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Establishing a Norwegian-registered foreign enterprise (NUF - Norskregistrert Utenlandsk Foretak) can be a strategic move for foreign businesses aiming to enter the Norwegian market. Here’s a comprehensive guide, drawing on detailed information from Novum.no and other authoritative sources, to help you through the process.

We remind all employers 👷‍♀️ 🧼, including those operating branches of foreign companies in Norway. ❌ Employees cannot enter the construction site or the place of assignment without an  HMS-kort identification card (HSE card)❌!

 The dissolution of a limited liability company (aksjeselskap) in Norway can be undertaken for various reasons, such as the cessation of business operations, lack of profitability, or strategic decisions by the owners. The liquidation procedure is meticulously regulated by Norwegian law, aiming to conclude the company's operations in compliance with legal requirements and minimize legal risks for the owners and the management. 

Managing employees of foreign company branches in Norway, known as NUF (Norskregistrert Utenlandsk Foretak), involves several responsibilities, including reporting employees and contracts to Norwegian tax authorities. Forms RF-1198 and RF-1199 are crucial in this process. In this article, we will discuss who should report this information, when and where to submit it, and what data is most important. 

This was supposed to be a LinkedIn post. Professional, engaging, witty. But it had too many characters. So I am using the platform that is provided by Novum Økonomi AS in order to share my story. And raise awarness. 

The process of employee dismissal (avskjed) in Norway is regulated by a series of legal requirements that the employer must fulfill. In this article, you will learn what a proper termination notice should look like and which situations cannot be grounds for terminating an employment contract.

 Have you packed your laptops and tools? Closed your offices and shops? The favorite time of the year is approaching: finally, vacation! Here are the key facts about vacations in Norway and feriepenger – Norwegian holiday pay. 🏖️ ☀️ 🌊 

In Norway, the "vernerunde" or safety inspection by a Health, Safety, and Environment (HSE) representative, commonly referred to as the "verneombud", is a strategic, yet adaptable process crucial for ensuring workplace safety and compliance. These inspections are not only comprehensive but are tailored to the specific needs of each workplace, covering a wide array of factors crucial for maintaining a safe and healthy environment.

Health and Safety as well as risk-management are crucial for every company's operations. As much as general safety rules are observed globally, there are some specific regulations introduced in Norway that one should know about before opening a branch of foreign company (NUF) or a Norwegian Limited Liability Company (AS).

Learn about the obligations of employers in Norway regarding the accommodation of foreign and delegated workers. Get to know the latest regulations and prepare for the upcoming changes from June 1, 2024. 

As Norway dresses in red, white, and blue to celebrate its National Day on May 17th, it's the perfect time for entrepreneurs and businesses around the world to consider the opportunities that this vibrant market has to offer. Whether you are looking at starting a Norwegian Limited Liability Company (LLC) or a Norwegian Registered Foreign Company (NUF), Norway's stable economy and business-friendly environment make it an attractive destination for investment.

Staffing agencies operating in Norway, have experienced a real earthquake due to the ban and restrictions imposed in the construction industry and other sectors of the economy. How is the dispute between Norwegian entrepreneurs and the government unfolding? Check out our latest entry!

Thank you to everyone who joined us for the insightful webinar, "Setting Up for Success: The A-Z of Norwegian Limited Liability Companies." If you couldn't attend the live session, we've got you covered with a recap and details on how you can still benefit from the expert knowledge shared by Anna Korpalska.

After our last post about services of authorized accounting offices in Norway, I received several calls and inquiries from social media. Why should we use an authoriezed accountant in Norway? How can you  make sure the accounting office hold authorization? Where to check, if the accounting offcie we are talking to is authorized? Here are some questions and answers worth taking look at. 

Hiring an authorized accountant is a key decision that can significantly affect the success and financial stability of any company in Norway. The authorization of an accountant is a confirmation of their skills, knowledge, and adherence to high ethical and professional standards, which is essential for anyone conducting business in Norway.

Foreign companies in Norway have been doing well in this complex market for years. Many of our clients have found success in the construction, structural, and shipbuilding industries. For several years, we have observed an increasing interest in the Norwegian market among Polish companies dealing with green energy at our authorized accounting office. See what prospects await the offshore wind energy market in Norway!

Norwegian labor law is being adapted to EU legislation. In 2024, new changes regarding employment contracts come into effect. What does an employer in Norway need to know about these changes ? As usual, we strive to stay up-to-date and provide the most important information for companies in Norway.
💎 NOTE! 💎 The changes also apply to Norwegian Registered Foreign Businesses.

From January 1, 2024, significant changes come into effect in the regulations concerning safety representatives and committees for health and safety (HMS - Health, Environment, and Safety) in Norway. These changes could impact numerous small and medium-sized enterprises operating in Norway. NOTE! The regulations also apply to foreign companies in Norway (NUF).

You may have read about the new regulations concerning staffing agencies in Norway. Leasing personnel from staffing agencies in the building industry in Oslo, Viken and former Vestfold region is no longer allowed. In other regions leasing of workforce has been strictly limited. If you wish to know more about the new registration system for staffing agencies, just take a look at our article. 

Norway stands as an attractive hub for entrepreneurs seeking to establish a presence in the region. If an international investor eyeing opportunities in Norway, registering a Norwegian Registered Foreign Business (NUF) is a strategic move. This article serves as a comprehensive guide.

🎄Every autumn, Norwegian employees eagerly await a specific tax benefit. In November, it is common practice to collect only half of the income tax advance in either November or December. Sometimes, the reduced tax advance is mistakenly referred to as a 🎁 "gift from the king." Is it truly a gift from the tax authorities? 🎅

In the competitive landscape of Norwegian business, mastering accounting standards is pivotal for success. Our expert and CEO of InterNovum Polska unfolds the details of reporting and accounting practices in Norway.