Most companies have probably finished with tax returns and annual accounts for 2021. Those who were a little late out know that you can get high fees for this, up to NOK 63,596 for the annual...
Read full article...Company tax return must be submitted via the accounting software system for the income year 2023. Altinn form cannot be used then anymore. As early as income year 2022, many companies will be able to...
Read full article...If your company wants to establish a branch in Norway, we advise you, we will help you with set up and everything else. Also in VAT and other taxes. Norwegian name for branch is NUF....
Read full article...Tax return year 2021: 31 May Accounting and annual settlement year 2021: 31 July
Read full article...Leinonen Group Norway's office is located in Oslo in the same house as the Ukrainian Embassy. Our address is Arbins gate 4, Oslo. Norwegian people strongly support Ukraine.
Read full article...Our accountants will help users of Fiken, Visma eAccounting, Tripletex, Conta and other programs. We help also with payroll.
Read full article...Enterprises with ordinary financial year have a deadline for completing the annual accounts in 31. July. General meeting needs to process the annual accounts and the annual report 30 June.
Read full article...Wage theft is a criminal offence. Whether employers who deliberately and for their own or others' gain fail to pay agreed or statutory wages. This could be punishable by imprisonment for fines or up to...
Read full article...Innovation Norway have useful webinars. They are free of charge but available only in Norwegian language. https://www.innovasjonnorge.no/no/tjenester/kurs-og-arrangementer/webinarer/
Read full article...Everyone who enters Norway must register online before arrival. Also Norwegian citizens must register. All travelers, both vaccinated and non-vaccinated, must take corona test after arriving to Norway. Here at the link you...
Read full article...1.Name and address of the traveler 2.Departure date and homecoming date 3.Departure time and homecoming time 4.Travel or expenses purpose 5.Event name
Read full article...Our office participates in Bygg Reis Deg- fair 2021 (https://www.byggreisdeg.no/en/home/) in Lillestrøm. We do not have our own department but on the phone you will find us. Timotei Roos (+47 9190 5058) is available only...
Read full article...Remember the application deadline 15 October 2021 for compensation periods from September 2020 to and including June 2021. If you are applying for compensation for July-August 2021, the application deadline is 15 November 2021. For...
Read full article...Companies which have received corona state support may have to submit a certificate drawn up by an auditor or an authorized accountant for its reduced income. Many of them may have to pay back corona...
Read full article...The Norwegian business register Brønnøysundregisteret has extended it's long processing times even more. The registration of foreign origin companies has always been taking several weeks. Now processing times are extended for even longer. Once company`s...
Read full article...The «sole proprietorship» have to do accounting if the income exceeds 50 000 NOK per year. Most of NUF branch- companies and all of the limited liability (AS) companies always have to do accounting. Leinonen...
Read full article...If you work as an employee in Norway, the employer is obliged to give you a paid holiday. If you've been working for a full year, you get at least 25 holiday days. Leave cannot...
Read full article...We do accounting for NUF, the Norwegian branch of a foreign company. We will find out if you are liable for VAT in Norway and advise you on registration and possible closure. We also do...
Read full article...At the link you find the map which shows the green areas from which you are able to enter Norway without quarantine. Note that situation changes every week om Monday. Read more detailed instructions: https://www.fhi.no/en/op/novel-coronavirus-facts-advice/facts-and-general-advice/entry-quarantine-travel-covid19/...
Read full article...In Norway employer have to offer additional pension (OTP) for employees. In case this rule is not followed, the fine in amount of 250 NOK per employee will be calculated. In case the pension agreement...
Read full article...Norway will begin to accept corona vaccination certificates from European Union countries, one by one, and remove slowly travel restrictions. Note that the rules are changing almost every week. This link was published 23. June....
Read full article...On 9 June, it was decided that if corona restrictions caused full stop or business was totally closed, it is possible to apply for compensation for lost inventory. The scheme is now being expanded by...
Read full article...Those arriving in Norway will often be placed in a quarantine hotel for 10 days. At their own cost. You are able to avoid a hotel in some cases. A link to the website of...
Read full article...The deadline for submission of annual accounts for year 2020 has been postponed until 31.08.2021. Penalties for late delivery will be postponed until 1.10.2021. This means that AS and ASA companies are given a two-month...
Read full article...Deadline for sending your business tax return is 31.May. However, the tax office is aware of problems faced by companies during the pandemic. Therefore, it is possible to postpone this date until 20.August. Important! Please...
Read full article...This week Arto Ahokas from Leinonen Norway told about Norwegian market, Norwegian VAT and Norwegian customers buying habits at Finnish Viexpo (https://viexpo.fi/) webinar: “Export to Norway”. At the beginning Henna Kvam From Finland`s Norway Embassy...
