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VAT in Norway

Updated on Monday 28th February 2022

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The taxation system of Norway is very efficient and at the same time very well calculated in order to maintain an continuous investment flow in the economy of the country. The standard rate for VAT is of  25%, but there are as well some reduced rates of 15%, 10% and 0% which are applied to several types of products and commercial activities. Our Norwegian company formation specialists are ready to provide complete information services regarding the VAT tax rates and conditions in this country.
 

What to consider about the VAT in Norway?

 
When setting up a business or operating as a sole entrepreneur in Norway, there are specific situations that apply when it comes to the value added tax and registration for it. Even if the levy is an indirect one and it applies to the final consumer who purchases the goods or services, it should be noted that the tax is also levied on the import of goods.
 
Compared to other European countries, the VAT regulations in Norway are more complex and provide for penalties in case of failing to comply with the national standards.
 
If you need support in VAT registration in Norway, you can use the services provided by our company formation specialists.
 

When is a company required to register for VAT in Norway?

 
The VAT represents a consumption tax which applies on a product at each stage of the good's production. If you started already the procedures for your company registration in Norway, you should be aware that every enterprise which conducts commercial activity in this country for more than twelve months and with revenues of more than 50 000 NOK is obliged to register for VAT and to emit invoices with VAT
 
You will be considered a taxable entity in Norway if:
 
  • your company deals with the delivery of merchandise in Norway;
  • you have export activity from Norway;
  • you import, assemble or install goods in Norway;
  • your enterprise provides services such as consultation, entertainment or sport;
  • your annual turnover is more than 50 000 NOK.
 
If you want to know more about the way in which the 2022 VAT regulations in Norway should apply to your company you can call on the expertise of our specialists in company formation in Norway
 
The procedure for Norwegian VAT registration in 2022 can be done in a simple manner with the help of our agents.
 

VAT registration in Norway in 2022

 
The process of obtaining a VAT number in Norway in 2022 is not complicated and can be part of the business registration procedure when the shareholders want to avoid complications or additional procedures later.

Foreign enterprises must also register for VAT in Norway in 2022 if they supply VAT-payable goods or services and those who need assistance can rely on our company formation specialists.
 

VAT registration for foreign companies in Norway

 
The Norwegian market is quite appealing for foreign entrepreneurs and companies that establish branch offices and subsidiaries here. These must also comply with the regulations imposed under the VAT Law, however, not all foreign companies are required to register for this tax upon establishment their offices here.
 
Foreign companies with operations in Norway become liable for VAT only at the moment they start selling goods or services that imply collecting this tax. However, they can also become liable once they reach the 50,000 NOK threshold within a calendar year.
 
Overseas enterprises that do not have a place of business or local address and want to apply for VAT registration in Norway must appoint a representative to act on their behalf with the tax authorities. Our agents can offer such services.
 
If you want to open a company in Norway and need guidance on obtaining a VAT number, our local advisors can help you in both endeavors.
 

Obligations of companies registered for VAT in Norway

 
Norwegian companies that have obtained VAT numbers also have certain obligations they need to comply with. These are:
 
  1. they must collect the amounts due for the tax from the consumers;
  2. they must prepare financial documents that attest the payment of the VAT;
  3. they must compute declare and pay the amounts collected to the Tax Administration;
  4. they must pay the difference between the output VAT (the tax collected) and the input VAT (the tax paid on the purchase of the items or services sold).
 
We have a team of experts in accounting matters who can help you with VAT registration in Norway. We can also offer other accounting services to local and foreign companies.
 

Filing VAT returns in Norway

 
Companies and businesspersons selling VAT-liable goods or services must also file returns on the income obtained this way. These returns must be filed twice a month, while the payment of the due amounts must be made no later than 40 days after submitting the declarations.
 
VAT registration in Norway comes with various advantages, among which one of the most important refers to the fact that the taxpayer is entitled to refunds under certain circumstances.
 
If you need support in company formation in Norway, our representatives are at your service. We can provide tailored support no matter the operations you want to establish here.

More VAT facts in Norway in 2022

 
If you want to open a company in Norway, the sector of the business activity will not decide only the type of entity that you are going to choose but also whether you remain outside the VAT scope. If you provide health care services or if you conduct educational activities, then you are not forced to apply for VAT. The social and financial services have the same status in terms of VAT
 
The reduced rates of 15% and 10% function for the delivery of food and accommodation services, passenger transportation, and cinema industry. When you don’t necessarily decide to open a company in Norway but still remain involved in the Norwegian market, you can call on a VAT representative in order to register for VAT in 2022.
 

VAT refunds in Norway

 
It is possible for certain companies to claim refunds for this tax, in accordance with EU Directives 8 and 13. These directives apply to foreign companies supplying goods and services in Norway and that must meet the following requirements in order to claim such refunds:
 
  • - they must not be registered for VAT in Norway;
  • - the tax paid is related to the activities of the claimant;
  • - the claimant must file the original invoice indicating the payment of the VAT in Norway.
 
If you need support in claiming VAT refunds in Norway, you can rely on our team.
 

VAT-related services in Norway

 
Our specialists offer a wide range of services to foreign investors and businesspersons coming to Norway and who want to set up enterprises here.
 
Among these, we mention the following:
 
  • - voluntary or compulsory VAT registration ;
  • - VAT compliance in order to avoid penalties;
  • - VAT reporting in accordance with the VAT act;
  • - applications for VAT refunds.
 
If you are interested in VAT registration in Norway and still have uncertainties, you can ask for more information from our local advisors. We invite you to watch our video below:
 
 
 
 

VAT rates in Norway at the level of 2022

 
According to the Norway Tax Administration, these are the rates of the value added tax at the level of 2022:

 

  • - the standard rate remains 25% on most goods and services;
  • - a reduced rate of 15% applies on food products and beverages;
  • - the supply of raw fish is subject to a rate of 11.1%;
  • - a 6% rate applies on certain cultural activities and sporting events;
  • - the same reduced 6% rate also applies on transportation services;
  • - a 0% rate is levied on e-books.
 
The VAT returns must be submitted at each two months on an electronic platform called Altinn. For more details concerning the VAT rates and norms in Norway feel free to contact our specialists in company formation in Norway
 

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Our team of company registration agents in Norway has an extensive experience in company law and company formation. Our specialists will help you set up your company in Norway as fast as possible.


Call us now at (+44) 203-287 0408 to set up an appointment with our company formation agents in Oslo, Norway. Alternatively you can incorporate your company without traveling to Norway.

As a our client, you will benefit from the joint expertize of local lawyers and international consultants. Together we will be able to offer you the specialized help you require for your business start-up in Norway.

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