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Norway

Partners

Updated 06/2012

Legal requirements

Some of the Acts and Regulations that govern cooperation between enterprises in different countries are:

Forms of cooperation

There are various ways of cooperating with Norwegian enterprises. The type of cooperative arrangement that enterprises opt to enter into with Norwegian firms is often a strategic choice and will be an individual decision in any given case. Examples of forms of cooperation are:

  • Franchise
  • Partnership
  • Joint venture
  • Sub-contracts
  • Cooperation on production
  • Technology transfer
  • Joint research projects

New European business models

European Company - a 'Societas Europaea' (SE) can be established by merging at least two public limited companies in different EU/EEA countries or by restructuring a subsidiary of a limited company in another country. This is intended to make it easier for enterprises to expand and operate in several EU/EEA countries.

For a European Company with an office in Norway, the rules laid down in the Public Limited Companies Act apply wherever appropriate, unless specified otherwise in the SE Regulation or any rules laid down pursuant to that Regulation. Similarly, any other rules laid down in or pursuant to laws that apply to public limited companies generally, or to the operations run by the business enterprise, will also apply to the SE. Any requirement in the law to organise your business as a public limited company does not prevent you from organising as a European Company.

Other options for expanding your business are taking over an existing one, merging with another company or opening a branch in another EU country.

Administrative procedures

Registration

The launch of joint operations and mergers is covered by the rules of company law that apply to the legal form of the enterprise concerned.

European Company: to set up a European Company, you need share capital of at least EUR 120 000, and the company must be registered in the country where it has its head office. An SE can be registered in Norway by registering the Norwegian enterprise as a public limited company in the Register of Business Enterprises.

Avoiding double taxation

In the matter of liability for tax in Norway, you need to check whether there is any basis for taxation in Norway under Norwegian domestic law. It is also important to find out whether any tax agreements have been concluded with the other country. If so, and if this limits the right to tax the assets or income the case relates to, you may choose which method should be applied to avoid double taxation.

If no tax agreement has been concluded with the country concerned, or if the specific situation falls outside the scope of the tax agreement, taxation will be handled according to Norwegian domestic law.

Resources

The Europa portal shows the latest news from the Government and the Ministries. It also provides links and background to Norway's cooperation with Europe where this has a bearing on Norwegian society.

You can find further information on the following web sites:

Programmes

The Enterprise Europe Network databases can help enterprises to find cooperation partners to develop new technology or find a new distributor. The databases hold details of almost 600 European enterprises interested in cooperating with Norwegian industry, and are maintained in collaboration with our colleagues in the Enterprise Europe Network all over Europe.

Help & advice

Help & advice

E-mail a business organisation near you

The EU runs a network (Enterprise Europe Network) of local business organisations in most European countries that may be able to help you.

Choose your country and town and enter your enquiry below.

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