Foreign companies doing business in Norway are, in principle, subject to the same corporate tax rate as Norwegian companies. Taxation is an integral part of your business framework and has a significant impact on the economy. We work closely with you to understand your business operations and finances from your perspective. Our goal is to help you report and pay taxes accurately, ensuring that you do not pay more than necessary.
The international tax team at Magnus Legal possesses extensive knowledge of Norwegian taxation for both companies and individuals. We specialize in assisting foreign companies with establishing business structures in Norway, providing thorough assessments of tax liabilities for both the company and its employees. Additionally, we ensure accurate filing of tax returns and expertly address any unique complexities that may arise.
Before establishing a business in Norway, it's crucial to assess whether the business activities will be subject to Norwegian taxation. If a foreign company's activities are taxable in Norway, they generally follow the same tax principles and rates as Norwegian companies, including corporate income tax, employer's social security contributions, and value-added tax (VAT).
Not sure how to proceed? When you entrust us with your tax and reporting obligations, you can rest assured of receiving accurate assessments for the Norwegian tax authorities. You won't need to concern yourself with selecting the right deductions or keeping up with recent changes in legal regulations.
Viktor Almadi | Velovay Ltd.