":369,"children":370},{},[371],{"type":23,"value":372},"When establishing a new AS, founders must already decide whether the company will have an auditor or opt out of audit during the registration process.",{"type":17,"tag":25,"props":374,"children":375},{},[376],{"type":23,"value":377},"Even when there is no legal requirement, a company may voluntarily appoint an auditor – for example, to meet bank requirements or investor expectations. For small companies, however, this is optional.",{"type":17,"tag":78,"props":379,"children":381},{"id":380},"audit-requirement-in-enk-sole-proprietorships",[382],{"type":23,"value":383},"Audit requirement in ENK (sole proprietorships)",{"type":17,"tag":25,"props":385,"children":386},{},[387,388,393,395,400],{"type":23,"value":88},{"type":17,"tag":36,"props":389,"children":390},{},[391],{"type":23,"value":392},"enkeltpersonforetak (ENK)",{"type":23,"value":394}," generally has ",{"type":17,"tag":36,"props":396,"children":397},{},[398],{"type":23,"value":399},"no obligation",{"type":23,"value":401}," to use an auditor. In most cases, small sole proprietorships are not subject to full accounting obligations, and therefore not to audit requirements either.",{"type":17,"tag":25,"props":403,"children":404},{},[405,407,412],{"type":23,"value":406},"Audit requirements for ENK only arise if the business grows large enough to be subject to statutory accounting obligations (",{"type":17,"tag":51,"props":408,"children":409},{},[410],{"type":23,"value":411},"regnskapsplikt",{"type":23,"value":413},"). The thresholds for ENK differ from those applicable to AS companies.",{"type":17,"tag":25,"props":415,"children":416},{},[417],{"type":23,"value":418},"In practice, an ENK may become subject to audit if it reaches a significant size, for example:",{"type":17,"tag":304,"props":420,"children":421},{},[422,432,441,450],{"type":17,"tag":308,"props":423,"children":424},{},[425,427],{"type":23,"value":426},"at least NOK 27 million in assets ",{"type":17,"tag":36,"props":428,"children":429},{},[430],{"type":23,"value":431},"OR",{"type":17,"tag":308,"props":433,"children":434},{},[435,437],{"type":23,"value":436},"at least 20 full-time equivalent employees ",{"type":17,"tag":36,"props":438,"children":439},{},[440],{"type":23,"value":431},{"type":17,"tag":308,"props":442,"children":443},{},[444,446],{"type":23,"value":445},"NOK 20–27 million in assets combined with revenues above NOK 7 million ",{"type":17,"tag":36,"props":447,"children":448},{},[449],{"type":23,"value":431},{"type":17,"tag":308,"props":451,"children":452},{},[453],{"type":23,"value":454},"10 or more full-time equivalent employees.",{"type":17,"tag":25,"props":456,"children":457},{},[458,460,465],{"type":23,"value":459},"If an ENK meets one of these criteria, audit becomes mandatory. As with AS companies, if a threshold is exceeded in one year, the requirement to appoint an auditor typically applies from the ",{"type":17,"tag":36,"props":461,"children":462},{},[463],{"type":23,"value":464},"next",{"type":23,"value":350},{"type":17,"tag":25,"props":467,"children":468},{},[469],{"type":23,"value":470},"If the business remains below these limits, there is generally no requirement for either full financial statements or audit.",{"type":17,"tag":78,"props":472,"children":474},{"id":473},"special-cases",[475],{"type":23,"value":476},"Special cases",{"type":17,"tag":25,"props":478,"children":479},{},[480,482,487,489,494],{"type":23,"value":481},"Regardless of size thresholds, certain types of businesses in Norway are ",{"type":17,"tag":36,"props":483,"children":484},{},[485],{"type":23,"value":486},"always required",{"type":23,"value":488}," to have an auditor. This applies in particular to entities supervised by ",{"type":17,"tag":36,"props":490,"children":491},{},[492],{"type":23,"value":493},"Finanstilsynet",{"type":23,"value":495},", such as banks, insurance companies, and investment funds.",{"type":17,"tag":25,"props":497,"children":498},{},[499],{"type":23,"value":500},"Pharmacies are also generally subject to mandatory audit.",{"type":17,"tag":25,"props":502,"children":503},{},[504,506,511,513,518],{"type":23,"value":505},"In addition, legal practices (",{"type":17,"tag":51,"props":507,"children":508},{},[509],{"type":23,"value":510},"advokatvirksomhet",{"type":23,"value":512},") must appoint an auditor. Companies benefiting from the ",{"type":17,"tag":36,"props":514,"children":515},{},[516],{"type":23,"value":517},"SkatteFUNN",{"type":23,"value":519}," R&D tax incentive scheme must also obtain confirmation from an auditor in connection with reporting the deduction.",{"type":17,"tag":25,"props":521,"children":522},{},[523],{"type":23,"value":524},"These are specific exceptions that usually do not affect most small, standard businesses, but they are important to be aware of.",{"type":17,"tag":78,"props":526,"children":528},{"id":527},"summary",[529],{"type":23,"value":530},"Summary",{"type":17,"tag":25,"props":532,"children":533},{},[534],{"type":23,"value":535},"In Norway, small businesses – both ENK and AS – can often operate without an auditor. The obligation to appoint an auditor generally arises only once statutory size thresholds are exceeded or when the business falls under special regulatory regimes (such as finance, pharmacies, legal services, or SkatteFUNN).",{"type":17,"tag":25,"props":537,"children":538},{},[539],{"type":23,"value":540},"Understanding these rules allows entrepreneurs to plan growth more effectively, budget for potential audit costs, and ensure compliance with Norwegian law.",{"type":17,"tag":542,"props":543,"children":545},"h3",{"id":544},"in-addition-to-an-auditor-choose-a-good-accountant-welcome-to-us",[546],{"type":23,"value":547},"In addition to an auditor, choose a good accountant – welcome to us!",{"type":17,"tag":25,"props":549,"children":550},{},[551],{"type":23,"value":552},"Contact