ARE YOU FINISHED WITH THE ANNUAL SETTLEMENT?

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 reports sent after the deadline.

Many do not know that you can apply for remission of the delay fee. The application can be accepted if the delay is due to “conditions outside the accountable control or if special reasons for reasonableness so require.” Here it is aimed at, among other things, the Corona pandemic. Good documentation is essential to attach the application.

If your business applies, you can read more about it on the Brønnøysund Register’s pages. Here is the link:
https://www.brreg.no//submission-of-annual-accounts/late-filing-penalty/apply-for-remission-of-late-filing-penalty-and-exemption-from-joint-liability/?nocache=1663155075069

Recent Posts

Tax Return in 2025-Leinonen
February 27, 2025

Tax Return in 2025

The Norwegian Tax Administration has opened for the submission of tax return for companies on the 7th of February 2025. In this article we will…

Continue reading
February 6, 2025

BUSINESS IN NORWAY

COMPANY ESTABLISHMENT Before undertaking business activity in Norway, it is necessary to choose which type of legal entity to form. Depending on how many employees…

Continue reading
Can you do your accounting without an accountant? - Leinonen
February 5, 2025

Can you do your accounting without an accountant?

Today, many good and cheap accounting programs in Norway make it easy for many company owners to do their own accounts without an accountant. The…

Continue reading