What are the advantages of investing in the Norwegian real estate sector?
offers a set of competitive advantages
when investing in the real estate sector
. Foreign investors can benefit from a simpler transaction procedure
and in this sense, it is important to know that such transactions
are completed faster
compared to other European countries. Foreign investors who want to open a company in Norway
in the real estate sector
may operate various transactions
through the local banks
. If the investors consider investing through a Norwegian bank
, the institution will require specific company documents
, such as the company’s business plan
and others and such papers can be processed in only three weeks
. Our team of consultants in company formation in Norway
can assist with in-depth advice on this matter.
What are the main corporate taxes applicable to real estate businesses in Norway?
Just like in the case of any other business carried out in Norway
, real estate companies
are liable to taxation
. Investors interested in starting the procedure of company registration in Norway
in this industry will be liable to taxation
following the below mentioned taxation scheme
• withholding tax on dividends – the standard tax rate in this case is applicable at the rate of 25%, but investors can be fully exempted if they qualify under one of the double taxation treaties signed by Norway;
• transfer tax – this tax, also known as the stamp duty, is imposed at the rate of 2,5%;
• withholding tax on gains – Norway does not impose a tax related to this matter;
• withholding tax on the repayment of capital – Norway provides a tax exemption as well.
What is the main regulation available for construction projects in Norway?
The main rule of law which regulates the manner in which construction projects
are to be carried out in Norway
is given by the Planning and Building Act
. Our team of specialists in company registration in Norway
can provide legal advice on specific provisions that can be of interest for the investors operating in this sector.
offers the legal understanding regarding the construction, demolition, alteration or removal
of various real estate projects
and businessmen can contact our team of representatives in company formation in Norway
for consultancy services regarding this rule of law, as well as on other regulations applicable to this sector.