Starting a Business in


Below is a detailed summary of the bureaucratic and legal hurdles faced by entrepreneurs wishing to incorporate and register a new firm in Norway. It examines the procedures, time and cost involved in launching a commercial or industrial firm with between 10 and 50 employees and start-up capital of 10 times the economy's per-capita gross national income.

This information was collected as part of the Doing Business project, which measures and compares regulations relevant to the life cycle of a small- to medium-sized domestic business in 190 economies. The most recent round of data collection was completed in June 2016.

Compare Norway to 189 other economies.

  • No. Procedure Time to Complete Associated Costs

    Deposit start-up capital in a bank

    Agency: Bank

    The partners need to deposit the paid-in minimum capital (at least NOK 30,000) in a bank. The procedure is done electronically through the bank’s online platform. One of the commonly used banks by private persons and business owners is DNB ASA. It’s website is www.dnb.no. The account is blocked until the company has been registered.

    Less than one day (online procedure) no charge

    Register with the Register of Business Enterprises and file for VAT registration

    Agency: Register of Business Enterprises

    The web-based filing system allows for electronic signature of the registration form and for the possibility to upload all attachments (i.e., copies of signed versions of the memorandum, auditor statements, and the rest) electronically.

    It is still possible to file all documents manually by regular mail as well. In some cases registration inquiries cannot be filed online (i.e., mergers, some cases of increase of share capital, and so on) and must be filed by mail.

    VAT registration is required when the company’s turnover has exceeded NOK 50,000. VAT cannot be charged on goods and other items before VAT registration is completed. However, in certain cases the company may register for VAT before starting business operations. The VAT registration form can be submitted at the same time as filing for company registration.

    Less than one day (online procedure) NOK 5570 (electronically) / NOK 6797 (on paper)

    Arrange for mandatory occupational pension plan for employees

    Agency: Pension Agency

    The employer must arrange for a mandatory occupational pension plan for his or her employees. The fees vary with the benefits and level of coverage in the pension plan. The minimum requirement is 2% of each employee’s salary (within average levels of salaries). Pension scheme must be established within 6 months of the date on which the obligation to have an occupational pension scheme arose.

    3 days no charge
    * 4

    The employer enrolls in the mandatory workers’ injury insurance

    Agency: Social Security Office

    The employer must have a workers' injury insurance for the employees. The insurance company is chosen by the employer.
    The insurance must provide coverage for work-related injuries, regardless of whether the injury is anybody's fault. The insurance must cover injury and illness caused by accidents at work, illness covered by the same benefits as occupational injury pursuant to the National Insurance Act, and other injury and illness caused by exposure to harmful substances or work processes.

    1 day (simultaneous with previous procedure) no charge

    * Takes place simultaneously with previous procedure.