What is a Norwegian AS?

A Norwegian AS is the traditional company form that gives you increased security, better social rights and less tax. It is what is called a limited liability company which is a well known corporate form that gives you as an owner, limited risk and significant tax benefits. Equity companies with this type of formation do not need to pay tax on dividends received from other companies nor from gains on sale of shares – and therefore is ideal for investment companies.

Stock companies using this corporate form are well known to be one of the ideal registration type in the business sector which makes it easier to obtain both investor capital and loans for operations and investment.

A Norwegian AS requires an auditor and at least NOK 30 000 in capital to start. When the company requires a large capital requirement or if you feel it necessary to have an annual audit of your accounts, this is the type of form to go for. The benefits of an AS and a NUF are very similar although with the initial share capital and auditor requirement, the cost for an AS can be higher. Therefore it’s more of a personal preference to choose either an AS or a NUF.

Traditional company formation done within the hour