Business Reforms in Norway
= Doing Business reform making it easier to do business. = Change making it more difficult to do business.
Enforcing Contracts: Norway made enforcing contracts easier by introducing an electronic filing system for court users.
Labor Market Regulation: Norway allowed the use of fixed-term contracts for permanent tasks for 12 months.
Starting a Business: Norway made starting a business easier by offering online government registration and online bank account registration.
Paying Taxes: Norway made paying taxes less costly for companies by reducing the corporate income tax rate.
Starting a Business: Norway made starting a business easier by eliminating the requirement for limited liability companies to have their balance sheet examined by an external auditor if the capital is paid in cash.
Starting a Business: Norway made starting a business easier by reducing the minimum capital requirement for private joint stock companies.
Dealing with Construction Permits: Norway reduced the time required to obtain a building permit by implementing strict time limits for construction project approvals.
Enforcing Contracts: Norway speeded up contract enforcement through the introduction and monitoring of tighter deadlines in court procedures.
Starting a Business: Norway made starting a business more difficult by introducing a requirement to arrange for a mandatory occupational pension plan for employees.
Protecting Minority Investors: Norway strengthened investor protections through amendments to rules on related-party transactions in the Public Limited Companies Act.