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Norway

Europe · NO · NOR · Kingdom of Norway

22.00%

CORP TAX

8.1/10

TRUST

4/5

BANKING

1–7 days

SETUP

TAXATION

Corporate Tax22.00%

Personal Income Tax39.80%

Capital Gains Tax22.00%

VAT / GST25.00%

Withholding Tax25.00%

Territorial TaxationNo

CFC RulesYes

Tax Treaties90

Transfer PricingYes

Tax-Free ZonesNo

Crypto TaxTaxed as Income

FORMATION

Govt Registration Fee$211

Annual Renewal Fee$500

CSP Fee (Low)$8, 578

CSP Fee (High)$22, 949

Annual Maint (Low)$1, 000

Annual Maint (High)$2, 000

Timeline1–7 Days

Online RegistrationYes

Min Directors1

Min Shareholders1

Local DirectorYes

Local SecretaryNo

BANKING & COMPLIANCE

Banking Ease4/5

Privacy Index4

Audit RequiredYes

Annual FilingYes

BO RegisterYes

UBO DisclosureYes

FATCA CompliantYes

AEOI ParticipantYes

Correspondent BankingExcellent

Crypto RegulationRegulated

Digital BankingExcellent Digital Banking Options Are Available, With Most Banks Offering Online And Mobile Banking Services.

SUITABILITY SCORES

Overall Trust8.1/10

Holding Company4/5

Trading Company4/5

IP Holding3/5

Startup4/5

Crypto3/5

Asset Protection3/5

Top IndustriesPetroleum And Gas, Hydropower, Fishing, Forests, Minerals

Digital Nomad VisaYes

Residency by IncorpNo

Citizenship by InvestNo

incorporator AI Assessment

AUTOMATED ANALYSIS · NORWAY

GOOD

Norway is a Europe jurisdiction offering moderate corporate tax at 22% with strong reputation (trust score: 7/10). Company registration typically takes 1–7 days with formation costs ranging from $8578.00 to $22949.00. Banking ease is rated 4/10.

ADVANTAGES

+Highly suitable for startups and tech companies
+Crypto-friendly regulatory environment
+Fast company registration process

DISADVANTAGES

−Challenging banking environment for foreign companies
−High formation and maintenance costs

BEST FOR

Holding companiesInternational tradingTech startupsCryptocurrency businesses

RISK FACTORS

Regulatory changes may affect tax and compliance obligationsCurrency exchange risks for non-USD denominated jurisdictions

AI-GENERATED ASSESSMENT · NOT LEGAL OR FINANCIAL ADVICE · VERIFY WITH QUALIFIED PROFESSIONALS

ENTITY TYPES

Limited Liability Company

LLC

limited

Standard limited liability entity for small and medium businesses.

Timeline: 3–21d

Compliance: medium

Min shareholders: 1

Min directors: 1

HoldingTrading

LAST UPDATED FEB 22, 2026

Joint Stock Company

JSC

limited

Public or private corporation with shares.

Timeline: 7–14d

Compliance: high

Min shareholders: 1

Min directors: 3

HoldingTradingIP

LAST UPDATED FEB 22, 2026

Sole Proprietorship

unlimited

Individual business entity with unlimited personal liability.

Timeline: 3–13d

Compliance: low

Min shareholders: 1

Min directors: 1

Trading

LAST UPDATED FEB 22, 2026

Branch Office

parent

Extension of a foreign company operating locally.

Timeline: 3–21d

Compliance: medium

Min shareholders: 1

Min directors: 1

Trading

LAST UPDATED FEB 22, 2026

ARTICLES ABOUT NORWAY

JURISDICTION GUIDE 2 MIN

Norway Business Incorporation Guide 2026

Norway is a Europe jurisdiction offering various opportunities for business incorporation.

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COMPARISON 6 MIN

Norway AS vs. Finland Oy for Business Incorporation: A 2026 Comparison

Last verified: April 2026 This guide is for informational purposes only and does not constitute legal, tax, or financial advice. Always consult a qualified professional for your specific situation.

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JURISDICTION GUIDE 10 MIN

How to Incorporate a Business in Norway: Complete Guide 2026

Last verified: April 2026 Disclaimer: This guide is for informational purposes only and does not constitute legal, tax, or financial advice. Always consult a qualified professional for your specific situation.

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