Running an association

An association is self-owning and it is the articles of association that establish the framework for the way in which an association must be organised and the rules that apply to the association.

Practical board work

The board and work on the board constitute more than just a mandatory task, and an efficient board can be a resource for the organisation. It is therefore important to be aware of how the board should be composed and what competences the board members possess.

Avoid unnecessary fees

Running a business involves the responsibility of submitting various reports to the authorities within specific deadlines. Failure to meet these deadlines can be costly.

Samarbeid mellom virksomheter

Å samarbeide med andre som har en annen type kompetanse enn din virksomhet, kan bidra til utvikling og vekst. Formålet med et samarbeid kan for eksempel være innovasjon, å utnytte hverandres kompetanse, eller å øke konkurransekraften.

Beneficial owners

The Act on Beneficial Owners imposes upon most enterprises the duty to keep an overview of their beneficial owners and to be able to show who the beneficial owners of the enterprise are.

Statistical obligations

Statistics Norway (SSB) has primary responsibility for preparing official statistics in Norway. SSB requires information from enterprises to produce accurate and reliable statistics to be used by public bodies, commercial enterprises, researchers, and politicians in planning for the future. Most surveys are conducted monthly, quarterly or annually.

Tax conversion

Sole proprietorships, businesses assessed as a partnership, co-operatives and NUFs (Norwegian-registered foreign companies) which carry on activity in the sense of the Tax Act may, subject to certain rules, be converted to a private limited company tax-free.

Can you change an enterprise's form of incorporation?

A registered sole proprietorship, general partnership or limited company cannot change the form of incorporation and retain its organisation number. If you intend to continue operations under a different legal structure, you typically need to register a new entity.

Ban on discrimination against customers

Anyone who sells goods or services in Norway is required to promote equality and ensure that they are not guilty of discrimination. The venue and layout should generally be set up so that it is as accessible as possible be for all people.

Privacy

All businesses that collect and use personal data must comply with the General Data Protection Regulation (GDPR).

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