PENALTIES FOR WAGE THEFT OR BREACH OF EMPLOYER OBLIGATIONS ON COMPULSATORY OCCUPATIONAL PENSION (otp)

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 2 years. Serious wage theft can be punishable by fines or imprisonment for up to 6 years.

Employers who do not fulfil their obligations under the Compulsory Occupational Pension Act (OTP) when it comes to creating or paying defined contribution pensions for their employees may be punished with fines or imprisonment of up to 2 years.

Recent Posts

February 7, 2024

Partnership with Tripletex

2024 will indeed be a year of many changes! We previously wrote about the most important changes within the regulations in Norway, then about the…

Continue reading
January 8, 2024

How does e-invoicing work in Norway?  

With the digital transformation of invoicing, e-invoicing is a smart choice if you seek to optimize your financial operations and stay competitive in the modern…

Continue reading
December 19, 2023

2024 Norwegian Tax Returns: Transitioning to the New Reporting System

With an effort to simplify tax filing procedures and enhance accuracy, the Norwegian Tax Administration has introduced a new tax return system for businesses effective…

Continue reading