Here are 10 ways to finance your idea.
It’s better to work together than alone. Find your co-working space in Oslo!
A business must be registered with the VAT Register when the total value of sales and withdrawals that fall under the scope of the Norwegian VAT Act exceeds NOK 50,000 during a 12-month period.
All enterprises are registered in the National Register of Business Enterprises (Brønnøysundregisteret). You can do it online or on paper.
At the Norwegian Industrial Property Office (NIPO) there are three types of protection you can apply for: industrial designs, trademarks and patents.
You do not have to use external help with your accounting, but you are responsible for making sure the numbers are correct. Hence, having an accountant is recommended. If your annual turnover is more than NOK 5 million you are normally required to get your accounting audited by a licensed auditor.
There are four main structures to choose from when setting up a small enterprise: limited company, partnership, sole proprietorship or cooperative societies.