us at +47 21 38 38 21. We are available Monday to Friday, 9:00 AM–9:00 PM, and will be happy to help!",{"type":17,"tag":25,"props":554,"children":555},{},[556],{"type":17,"tag":51,"props":557,"children":558},{},[559,561],{"type":23,"value":560},"Article author: Marcin – ",{"type":17,"tag":562,"props":563,"children":565},"a",{"href":564},"mailto:marcin@efirma.no",[566],{"type":23,"value":567},"marcin@efirma.no",{"title":7,"searchDepth":569,"depth":569,"links":570},3,[571,573,574,575,576],{"id":80,"depth":572,"text":83},2,{"id":262,"depth":572,"text":265},{"id":380,"depth":572,"text":383},{"id":473,"depth":572,"text":476},{"id":527,"depth":572,"text":530,"children":577},[578],{"id":544,"depth":569,"text":547},"markdown","content:news:statutory-auditor:index.md","content","news/statutory-auditor/index.md","news/statutory-auditor/index","md",{"loc":4},[587,998],{"_path":588,"_dir":5,"_draft":6,"_partial":6,"_locale":7,"title":589,"description":590,"date":591,"category":592,"image":593,"body":594,"_type":579,"_id":994,"_source":581,"_file":995,"_stem":996,"_extension":584,"sitemap":997},"/news/accounting-cost-calculator","Accounting cost calculator in Norway 2026","After starting a business in Norway, it’s crucial to find the right and affordable accounting service. This calculator helps you estimate how much you’ll pay!","2026-01-13","Accounting","/assets/images/blog/accounting-cost-calculator.jpg",{"type":14,"children":595,"toc":987},[596,602,608,652,663,693,699,742,761,776,780,786,805,838,843,877,888,894,906,939,963,968,976],{"type":17,"tag":18,"props":597,"children":599},{"id":598},"accounting-in-norway-where-is-it-most-cost-effective-profitability-calculator-for-2026",[600],{"type":23,"value":601},"Accounting in Norway – where is it most cost-effective? Profitability calculator for 2026",{"type":17,"tag":78,"props":603,"children":605},{"id":604},"starting-a-new-business-what-about-accounting",[606],{"type":23,"value":607},"Starting a new business – what about accounting?",{"type":17,"tag":25,"props":609,"children":610},{},[611,616,618,623,625,630,632,637,639,644,646,651],{"type":17,"tag":36,"props":612,"children":613},{},[614],{"type":23,"value":615},"Running a business in Norway",{"type":23,"value":617}," comes with ",{"type":17,"tag":36,"props":619,"children":620},{},[621],{"type":23,"value":622},"several important obligations",{"type":23,"value":624},". First and foremost, there is the ",{"type":17,"tag":36,"props":626,"children":627},{},[628],{"type":23,"value":629},"annual tax return",{"type":23,"value":631},". This is the ",{"type":17,"tag":36,"props":633,"children":634},{},[635],{"type":23,"value":636},"most important requirement",{"type":23,"value":638},", as it allows you to legally declare and settle your income. In addition, once your turnover exceeds ",{"type":17,"tag":36,"props":640,"children":641},{},[642],{"type":23,"value":643},"NOK 50,000 over the past 12 months",{"type":23,"value":645},", you are required to ",{"type":17,"tag":36,"props":647,"children":648},{},[649],{"type":23,"value":650},"register for VAT (MVA)",{"type":23,"value":76},{"type":17,"tag":25,"props":653,"children":654},{},[655,657,662],{"type":23,"value":656},"However, for most entrepreneurs there is another requirement that is often ",{"type":17,"tag":36,"props":658,"children":659},{},[660],{"type":23,"value":661},"even more important",{"type":23,"value":76},{"type":17,"tag":25,"props":664,"children":665},{},[666,671,673,678,680,685,687,692],{"type":17,"tag":36,"props":667,"children":668},{},[669],{"type":23,"value":670},"Keeping proper accounting records in accordance with Norwegian regulations",{"type":23,"value":672}," becomes ",{"type":17,"tag":36,"props":674,"children":675},{},[676],{"type":23,"value":677},"mandatory",{"type":23,"value":679}," once your business exceeds ",{"type":17,"tag":36,"props":681,"children":682},{},[683],{"type":23,"value":684},"NOK 50,000 in turnover over the previous 12 months",{"type":23,"value":686},". This means you must always check the last 12 months to see whether the threshold has been exceeded. If it has, you should ",{"type":17,"tag":36,"props":688,"children":689},{},[690],{"type":23,"value":691},"get in touch with an accountant",{"type":23,"value":76},{"type":17,"tag":78,"props":694,"children":696},{"id":695},"profitability-calculator-find-out-how-much-youll-pay",[697],{"type":23,"value":698},"Profitability calculator – find out how much you’ll pay!",{"type":17,"tag":25,"props":700,"children":701},{},[702,704,709,711,716,719,721,726,728,733,735,740],{"type":23,"value":703},"If you already know that ",{"type":17,"tag":36,"props":705,"children":706},{},[707],{"type":23,"value":708},"you are required to keep accounting records",{"type":23,"value":710},", one of your first thoughts was probably: ",{"type":17,"tag":36,"props":712,"children":713},{},[714],{"type":23,"value":715},"“How much will this cost me?”",{"type":17,"tag":123,"props":717,"children":718},{},[],{"type":23,"value":720},"\nThe answer is simple: ",{"type":17,"tag":36,"props":722,"children":723},{},[724],{"type":23,"value":725},"it depends",{"type":23,"value":727}," on which option you choose. As with any service, there are ",{"type":17,"tag":36,"props":729,"children":730},{},[731],{"type":23,"value":732},"cheaper but lower-quality options",{"type":23,"value":734},", ",{"type":17,"tag":36,"props":736,"children":737},{},[738],{"type":23,"value":739},"more expensive and better ones",{"type":23,"value":741},", or… expensive and still not very good.",{"type":17,"tag":25,"props":743,"children":744},{},[745,747,752,754,759],{"type":23,"value":746},"In practice, you have two main options: ",{"type":17,"tag":36,"props":748,"children":749},{},[750],{"type":23,"value":751},"handing everything over to an accountant, or using accounting software yourself",{"type":23,"value":753},". Each solution