Guide · Norway

Company Formation & Tax in Norway

Nordic stability and a flat, predictable corporate tax — the AS, registration through Brønnøysund, VAT, and the R&D incentives that lighten the load.

Last reviewed: June 2026 Primary source: Skatteetaten · Brønnøysund Register Centre

Norway pairs one of the world's most stable institutional environments with a flat, internationally competitive corporate tax. It is not in the EU but is part of the EEA single market, giving companies broad European access from a Nordic base.

Choosing an entity

The standard vehicle is the AS (aksjeselskap, private limited company), which requires a minimum share capital of NOK 30,000. Foreign companies often operate through a registered branch (NUF). Registration runs through the Brønnøysund Register Centre (Brønnøysundregistrene), which issues an organisation number and coordinates enrolment with the Norwegian Tax Administration (Skatteetaten); the AS registration fee is around NOK 3,200.

Corporate tax and VAT

TaxRate
Corporate income tax (standard)22%
Financial-sector companies25%
VAT (MVA, standard)25%
VAT (reduced)15% (food) / 12% (transport, accommodation)

Corporate income tax is a flat 22% on worldwide income for resident companies (financial-sector entities pay 25%, and petroleum activities face a special regime totalling 78%). VAT (merverdiavgift, MVA) is 25% standard, with reduced rates of 15% on food and 12% on passenger transport, accommodation and cinema; VAT registration is required once turnover exceeds NOK 50,000.

The flat 22% is the appeal — and SkatteFUNN sweetens it. Norway's R&D scheme provides a deduction worth roughly 19% of qualifying research costs. A 15% withholding tax can apply to interest and royalty payments to low-tax jurisdictions, though EEA and treaty rules often reduce or remove it.

Compliance

Companies file annual financial statements with the register and a corporate tax return with Skatteetaten; corporate tax is paid as "advance tax," typically in instalments the year after the profit is earned, with final settlement later. Changes to directors, shareholders or address must be reported to the register.

Frequently asked questions

What is the corporate tax rate in Norway?

A flat 22% on worldwide income for resident companies (25% for financial-sector entities).

How much capital do I need for an AS?

A minimum share capital of NOK 30,000.

What is the Norwegian VAT rate?

25% standard (MVA), with reduced rates of 15% on food and 12% on transport and accommodation; registration applies above NOK 50,000 turnover.

Is Norway in the EU?

No — but it is part of the EEA, giving access to the European single market.

Official sources

This guide is general information prepared by ARM Management and is current as at June 2026. It is not legal or tax advice; rules and thresholds change. Confirm against Skatteetaten, or with an advisor, before acting.

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