Operating your business in Norway - about company and VAT registration

Register for VAT

Foreign entities operating in Norway with revenue above NOK 50 000, must register for VAT.

How to register?

Find a VAT represen-

tative

Register entity

Issue invoices

VAT registration

Declare VAT

1 – 7 days 14 - 28 days 1 day 7 – 21 days 1 day

3 – 8 weeks

VAT representative

Step 1 – register a VAT representative

Foreign entities without fixed place of business in Norway, must register through a representative. Merisma offers such services. The representative and the foreign entity is mutual responsible for payable VAT, and Merisma will therefore require a bank guarantee from the foreign entity (for some countries this is not mandatory)

Contact Merisma now to get more information about prices and contract details for serving as a VAT representative. Email: tax@merisma.no Phone: +47 46 17 06 46

Register entity

Step 2 – register entity in Central Register

The normal procedure is to register the foreign entity as a ”NUF” (Norwegian branch of foreign entity). To register the entity, the following documentation must be included in the application: - Color copy of passport from the entity’s signatory person - Copy of company registration certificate (in Enlish)

In addition, signed registration papers and D-number application must be sent together with passport and registration certificate. Normal registration time is 2-4 weeks from the day the papers are sent to the Central Coordinating Register of legal entities.

Invoices

Step 3 – issue invoices through representative

All invoices sent to Norwegian clients, must be issued through the VAT representative. Merisma issues all invoices through an online web based system.

The VAT amount from the invoices must be paid directly to the VAT representative, and it must be specified in NOK.

VAT registration

Step 4 – register in the VAT register

When revenue has reached NOK 50 000, it is possible to register the entity in the VAT register. Documentation needed to perform this task, are copies of invoices (proofing revenue of NOK 50 000) and signed VAT registration papers.

After VAT registration, it is possible to issue invoices including VAT. To be able to order ID cards for employees in the construction business, the entity must be registered in the VAT register, and RF1199 must be reported.

Declaration

Step 5 – periodic VAT declarations

The VAT declaration must be submitted to the county tax office after each term. A normal term is bimonthly, but could also be yearly for small businesses.

Due dates for VAT declarations and payments are: January – February: 10th of April March – April: 10th of June May – June: 31st of August July – August: 10th of October September – October: 10th of December November – December: 10th of February (following year)

What can Merisma do for you?

Merisma can help you perform all necessary tasks in order to register an entity for VAT in Norway, including help with invoices and declarations.

Contact us now on email (tax@merisma.no) or phone (+47 46 17 06 46) to learn more about VAT in Norway.

www.merismatax.no

Last update: 08.09.2014