has its pros and cons, but in most cases, working with an ",{"type":17,"tag":36,"props":755,"children":756},{},[757],{"type":23,"value":758},"authorized accountant",{"type":23,"value":760}," is the best choice. Accounting software makes sense mainly for very small businesses with a limited number of simple documents.",{"type":17,"tag":25,"props":762,"children":763},{},[764,766,771,774],{"type":23,"value":765},"Alright, let’s get to the point: ",{"type":17,"tag":36,"props":767,"children":768},{},[769],{"type":23,"value":770},"how much will it cost?",{"type":17,"tag":123,"props":772,"children":773},{},[],{"type":23,"value":775},"\nYou can calculate it using our calculator below:",{"type":17,"tag":777,"props":778,"children":779},"accounting-calculator",{},[],{"type":17,"tag":542,"props":781,"children":783},{"id":782},"accounting-calculator-how-it-works",[784],{"type":23,"value":785},"Accounting calculator – how it works",{"type":17,"tag":25,"props":787,"children":788},{},[789,791,796,798,803],{"type":23,"value":790},"In the calculator, we take into account the ",{"type":17,"tag":36,"props":792,"children":793},{},[794],{"type":23,"value":795},"key factors",{"type":23,"value":797}," that are most commonly used to determine the ",{"type":17,"tag":36,"props":799,"children":800},{},[801],{"type":23,"value":802},"final price of accounting services",{"type":23,"value":804},":",{"type":17,"tag":304,"props":806,"children":807},{},[808,818,828],{"type":17,"tag":308,"props":809,"children":810},{},[811,816],{"type":17,"tag":36,"props":812,"children":813},{},[814],{"type":23,"value":815},"Type of business",{"type":23,"value":817}," – prices differ for sole proprietorships and companies.",{"type":17,"tag":308,"props":819,"children":820},{},[821,826],{"type":17,"tag":36,"props":822,"children":823},{},[824],{"type":23,"value":825},"Number of documents per month",{"type":23,"value":827}," – one of the main drivers of cost.",{"type":17,"tag":308,"props":829,"children":830},{},[831,836],{"type":17,"tag":36,"props":832,"children":833},{},[834],{"type":23,"value":835},"Number of employees",{"type":23,"value":837}," – payroll handling also increases the price.",{"type":17,"tag":25,"props":839,"children":840},{},[841],{"type":23,"value":842},"Based on this information, you will see:",{"type":17,"tag":304,"props":844,"children":845},{},[846,856,865],{"type":17,"tag":308,"props":847,"children":848},{},[849,851],{"type":23,"value":850},"The cost of ",{"type":17,"tag":36,"props":852,"children":853},{},[854],{"type":23,"value":855},"authorized accounting services at Efirma Regnskap AS",{"type":17,"tag":308,"props":857,"children":858},{},[859,860],{"type":23,"value":850},{"type":17,"tag":36,"props":861,"children":862},{},[863],{"type":23,"value":864},"doing your own accounting using the Efirma.no software",{"type":17,"tag":308,"props":866,"children":867},{},[868,870,875],{"type":23,"value":869},"The ",{"type":17,"tag":36,"props":871,"children":872},{},[873],{"type":23,"value":874},"average cost of accounting in Norway",{"type":23,"value":876},", calculated by us based on data from around 35 accounting offices across the country.",{"type":17,"tag":25,"props":878,"children":879},{},[880,882,887],{"type":23,"value":881},"All prices shown are ",{"type":17,"tag":36,"props":883,"children":884},{},[885],{"type":23,"value":886},"net amounts",{"type":23,"value":76},{"type":17,"tag":78,"props":889,"children":891},{"id":890},"whats-the-most-cost-effective-option",[892],{"type":23,"value":893},"What’s the most cost-effective option?",{"type":17,"tag":25,"props":895,"children":896},{},[897,899,904],{"type":23,"value":898},"As you can see in the calculator, ",{"type":17,"tag":36,"props":900,"children":901},{},[902],{"type":23,"value":903},"from a purely financial perspective, using the Efirma.no accounting software is always the cheapest option",{"type":23,"value":905},". However, that doesn’t mean it’s always the best solution for everyone.",{"type":17,"tag":25,"props":907,"children":908},{},[909,911,916,918,923,925,930,932,937],{"type":23,"value":910},"When you handle accounting yourself using software, ",{"type":17,"tag":36,"props":912,"children":913},{},[914],{"type":23,"value":915},"you are fully responsible",{"type":23,"value":917}," for everything that gets booked. You must do the bookkeeping on your own, remember to submit reports on time, use the correct accounting codes, and so on. In short, this option ",{"type":17,"tag":36,"props":919,"children":920},{},[921],{"type":23,"value":922},"requires a lot of involvement and free time",{"type":23,"value":924},". Still, if you ",{"type":17,"tag":36,"props":926,"children":927},{},[928],{"type":23,"value":929},"run a small business",{"type":23,"value":931},", it may be the ",{"type":17,"tag":36,"props":933,"children":934},{},[935],{"type":23,"value":936},"best choice",{"type":23,"value":938}," for you.",{"type":17,"tag":25,"props":940,"children":941},{},[942,944,949,951,955,957,962],{"type":23,"value":943},"The second option is to ",{"type":17,"tag":36,"props":945,"children":946},{},[947],{"type":23,"value":948},"entrust your accounting to a professional accountant",{"type":23,"value":950},". This must be an ",{"type":17,"tag":36,"props":952,"children":953},{},[954],{"type":23,"value":758},{"type":23,"value":956},", as only such professionals are legally allowed to provide accounting services to businesses in Norway. As shown in the calculator, ",{"type":17,"tag":36,"props":958,"children":959},{},[960],{"type":23,"value":961},"the most cost-effective option in this category (and not just financially) is authorized accounting at Efirma Regnskap AS",{"type":23,"value":76},{"type":17,"tag":25,"props":964,"children":965},{},[966],{"type":23,"value":967},"This solution is especially well suited for entrepreneurs who don’t have the time or energy to deal with paperwork. Your