Norway flag Norway: Operating a Business in Norway

Starting a business in Norway

Legal Forms of Companies

Aksjeselskap, AS (Limited Company)
Number of partners: One or more with no maximum.
A minimum of two directors must be appointed, one of whom must be a Norwegian or European citizen.
Capital (max/min): NOK 30,000
Shareholders and liability: Liability is limited to the amount contributed.
Allmenne aksjeselskap, ASA (Public Limited Company)
Number of partners: One or more with no maximum.
At least 3 directors, at least 2 of whom must be residents in Norway.
Capital (max/min): NOK 1 million
Shareholders and liability: Liability is limited to the amount contributed.
Ansvarslig selskap med delt ansvar, DA (General Partnership w. shared liability)
Number of partners: Two or more with no maximum.
Capital (max/min): No minimum capital.
Shareholders and liability: Unlimited, but each owner is responsible for the share of debt corresponding to his/her share of the ownership
Ansvarslig selskap, ANS (General partnership)
Number of partners: Two or more with no maximum.
Capital (max/min): No minimum capital.
Shareholders and liability: Liability is unlimited.
Enkeltmannsforetak (Sole proprietorship)
Number of partners: Only 1 person.
Capital (max/min): No minimum capital.
Shareholders and liability: Liability is unlimited.
The Competent Organisation
Brønnøysund Register Centre maintains open annual accounts on all Norwegian companies.
Company Directories
Brønnøysund, Register Centre
Register Authority
 
Setting Up a Company Norway OECD
Procedures (number) 4.0 5.2
Time (days) 4.0 9.5

Source: Doing Business, 2016

 
Business Setup Procedures
Consult Doing Business Website, to know about procedures to start a Business in Norway.

Find out more about Operating a Business in Norway on GlobalTrade.net, the Directory for International Trade Service Providers.

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Latest Update: June 2022

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