Norway_Europe_Shanghai CHYIELD Enterprise Consulting Co., Ltd.

GLOBAL REGISTRATION

Norway

Advantages of Registering a Company in Norway

1. Welfare system: Superior social welfare, including free public education, healthcare and other social services.

2. Open foreign investment policy: Foreign investors are allowed to hold 100% equity in Norwegian companies with no local‑shareholder requirement.

3. Access to EU market: As an EEA member, Norwegian companies enjoy free access to the EU market.

4. Low corporate income tax: The corporate income tax rate in Norway stands at 22%, slightly above the EU average of around 21%.

5. High‑quality workforce: Norway boasts a highly‑skilled labour force; 60% of the population holds higher‑education qualifications, and the English penetration rate exceeds 90%.

REQUIREMENTS

COMPANY TYPE

MATERIALS

Serial

Name

Details

Company Name

At least three proposed company names shall be provided. The abbreviation for a limited liability company in Norwegian is AS.

Registered Capital

Capital verification is required in Norway. The minimum registered capital is NOK 30,000 (approximately USD 3,200), which must be deposited into a bank account. The bank will freeze this amount until the company registration is completed.

Directors

At least two directors are required. One person may serve as both director and shareholder. No less than 50% of the directors shall be residents of Norway or the European Economic Area (EEA).

Shareholders

At least one shareholder is required.

Business Scope

No special restrictions apply

Registered Address

A registered physical address in Norway is required. P.O. box addresses alone are not acceptable.

Serial

Name

Details

Private Limited Company（AS）

It is the most popular option for foreign investors with limited liability, suitable for small and medium‑sized enterprises.

Minimum registered capital: NOK 30,000, which shall be fully paid‑in and deposited into a Norwegian bank account.

Shareholder requirement: At least one shareholder, with no nationality restrictions.

Director requirement: At least two directors. One person may act as both director and shareholder. No less than 50% of the directors shall be residents of Norway or the European Economic Area (EEA).

Tax advantage: Corporate income tax rate at 22%, and R&D subsidies are available upon application.

Public Limited Company（ASA）

This is another common company type in Norway.

Capital: The statutory minimum registered capital is NOK 1,000,000.

Shareholders: At least one shareholder of any nationality is required.

Directors: At least three directors shall be appointed, two of whom must be residents of Norway.

Audit: An auditor must be appointed.

Serial

Name

Details

Norwegian company name

Provide at least three proposed company names for registry name search.

Information of shareholders and directors

Name, contact details, residential address, email, etc., together with the personal signature of the individual.

Registered capital account

Prepare bank statements of the account intended for capital remittance for the latest six months, together with a bank‑issued customer relationship certificate (stating account opening date, good credit standing of the account and other relevant information).

Business Plan

Relevant notarised documents

If it is a corporate shareholder, a certificate of good standing of the corporate shareholder is required (such as bank letter confirming the status of the corporate account).

REGISTRATION PROCESS

1

Fill in the documents

Fill out the company registration application form and provide the required documents.
2

Company name availability check

Company name availability check
3

Due Diligence (DD)

Conduct due diligence on documents of directors, shareholders and other parties.
4

Document drafting

Draft articles of association and other registration documents
5

Notarization and authentication

Notarisation of documents
6

Open share‑capital account

Open the share‑capital account and complete capital remittance and capital verification.
7

Submit registration application

Submit company registration
8

Open corporate bank account

Traditional bank or digital bank
9

Apply for organisation number

Apply for the company organisation number