accountant will take full care of your company, handle all key obligations, and ensure that all reports are submitted on time-helping you avoid penalties from the tax authorities.",{"type":17,"tag":25,"props":969,"children":970},{},[971],{"type":17,"tag":36,"props":972,"children":973},{},[974],{"type":23,"value":975},"If you’d like to speak with a specialist about this, feel free to contact us at: +47 21 38 38 21. We’re available Monday–Friday from 9:00 to 21:00 and will be happy to help!",{"type":17,"tag":25,"props":977,"children":978},{},[979],{"type":17,"tag":51,"props":980,"children":981},{},[982,983],{"type":23,"value":560},{"type":17,"tag":562,"props":984,"children":985},{"href":564},[986],{"type":23,"value":567},{"title":7,"searchDepth":569,"depth":569,"links":988},[989,990,993],{"id":604,"depth":572,"text":607},{"id":695,"depth":572,"text":698,"children":991},[992],{"id":782,"depth":569,"text":785},{"id":890,"depth":572,"text":893},"content:news:accounting-cost-calculator:index.md","news/accounting-cost-calculator/index.md","news/accounting-cost-calculator/index",{"loc":588},{"_path":999,"_dir":5,"_draft":6,"_partial":6,"_locale":7,"title":1000,"description":1001,"date":1002,"category":11,"image":1003,"body":1004,"_type":579,"_id":1699,"_source":581,"_file":1700,"_stem":1701,"_extension":584,"sitemap":1702},"/news/when-start-nuf","When is it worth setting up a NUF in Norway?","When does it make sense to set up a NUF in Norway? Learn the differences between NUF, ENK and AS and find out which option is best for your business!","2025-10-22","/assets/images/blog/when-start-nuf.jpg",{"type":14,"children":1005,"toc":1687},[1006,1011,1050,1062,1068,1091,1109,1114,1120,1132,1151,1156,1168,1174,1204,1216,1233,1245,1251,1277,1282,1287,1298,1310,1336,1341,1346,1358,1364,1369,1381,1386,1405,1410,1422,1434,1440,1446,1514,1520,1588,1592,1604,1643,1653,1676],{"type":17,"tag":18,"props":1007,"children":1009},{"id":1008},"when-is-it-worth-setting-up-a-nuf-in-norway",[1010],{"type":23,"value":1000},{"type":17,"tag":25,"props":1012,"children":1013},{},[1014,1016,1021,1023,1028,1029,1034,1036,1041,1043,1048],{"type":23,"value":1015},"Are you planning to expand your operations with ",{"type":17,"tag":36,"props":1017,"children":1018},{},[1019],{"type":23,"value":1020},"a business presence in Norway",{"type":23,"value":1022}," and wondering which structure makes the most sense? Choosing between a ",{"type":17,"tag":51,"props":1024,"children":1025},{},[1026],{"type":23,"value":1027},"NUF",{"type":23,"value":49},{"type":17,"tag":51,"props":1030,"children":1031},{},[1032],{"type":23,"value":1033},"Norwegian-registered foreign enterprise",{"type":23,"value":1035},"), an ",{"type":17,"tag":51,"props":1037,"children":1038},{},[1039],{"type":23,"value":1040},"ENK",{"type":23,"value":1042}," (sole proprietorship) and an ",{"type":17,"tag":51,"props":1044,"children":1045},{},[1046],{"type":23,"value":1047},"AS",{"type":23,"value":1049}," (limited company) can have a major impact on how you run your business-costs, compliance, taxation and overall risk.",{"type":17,"tag":25,"props":1051,"children":1052},{},[1053,1055,1060],{"type":23,"value":1054},"Each option comes with different obligations, fees and potential tax outcomes. In this article, we explain ",{"type":17,"tag":36,"props":1056,"children":1057},{},[1058],{"type":23,"value":1059},"when a NUF is worth considering",{"type":23,"value":1061}," and when it’s usually better to register a local Norwegian business instead. That way, you can more easily choose the structure that fits your goals and your situation.",{"type":17,"tag":78,"props":1063,"children":1065},{"id":1064},"nuf-what-is-it",[1066],{"type":23,"value":1067},"NUF – what is it?",{"type":17,"tag":25,"props":1069,"children":1070},{},[1071,1075,1077,1082,1084,1089],{"type":17,"tag":36,"props":1072,"children":1073},{},[1074],{"type":23,"value":1027},{"type":23,"value":1076}," stands for ",{"type":17,"tag":51,"props":1078,"children":1079},{},[1080],{"type":23,"value":1081},"norskregistrert utenlandsk foretak",{"type":23,"value":1083},", which is essentially a Norwegian branch of a company registered in another country. In practice, it means you operate in Norway through a ",{"type":17,"tag":36,"props":1085,"children":1086},{},[1087],{"type":23,"value":1088},"branch",{"type":23,"value":1090},", while the main entity is registered abroad.",{"type":17,"tag":25,"props":1092,"children":1093},{},[1094,1096,1101,1103,1107],{"type":23,"value":1095},"A NUF branch is subject to Norwegian rules (largely similar to those that apply to Norwegian AS companies), but the ",{"type":17,"tag":36,"props":1097,"children":1098},{},[1099],{"type":23,"value":1100},"foreign parent company is directly responsible",{"type":23,"value":1102}," for the branch’s obligations and activities. Unlike a Norwegian AS, a NUF does ",{"type":17,"tag":36,"props":1104,"children":1105},{},[1106],{"type":23,"value":99},{"type":23,"value":1108}," require any minimum share capital at the time of registration.",{"type":17,"tag":25,"props":1110,"children":1111},{},[1112],{"type":23,"value":1113},"Any foreign business that intends to carry out commercial activity in Norway-whether for a short contract or on a long-term basis-must obtain a Norwegian organisation number. This can be done either by registering a NUF branch or by establishing a separate Norwegian company.",{"type":17,"tag":78,"props":1115,"children":1117},{"id":1116},"when-is-a-nuf-a-good-option",[1118],{"type":23,"value":1119},"When is a NUF a good option?",{"type":17,"tag":25,"props":1121,"children":1122},{},[1123,1125,1130],{"type":23,"value":1124},"A NUF branch is typically recommended for businesses that ",{"type":17,"tag":36,"props":1126,"children":1127},{},[1128],{"type":23,"value":1129},"already have an established company abroad and want to expand into Norway",{"type":23,"value":1131}," without