norway

Company Filing Requirements in Norway

Legal requirement to file annual accounts

Companies of capital must send a copy of the annual report to the Register of companies. The annual report contains:

a profit and loss account
a balance sheet
an annual report

The financial statements have to give a genuine and sincere image of the company's financial status. The audit is compulsory and the auditors are represented by two recognized professional organisations:

the Norges Statsautoriserte Revisorers forening (NSRF) the authorized auditors
the Norges Registrete Revisorers Forening (NRRF) the approved auditors

Company registration and licensing procedures

New businesses must register with the Register of companies in Bronnoysund.

Types of companies registered in the Norway

Form	Number of partners/ shareholders	Minimum and/or maximum capital	Liability	Release of financial documents
Aksjeselkap (AS) is similar to a Private Limited Company	No minimum.	NOK 100,000	Liability is limited to the amount contributed.	No
Allmennaksjeloven (ASA) is similar to Public Limited Company	No minimum.	NOK 1 million	Liability is limited to the amount contributed.	Yes, if it is quoted on the stock exchange.
Kommandittselskap (K/S) is a limited partnership.	No minimum.	No minimum capital.	Liability is unlimited for some partners and limited for others.	Yes, if it is quoted on the stock exchange.
Ansvarling selskap (ANS) is a general partnership.	No minimum.	No minimum capital.	Liability is unlimited.	Yes, if it is quoted on the stock exchange.
Selvstendig naeringsdrivende firma is a sole proprietorship.	Only 1 person.	No minimum capital.	Liability is unlimited.	No