Are you considering expanding your business into Norway, but the unknowns of this market seem daunting? Norway holds immense potential for foreign enterprises, but understanding its intricacies is crucial. Magnus Legal’s latest study, Doing Business in Norway – 2023 practical guide for foreign enterprises is your starting point for embarking on a successful journey into the Scandinavian country.
Norway’s business environment offers a wealth of opportunities for those seeking growth. With a highly educated workforce, transparent business practices, and a strong commitment to sustainability, it’s a magnet for foreign enterprises. However, the path can be complex, and Magnus Legal’s study is here to provide the insights you need to get started.
What the Study Covers:
The study serves as your introductory guide to Norway’s business landscape. Here’s what you can expect to find:
• Tendering for Contracts: Learn the intricacies of contract tendering, making informed decisions to compete effectively in Norway.
• Selecting the Right Legal Entity: Explore the various options for legal entities, ensuring you choose one that aligns with your business goals.
• Navigating Norwegian Authorities: Understand the essential registration and compliance obligations when expanding your business.
• VAT Insights: Gain clarity on handling Value Added Tax (VAT) and the nuances of importing and exporting goods and services in Norway.
• Corporate Taxation: Navigate corporate tax principles and learn about the term “permanent establishment” in tax treaties.
• Employee Management: Address the unique challenges of workforce management, including work permits, employee taxation, and more.
• Accounting and Auditing: Maintain accurate financial records and understand the audit process, ensuring compliance with accounting standards.
• Sanctions and Penalties: Be aware of potential consequences for non-compliance to make informed decisions.
Don’t miss the opportunity to grow your business. Download Doing Business in Norway, 2023 practical guide for foreign enterprises now to begin your journey towards success in this dynamic market. Norway is ready, and ETL GLOBAL Member Magnus Legal is there to assist you in every step of the way.