creating a brand-new legal entity. For example, if a Polish company plans to deliver a project or a series of contracts in Norway, it may register a NUF in order to operate as the same legal entity in the Norwegian market. This keeps responsibility on the parent company and can simplify internal management-Norwegian operations become an integrated part of the foreign company.",{"type":17,"tag":25,"props":1133,"children":1134},{},[1135,1137,1142,1144,1149],{"type":23,"value":1136},"This structure can be useful if you want to ",{"type":17,"tag":36,"props":1138,"children":1139},{},[1140],{"type":23,"value":1141},"maintain one unified company structure internationally",{"type":23,"value":1143},"-for instance, profits generated in Norway belong directly to the parent company (no need to declare dividends from a separate Norwegian company). A NUF can also work well for ",{"type":17,"tag":36,"props":1145,"children":1146},{},[1147],{"type":23,"value":1148},"temporary projects",{"type":23,"value":1150},", where you expect to operate in Norway for a limited time and would rather avoid establishing-and later liquidating-a full Norwegian company.",{"type":17,"tag":25,"props":1152,"children":1153},{},[1154],{"type":23,"value":1155},"It’s also worth noting that Norwegian law does not impose strict limits on the legal form of the foreign parent company. A NUF can be registered by a limited company, a large corporation, a partnership, or even a sole proprietorship operating abroad.",{"type":17,"tag":25,"props":1157,"children":1158},{},[1159,1161,1166],{"type":23,"value":1160},"For larger companies, there can be a tax-related advantage as well: if the company’s main seat and management remain abroad, ",{"type":17,"tag":36,"props":1162,"children":1163},{},[1164],{"type":23,"value":1165},"Norway generally taxes only the income attributable to the branch’s activity in Norway",{"type":23,"value":1167},". In other words, the Norwegian tax authority will tax profits generated in Norway, while the rest of the parent company’s operations are taxed in the home country (in line with local rules and applicable double-tax treaties). This can be beneficial for businesses operating across multiple countries-the Norwegian branch works locally while remaining financially part of the parent company.",{"type":17,"tag":78,"props":1169,"children":1171},{"id":1170},"when-is-enk-or-as-a-better-choice-than-nuf",[1172],{"type":23,"value":1173},"When is ENK or AS a better choice than NUF?",{"type":17,"tag":25,"props":1175,"children":1176},{},[1177,1179,1184,1186,1191,1193,1197,1199,1203],{"type":23,"value":1178},"Despite these advantages, ",{"type":17,"tag":36,"props":1180,"children":1181},{},[1182],{"type":23,"value":1183},"a NUF is not always the best choice",{"type":23,"value":1185},", especially for small business owners and people starting from scratch in Norway. If you ",{"type":17,"tag":36,"props":1187,"children":1188},{},[1189],{"type":23,"value":1190},"don’t already run a substantial business abroad",{"type":23,"value":1192}," and simply want to start a business in Norway (for example, as a Pole moving to Norway), it is usually more practical to register a local ",{"type":17,"tag":36,"props":1194,"children":1195},{},[1196],{"type":23,"value":1040},{"type":23,"value":1198}," or establish an ",{"type":17,"tag":36,"props":1200,"children":1201},{},[1202],{"type":23,"value":1047},{"type":23,"value":76},{"type":17,"tag":25,"props":1205,"children":1206},{},[1207,1209,1214],{"type":23,"value":1208},"For individuals operating on a smaller scale, ",{"type":17,"tag":36,"props":1210,"children":1211},{},[1212],{"type":23,"value":1213},"ENK (sole proprietorship)",{"type":23,"value":1215}," is often the simplest option: fast registration, no capital requirements and minimal formalities. The downside is that the owner has unlimited personal liability-but a similar situation can apply to a NUF if the foreign parent is a sole proprietorship. In that case, you still carry unlimited personal liability, and setting up a NUF does not provide extra legal protection-it may only complicate the structure (operating in two countries).",{"type":17,"tag":25,"props":1217,"children":1218},{},[1219,1221,1225,1227,1232],{"type":23,"value":1220},"A Norwegian ",{"type":17,"tag":36,"props":1222,"children":1223},{},[1224],{"type":23,"value":1047},{"type":23,"value":1226}," is comparable to a limited liability company: it separates company assets from private assets (liability is limited to the company’s capital), and it also allows the owner to be employed by their own company. The minimum share capital is currently ",{"type":17,"tag":36,"props":1228,"children":1229},{},[1230],{"type":23,"value":1231},"30,000 NOK",{"type":23,"value":76},{"type":17,"tag":25,"props":1234,"children":1235},{},[1236,1238,1243],{"type":23,"value":1237},"In practice, if you don’t need a single international structure and you want strong credibility in Norway, it is often ",{"type":17,"tag":36,"props":1239,"children":1240},{},[1241],{"type":23,"value":1242},"better to set up a local AS",{"type":23,"value":1244}," from the start. AS is widely recognised in Norway, and clients, banks and investors typically trust an AS more than a foreign branch without share capital. Running an AS also keeps you within one legal and tax system, which makes many things easier (and avoids juggling rules from two countries at the same time).",{"type":17,"tag":78,"props":1246,"children":1248},{"id":1247},"the-nuf-registration-process-in-norway",[1249],{"type":23,"value":1250},"The NUF registration process in Norway",{"type":17,"tag":25,"props":1252,"children":1253},{},[1254,1256,1261,1263,1268,1270,1275],{"type":23,"value":1255},"To ",{"type":17,"tag":36,"props":1257,"children":1258},{},[1259],{"type":23,"value":1260},"register a NUF branch",{"type":23,"value":1262},", you must