Simplifying the Registration Process for a Norwegian Registered Foreign Business (NUF)

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. However, one has to remember that Norway is not an EU member which makes the registration somewhat more demanding. 

Embarking on the journey to establish a Norwegian Registered Foreign Business (NUF) is a pivotal step for businesses looking to thrive in Norway's stable market. This form of activity may be optimal for foreign companies that have only one assignment in Norway or are simply willing to mark their presence in Norway during negotiating with Norwegian customers.  

A Norwegian Registered Foreign Business is a branch of a foreign company and is not a legal subject in Norway. The registration process involves key institutions and documents, presented in English or Norwegian for a smooth transition.

When considering starting a business in Norway, it is crucial to collaborate with an authorized accounting office. This ensures compliance with local regulations and establishes a solid foundation for your business operations in Norway.

The first step in the registration process is selecting a name for your Norwegian Registered Foreign Business. Ensure that it aligns with your business objectives and resonates with your target audience in Norway. Usually our clients choose the name of the company in the country of origin. The registration confirnation includes the abbreviation NUF.
If you are not sure whether your company's name is still available for the registration purpuses, you can search for it in the Norwegian Business Register: Brønnøysundregisteret 

2. Prepare Necessary Documents:
Compile the required documents, such as registration confirmation from the country of origin, confirmed copy of an id of real beneficiaries and more. The documentation is sent via regular post unless the persons behind the company have access to the digital communication system in Norway: Altinn.

3. Engage a Norwegian Authorized Accounting Office:
Collaborate with an authorized accounting office in Norway to ensure precise financial reporting and compliance with local tax regulations. Usually the accountant offices with experience in assisting foreign companies in Norway will also be able to take your company through the registration process smoothly. 

4. Submit the Registration Application:
Once all documents are in order, submit the registration application to the Brønnøysund Register Centre for prompt processing. The registration may take up to serveral weeks. It is possible to check the registration flow in the Norwegian Register of Businesses

5. Receive Registration Confirmation:
Upon successful processing, you will receive a registration certificate affirming the legal existence of your Norwegian Registered Foreign Business. From now on it will be also visible for everyone at the Register's site brreg.no

Establishing a Norwegian Registered Foreign Business (NUF) is a strategic move for those seeking success in Norway's vibrant business landscape. By following this step-by-step guide and collaborating with an authorized accounting office in Norway, you can navigate the registration process seamlessly. Position your business for success in Norway and unlock the full potential of this thriving market.

Author: Katarzyna Wójcik
Graphics: Canva