Read full article...Norwegian tax office is introducing a temporary solution that will help in fight against coronavirus. Foreign workers who agree to be tested for presence of the coronavirus when entering Norway, can obtain an ID number...
Read full article...After a long corona pandemic period we recommend company leadership to make an assessment if the company is able to continue its operations. This is needed to make clear when submitting the annual statement for...
Read full article...10 days quarantine is mandatory when entering Norway, when entering from high infection area (red area). A PCR corona test is needed when entering Norwegian border. The quarantine period may be shortened if a PCR...
Read full article...The Norwegian government is introducing new regulations for those who travel daily from Sweden and Finland to work in Norway. Employees who work this way, are allowed to come to Norway daily starting from 1. March....
Read full article...A new guideline has now introduced to make access for foreign labour for the purpose of carrying out technical tasks. The absolute requirement is that a company cannot survive without this work, that it cannot...
Read full article...Since last year, has the tax office introduced possibility of registering a company in the VAT register directly on the office's website. New solution is to replace the current registration method - through registermelding del...
Read full article...Are Tax offices in Norway open in this corona period?Norwegian tax offices are now open for foreign visitors. The foreign origin employee may visit at Tax Office for apply the first tax card. Also identity...
Read full article...Norwegian government announced new movement restrictions. The regulations are intended to limit spread of the coronavirus. Basically, only those foreigners who reside in Norway are allowed to enter the country. Currently borders are closed for all residing...
Read full article...Norway`s tax authority is usually the one who apply the company for bankruptcy. This ensures tax revenue. Now, however, due to the corona pandemic, the tax authority has changed its behavior and now longer payments...
Read full article...The Supreme Court of Norway ruled that on oil company that had long time used leased workers would have to pay rental workers exactly the same bonuses as permanent workers. The decision made by the...
Read full article...The structure of companies management is one of them. Under current regulations, CEO and at least half of the board of joint-stock companies and cooperatives, must be resident in Norway or a resident and citizen...
Read full article...Applications will be sent to the Norwegian Tax Administration. Tax administration has now created a new solution that allows the accountant or auditor to confirm content in compensation searches. 2 types of applications shall now...
Read full article...Christmas is soon here, and people are thinking about Christmas gifts. Employers often gives Christmas gifts for their employees. General rule in Norway is that all gifts from employer are taxable. But there are some...
Read full article...A new scheme has now been adopted in Norway. That will cover the expenses companies have when foreign labour must have quarantine when they enter Norway.Many companies rely on foreign labour to maintain normal operations....
Read full article...It is time to think how to survive after crisis. The Norwegian authorities have already removed many of restrictions. Contact me for advice. Book a free counselling session. Please find my email (arto.ahokas) in contacts....
Read full article...Dear Client, The corona virus has led to many challenges for Norwegian business. For those who run a business, the situation has major consequences, including in the form of layoffs and reduced turnover. ...
Read full article...This is to notify all of the stakeholders that in Leinonen Group we are now switching to remote work. At the moment most of our staff have switched to home office. We might experience some...
Read full article...Blogging can be both hobby and business. The most important question is if it taxable or not. Blogging as a hobby Blogging is considered a hobby if the blogging is not aimed to make profits...
Read full article...Every limited liability company registered in Norway is obligated to provide Norwegian authority the share holders info. It must be delivered during January. Fine 1150 NOK per day is imposed if it is not delivered...
Read full article...Travel time from home to fixed work address is not working time. If the employee is sent to a place of work outside the company, but returns before the end of the work day, such...
Read full article...The 350 NOK limit might disappears in e-commerce - then you have to pay VAT on all shipments In the 2020 budget, it has been proposed that Norway removes VAT exemption for imports of...
Read full article...As we now have fresh first-hand experience about establishing a new company in Belarus, we can confidently say that the process is quite easy and painless. The Belarusian authorities have done much to improve investment...
Read full article...How do you describe the current business environment in the country? Are any new tax rate or legislation changes influencing it? If so, how? Oil price is low. Norwegian currency follow oil price and it...
Read full article...Go International Seminar SeriesAll together the seminar series consists of four events:Tuesday 1.4.2014. Central European markets: Poland, Hungary, BulgariaTuesday 8.4.2014. Scandinavian markets: Sweden, NorwayTuesday 15.4.2014. Baltic markets: Estonia, Latvia, LithuaniaTuesday 29.4.2014. Russian Markets: Russia, Ukraine The scope: Market environment | Accounting |...
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