submit it to the Brønnøysund Register Centre (",{"type":17,"tag":51,"props":1264,"children":1265},{},[1266],{"type":23,"value":1267},"Brønnøysundregistrene",{"type":23,"value":1269},"). In practice, this is done through a coordinated registration form (",{"type":17,"tag":51,"props":1271,"children":1272},{},[1273],{"type":23,"value":1274},"Samordnet registermelding",{"type":23,"value":1276},") for a foreign enterprise with a Norwegian branch.",{"type":17,"tag":25,"props":1278,"children":1279},{},[1280],{"type":23,"value":1281},"At the moment, NUF registration is often less automated than the registration of Norwegian companies. It may require filling out a paper form (available on Brønnøysundregistrene’s website) and sending it by post, or submitting scanned documents through a dedicated contact form. You must attach documentation proving that the parent company exists-for example, an extract from the foreign business register (such as Poland’s KRS), translated into Norwegian or English, as well as the parent company’s articles/constitution and any relevant powers of attorney.",{"type":17,"tag":25,"props":1283,"children":1284},{},[1285],{"type":23,"value":1286},"If individuals registering the NUF (or holding formal roles, such as branch signatories) do not have a Norwegian personal number, they must also apply for a temporary D-number. The D-number application can be included with the registration documents.",{"type":17,"tag":25,"props":1288,"children":1289},{},[1290,1292,1296],{"type":23,"value":1291},"The branch name is typically the parent company’s name with “NUF” added. If the foreign enterprise registers its branch in the Norwegian Register of Business Enterprises (",{"type":17,"tag":51,"props":1293,"children":1294},{},[1295],{"type":23,"value":360},{"type":23,"value":1297},"), the branch is expected to use the official parent company name followed by “NUF”. For example, if a Polish company “XYZ sp. z o.o.” opens a branch, the Norwegian name might be “XYZ Sp. z o.o. NUF”.",{"type":17,"tag":25,"props":1299,"children":1300},{},[1301,1303,1308],{"type":23,"value":1302},"NUF registration is subject to ",{"type":17,"tag":36,"props":1304,"children":1305},{},[1306],{"type":23,"value":1307},"official fees",{"type":23,"value":1309},", similar to company registration. As of 03.09.2025, the fees are:",{"type":17,"tag":304,"props":1311,"children":1312},{},[1313,1325],{"type":17,"tag":308,"props":1314,"children":1315},{},[1316,1318,1323],{"type":23,"value":1317},"registration in the Central Coordinating Register (",{"type":17,"tag":51,"props":1319,"children":1320},{},[1321],{"type":23,"value":1322},"Enhetsregisteret",{"type":23,"value":1324},") only: 3,378 NOK",{"type":17,"tag":308,"props":1326,"children":1327},{},[1328,1330,1334],{"type":23,"value":1329},"full registration in the Register of Business Enterprises (",{"type":17,"tag":51,"props":1331,"children":1332},{},[1333],{"type":23,"value":360},{"type":23,"value":1335},"): 3,925 NOK",{"type":17,"tag":25,"props":1337,"children":1338},{},[1339],{"type":23,"value":1340},"Because foreign enterprises operating in Norway are generally required to register in both registers, most NUF branches pay 3,925 NOK in practice.",{"type":17,"tag":25,"props":1342,"children":1343},{},[1344],{"type":23,"value":1345},"For comparison, registering a new Norwegian AS online costs 6,500 NOK (7,653 NOK on paper). So in terms of fees, NUF is cheaper to set up.",{"type":17,"tag":25,"props":1347,"children":1348},{},[1349,1351,1356],{"type":23,"value":1350},"Processing times at Brønnøysundregistrene depend on workload and are usually between one and several weeks. After registration, the branch receives a unique organisation number (",{"type":17,"tag":51,"props":1352,"children":1353},{},[1354],{"type":23,"value":1355},"organisasjonsnummer",{"type":23,"value":1357},").",{"type":17,"tag":78,"props":1359,"children":1361},{"id":1360},"legal-and-tax-obligations-for-a-nuf",[1362],{"type":23,"value":1363},"Legal and tax obligations for a NUF",{"type":17,"tag":25,"props":1365,"children":1366},{},[1367],{"type":23,"value":1368},"When you register a NUF, you should be aware that operating a branch in Norway is regulated much like operating a Norwegian business.",{"type":17,"tag":25,"props":1370,"children":1371},{},[1372,1374,1379],{"type":23,"value":1373},"First, a NUF branch with taxable activity in Norway generally must keep full accounts in accordance with Norwegian rules and submit annual financial statements to the Accounting Register (",{"type":17,"tag":51,"props":1375,"children":1376},{},[1377],{"type":23,"value":1378},"Regnskapsregisteret",{"type":23,"value":1380},"). Even though the branch is not a separate company, if it generates taxable income in Norway it may still be required to prepare and file annual reports (balance sheet, profit and loss statement, etc.) similar to an AS.",{"type":17,"tag":25,"props":1382,"children":1383},{},[1384],{"type":23,"value":1385},"Larger branches may also be subject to audit requirements-if annual turnover exceeds 7 million NOK, an auditor may be required to review the annual accounts. In practice, these thresholds are similar to those applied to AS companies.",{"type":17,"tag":25,"props":1387,"children":1388},{},[1389,1391,1396,1398,1403],{"type":23,"value":1390},"Tax-wise, as mentioned above, a NUF branch generally reports and pays tax in Norway on income attributable to activity in Norway. Norway’s corporate income tax rate is currently 22%, and that is typically the tax applied to profits generated by the Norwegian branch (assuming the parent company is a corporate entity). Corporate tax is usually paid in two equal instalments in the year following the tax year (by 15 February and 15 April). Tax reporting is done by submitting the annual tax return (",{"type":17,"tag":51,"props":1392,"children":1393},{},[1394],{"type":23,"value":1395},"skattemelding",{"type":23,"value":1397},") to