Company Formation Norway
Incorporating a company in Norway provides a range of strategic and professional advantages, making it an attractive jurisdiction for both domestic operations and international expansion. Norway’s stable legal and regulatory framework, supported by transparent governance and strong democratic institutions, instills investor confidence while offering robust protection for property and contractual rights, thereby reducing commercial risk and enabling effective long-term planning.
As a member of the European Economic Area (EEA), a Norwegian company enjoys preferential access to the European single market, allowing for the free movement of goods, services, and capital across more than 30 countries. Companies also benefit from access to a highly educated, multilingual workforce, advanced infrastructure, and modern digital systems that facilitate efficient operations, logistics, and scalability.
The domestic market is affluent, with strong consumer purchasing power, while the government actively promotes innovation, research and development, and sustainability through grants, incentives, and a competitive corporate tax regime. An extensive network of double taxation treaties further supports international investment and effective tax planning.
Collectively, these factors create a professional, resilient, and growth-oriented environment, positioning Norway as a highly favorable jurisdiction for company incorporation.
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Norway LLC Overview & Key Requirements
The Company is to be registered by the Register of Business Enterprises and Tax Administration.
There is a number of types of companies to register in Norway, where the most common type of company is Norwegian Aksjeselskap, AS Company.
The following are the features of Limited Liability Company (LLC) formation in Norway:| Service | Company registration |
|---|---|
| Type of company | Aksjeselskap (AS – Private limited Liability Company) |
| Corporate Tax | 27% on corporate profits |
| Director | At least one person. At least half of the directors have to be EEA residents. Corporate Directors not permitted. |
| Secretary | Not mandatory but recommended |
| Shareholders | Minimum one. Any nationality. Shareholders appoint and dismiss Directors. Ultimate power within the company through the Annual General Meeting of Shareholders. |
| Share Capital | Minimum recommended NOK30,000 (EUR3,000) fully paid up. |
| Registered office / Registered address | Yes, in Norway |
| Accounting | Ongoing accounting and annual filing of financial statements. |
| Audit of Financial Statements | At least one independent licensed Auditor needs to be appointed (smaller companies with less than NOK 5 million in revenue are exempt). |
| Registration Timeframe | 2-3 weeks after the approval of the name & 10 days for delivering the documents |
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