the Norwegian Tax Administration (",{"type":17,"tag":51,"props":1399,"children":1400},{},[1401],{"type":23,"value":1402},"Skatteetaten",{"type":23,"value":1404},"), with the standard deadline being 31 May for the previous year.",{"type":17,"tag":25,"props":1406,"children":1407},{},[1408],{"type":23,"value":1409},"It’s also worth noting that if the foreign parent company is a limited liability entity comparable to a Norwegian AS, taxation in Norway often ends at the 22% profit level-internal transfers to the parent company are generally not subject to additional Norwegian tax. However, if the branch is owned by an individual (e.g., the parent company is a sole proprietorship), profits may be treated as personal income and taxed progressively-often resulting in a higher overall tax burden.",{"type":17,"tag":25,"props":1411,"children":1412},{},[1413,1415,1420],{"type":23,"value":1414},"Hiring employees in a NUF branch follows the same rules as in Norwegian companies. Employees in Norway are entitled to full Norwegian social benefits, including 100% sick pay from day one (the employer covers the first 16 days, NAV from day 17), unemployment benefits in case of job loss, and pension accrual based on salary. The branch must also handle payroll tax withholding, employer social security contributions, monthly reporting (",{"type":17,"tag":51,"props":1416,"children":1417},{},[1418],{"type":23,"value":1419},"a-melding",{"type":23,"value":1421},"), and other obligations-just like a local employer.",{"type":17,"tag":25,"props":1423,"children":1424},{},[1425,1427,1432],{"type":23,"value":1426},"As for VAT, a NUF is treated the same as a Norwegian business. The branch must register for VAT (",{"type":17,"tag":51,"props":1428,"children":1429},{},[1430],{"type":23,"value":1431},"Merverdiavgiftsregisteret",{"type":23,"value":1433},") once VAT-liable turnover exceeds 50,000 NOK within a rolling 12-month period. Businesses from the EU/EEA (including Poland) can normally register for Norwegian VAT without appointing a local VAT representative. After registration, the branch submits VAT returns (usually every two months) and pays or claims VAT according to the standard rules.",{"type":17,"tag":78,"props":1435,"children":1437},{"id":1436},"nuf-pros-and-cons-quick-overview",[1438],{"type":23,"value":1439},"NUF pros and cons – quick overview",{"type":17,"tag":542,"props":1441,"children":1443},{"id":1442},"advantages-of-nuf",[1444],{"type":23,"value":1445},"Advantages of NUF",{"type":17,"tag":304,"props":1447,"children":1448},{},[1449,1462,1475,1488,1501],{"type":17,"tag":308,"props":1450,"children":1451},{},[1452,1457,1460],{"type":17,"tag":36,"props":1453,"children":1454},{},[1455],{"type":23,"value":1456},"No minimum share capital",{"type":17,"tag":123,"props":1458,"children":1459},{},[],{"type":23,"value":1461},"\nYou don’t need to contribute a minimum share capital amount (unlike AS, which requires at least 30,000 NOK). This lowers the barrier to entry and reduces startup costs.",{"type":17,"tag":308,"props":1463,"children":1464},{},[1465,1470,1473],{"type":17,"tag":36,"props":1466,"children":1467},{},[1468],{"type":23,"value":1469},"Lower registration fees",{"type":17,"tag":123,"props":1471,"children":1472},{},[],{"type":23,"value":1474},"\nRegistration in the Register of Business Enterprises costs 3,925 NOK, while registering an AS online costs 6,500 NOK.",{"type":17,"tag":308,"props":1476,"children":1477},{},[1478,1483,1486],{"type":17,"tag":36,"props":1479,"children":1480},{},[1481],{"type":23,"value":1482},"One unified company structure",{"type":17,"tag":123,"props":1484,"children":1485},{},[],{"type":23,"value":1487},"\nA NUF allows you to operate in Norway under the same legal entity as abroad. Contracts, assets and profits belong directly to the parent company, which can simplify management-especially for businesses active in several countries.",{"type":17,"tag":308,"props":1489,"children":1490},{},[1491,1496,1499],{"type":17,"tag":36,"props":1492,"children":1493},{},[1494],{"type":23,"value":1495},"Avoiding double taxation of global profits",{"type":17,"tag":123,"props":1497,"children":1498},{},[],{"type":23,"value":1500},"\nNorway generally taxes only the income generated by the branch in Norway, while the rest remains taxed in the home country. Double-tax treaties help ensure the same profits aren’t taxed twice.",{"type":17,"tag":308,"props":1502,"children":1503},{},[1504,1509,1512],{"type":17,"tag":36,"props":1505,"children":1506},{},[1507],{"type":23,"value":1508},"Easier exit from the Norwegian market",{"type":17,"tag":123,"props":1510,"children":1511},{},[],{"type":23,"value":1513},"\nIf a project ends or the business doesn’t work out, closing a branch is often simpler than liquidating a Norwegian company. You deregister the branch in Norway while the parent company continues operating abroad.",{"type":17,"tag":542,"props":1515,"children":1517},{"id":1516},"disadvantages-and-limitations-of-nuf",[1518],{"type":23,"value":1519},"Disadvantages and limitations of NUF",{"type":17,"tag":304,"props":1521,"children":1522},{},[1523,1536,1549,1562,1575],{"type":17,"tag":308,"props":1524,"children":1525},{},[1526,1531,1534],{"type":17,"tag":36,"props":1527,"children":1528},{},[1529],{"type":23,"value":1530},"Two sets of rules and more administration",{"type":17,"tag":123,"props":1532,"children":1533},{},[],{"type":23,"value":1535},"\nA NUF often means compliance in both Norway and the home country-potentially more accounting, reporting and legal complexity. For small businesses, this can be disproportionally burdensome.",{"type":17,"tag":308,"props":1537,"children":1538},{},[1539,1544,1547],{"type":17,"tag":36,"props":1540,"children":1541},{},[1542],{"type":23,"value":1543},"Lower credibility in the local market (sometimes)",{"type":17,"tag":123,"props":1545,"children":1546},{},[],{"type":23,"value":1548},"\nSome Norwegian partners may view foreign branches as less transparent than local AS companies. Past misuse of NUF structures has also created some scepticism in certain industries. Banks and contractors may be more cautious, especially regarding enforcement of claims against a foreign parent entity.",{"type":17,"tag":308,"props":1550,"children":1551},{},[1552,1557,1560],{"type":17,"tag":36,"props":1553,"children":1554},{},[1555],{"type":23,"value":1556},"No automatic limitation of liability",{"type":17,"tag":123,"props":1558,"children":1559},{},[],{"type":23,"value":1561},"\nThe level of liability protection depends on the legal form of the parent company. If the parent is a limited company, owners benefit from limited liability-but if the parent is a sole proprietorship, the owner may still have unlimited personal liability for the Norwegian branch’s obligations.",{"type":17,"tag":308,"props":1563,"children":1564},{},[1565,1570,1573],{"type":17,"tag":36,"props":1566,"children":1567},{},[1568],{"type":23,"value":1569},"More complex registration process",{"type":17,"tag":123,"props":1571,"children":1572},{},[],{"type":23,"value":1574},"\nSetting up a NUF can involve paper forms and document submission, while ENK and AS are often fully online via Altinn. This can mean more effort and longer processing time.",{"type":17,"tag":308,"props":1576,"children":1577},{},[1578,1583,1586],{"type":17,"tag":36,"props":1579,"children":1580},{},[1581],{"type":23,"value":1582},"Ongoing accounting and compliance costs",{"type":17,"tag":123,"props":1584,"children":1585},{},[],{"type":23,"value":1587},"\nWhile registration is cheaper, operating a NUF can involve higher costs due to bookkeeping, reporting, translations, and potentially audit requirements. For a small business, this may be heavier than running a simple ENK.",{"type":17,"tag":78,"props":1589,"children":1590},{"id":527},[1591],{"type":23,"value":530},{"type":17,"tag":25,"props":1593,"children":1594},{},[1595,1597,1602],{"type":23,"value":1596},"Setting up a ",{"type":17,"tag":36,"props":1598,"children":1599},{},[1600],{"type":23,"value":1601},"NUF in Norway",{"type":23,"value":1603}," can be a strong option for medium-sized and larger businesses that want to enter the Norwegian market while keeping their existing legal and financial structure. A foreign branch can make it easier to operate under one entity, avoid double taxation of global profits, and close operations in Norway more smoothly after a project ends. However, it also comes with significant compliance requirements, Norwegian accounting and reporting obligations, and in some cases lower trust from local counterparts.",{"type":17,"tag":25,"props":1605,"children":1606},{},[1607,1609,1614,1615,1619,1621,1625,1627,1631,1633,1637,1638,1642],{"type":23,"value":1608},"For people who are just starting ",{"type":17,"tag":36,"props":1610,"children":1611},{},[1612],{"type":23,"value":1613},"a business in Norway",{"type":23,"value":734},{"type":17,"tag":36,"props":1616,"children":1617},{},[1618],{"type":23,"value":1040},{"type":23,"value":1620}," or ",{"type":17,"tag":36,"props":1622,"children":1623},{},[1624],{"type":23,"value":1047},{"type":23,"value":1626}," is often a better choice. These forms are easier to register, better recognised in the market, and typically provide more transparency when dealing with Norwegian clients, banks and authorities. Ultimately, the right choice depends on your situation: if you already run an established business in Poland or another EEA country, consider ",{"type":17,"tag":36,"props":1628,"children":1629},{},[1630],{"type":23,"value":1027},{"type":23,"value":1632},"; if you’re building a business from scratch in Norway, choose ",{"type":17,"tag":36,"props":1634,"children":1635},{},[1636],{"type":23,"value":1040},{"type":23,"value":1620},{"type":17,"tag":36,"props":1639,"children":1640},{},[1641],{"type":23,"value":1047},{"type":23,"value":76},{"type":17,"tag":25,"props":1644,"children":1645},{},[1646,1651],{"type":17,"tag":36,"props":1647,"children":1648},{},[1649],{"type":23,"value":1650},"Before deciding, it’s a good idea to speak with an accountant",{"type":23,"value":1652}," to match the structure to your plans, business scale and tax considerations. A well-chosen legal form is a solid foundation for growing a successful business in Norway.",{"type":17,"tag":25,"props":1654,"children":1655},{},[1656],{"type":17,"tag":36,"props":1657,"children":1658},{},[1659,1661,1664,1670,1671,1674],{"type":23,"value":1660},"Are you thinking about moving a Polish business to Norway-or simply opening a company here? Contact us at",{"type":17,"tag":123,"props":1662,"children":1663},{},[],{"type":17,"tag":562,"props":1665,"children":1667},{"href":1666},"tel:+4721383821",[1668],{"type":23,"value":1669},"+47 21 38 38 21",{"type":23,"value":76},{"type":17,"tag":123,"props":1672,"children":1673},{},[],{"type":23,"value":1675},"\nWe’re available Monday to Friday, 9:00 AM–9:00 PM, and we’ll be happy to help!",{"type":17,"tag":25,"props":1677,"children":1678},{},[1679],{"type":17,"tag":51,"props":1680,"children":1681},{},[1682,1683],{"type":23,"value":560},{"type":17,"tag":562,"props":1684,"children":1685},{"href":564},[1686],{"type":23,"value":567},{"title":7,"searchDepth":569,"depth":569,"links":1688},[1689,1690,1691,1692,1693,1694,1698],{"id":1064,"depth":572,"text":1067},{"id":1116,"depth":572,"text":1119},{"id":1170,"depth":572,"text":1173},{"id":1247,"depth":572,"text":1250},{"id":1360,"depth":572,"text":1363},{"id":1436,"depth":572,"text":1439,"children":1695},[1696,1697],{"id":1442,"depth":569,"text":1445},{"id":1516,"depth":569,"text":1519},{"id":527,"depth":572,"text":530},"content:news:when-start-nuf:index.md","news/when-start-nuf/index.md","news/when-start-nuf/index",{"loc":999},1778568207570]