Here, we explain why authorization matters and why you should choose a provider like Acconor.

Accounting Services: Authorization Means Security

Anyone offering accounting services to external clients in Norway must be authorized by the Financial Supervisory Authority of Norway (Finanstilsynet).
This ensures that your accounts are handled correctly and in compliance with laws and regulations.

When you choose Acconor, you receive:

• Accounting specialists with verified education, experience, and continuous professional development.
• Services fully compliant with the Bookkeeping Act, the Accounting Act, and tax/VAT legislation.
• Quality assurance and professional liability insurance that protect you as our client.

Our advice: Always verify that your accountant is properly authorized via the Financial Supervisory Authority’s official registry.

Address Services and Corporate Administration: Strictly Regulated

If you need:

• A business address or mailing address,
• Administrative support for your company,
• Representation for your business operations,

the provider must hold specific authorization from the Financial Supervisory Authority, depending on the nature of the services.

At Acconor, we offer address services that meet all legal and regulatory requirements, including:

• Robust customer due diligence and anti-money laundering procedures,
• Secure documentation and management of company information.

This ensures that your business operates safely and legally.

Company Formation: Starting Right from the Beginning

Planning to establish a private limited company, sole proprietorship, or another type of business?
Proper registration and legal setup are essential for future success.

Acconor assists you with:

• Registering companies in the Brønnøysund Register Centre,
• Preparing incorporation documents, bylaws, and shareholder registers,
• Advising you on the best corporate form and tax obligations.

Branch Registration (NUF): Secure Establishment in Norway

Are you operating from abroad and looking to set up a branch office in Norway (NUF – Norwegian-Registered Foreign Company)?
Proper registration and compliance are critical.

Acconor assists with:

• Registering Norwegian branches in the Central Coordinating Register for Legal Entities and the Register of Business Enterprises,
• Preparing all necessary corporate documentation and powers of attorney,
• Advising on tax matters and operational requirements for branches in Norway.

With Acconor as your partner, you can be confident in a smooth and compliant establishment.

Why Choose Acconor?

• Authorized by the Financial Supervisory Authority of Norway
• Strong expertise in accounting, corporate administration, and branch registration
• Full focus on quality, security, and regulatory compliance
• Personalized support tailored to small and medium-sized businesses

Choosing Acconor means choosing security, professionalism, and peace of mind – every step of the way.

Need assistance with accounting, company formation, or branch registration in Norway?
Contact Acconor – we provide safe, efficient, and fully compliant services tailored to your needs!

What Does Compliance Mean?

Compliance simply means following the laws, regulations, and internal policies that apply to you or your business. This includes:

• Norwegian national laws and regulations
• Tax and VAT rules
• Employment law and workplace safety
• Accounting and financial reporting
• Data protection and privacy (such as GDPR)
• Any specific industry or licensing requirements

In short, compliance is about doing things the right way – legally and ethically.

Why is Compliance Important?

If you’re new to Norway, whether as an individual or business owner, good compliance practices offer several key benefits:

Avoid legal issues
Failing to comply with regulations can lead to fines, penalties, or legal action. Strong compliance reduces that risk significantly.

Build trust
Authorities, customers, and partners expect transparency and responsibility. Showing that you comply with the rules builds credibility and professionalism.

Create a sustainable business
Knowing and following the rules gives you a solid foundation for long-term success and growth.

Understand the Norwegian system
Compliance is not just about avoiding mistakes – it’s about understanding how things work in Norway and making informed decisions from the start.

How Can We Help?

We understand that Norwegian laws and systems can be complex – especially when they’re new to you. That’s why we offer thematic guides and resources on topics related to establishing yourself in Norway. Our goal is to give you the knowledge you need to stay compliant from day one.

Examples of situations that may create a permanent establishment:

• Presence of local management
• Establishment of an office
• Local production facilities or a factory
• Retail store or other physical sales outlet
• Participation in construction and/or assembly projects lasting more than 12 months
• Individuals (e.g. agents) acting on behalf of the company with authority to conclude contracts

Exemptions and tax treaty considerations

Under several bilateral tax treaties, certain auxiliary or preparatory activities may be exempt from creating a PE. These may include:

• Use of premises solely for storage, display, or delivery of goods
• Facilities used only to collect information or conduct preparatory market research
• Fixed places of business used solely for support functions that are not part of the core business operations

National law vs. tax treaties

Whether or not a foreign company has a PE in Norway is assessed under both:

• Norwegian domestic tax law, and
• The relevant Double Taxation Agreement (DTA) between Norway and the company’s home country

In some cases, a PE may be triggered under one set of rules but not the other. It’s therefore important to review both the local tax code and applicable treaty provisions.

Recommendation

If your company is planning activities in Norway and is unsure whether these could create a permanent establishment, it is strongly recommended to:

• Seek professional tax advice, or
• Apply for a binding advance ruling from the Norwegian Tax Administration (Skatteetaten)

This can help you avoid unexpected tax liabilities and ensure compliance from the outset.

• Owns more than 25% of the company directly or indirectly.
• Controls more than 25% of the voting rights in the company, e.g., through provisions in the bylaws or voting rights attached to specific share classes.
• Has the right to appoint or dismiss more than half of the company’s board of directors, e.g., through employment relationships, agreements, or provisions granting the right to appoint a certain number of the company’s board members.
• Exercises other equivalent influence or control, e.g., via power of attorney or as a guardian for a person who is a beneficial owner.

One can be a beneficial owner either through direct ownership or on an indirect basis.

As an authorized service provider, Acconor is obligated to carry out customer due diligence (KYC, “Know Your Customer”) both when establishing a customer relationship and on an ongoing basis. In this context, the following information will be requested from all beneficial owners:

• A copy of passport or national ID
• Proof of address
• Mobile number
• Email address
• Information on whether the person is a politically exposed person (PEP) according to the definition in the anti-money laundering law

A copy of the ID is confirmed either via Nordic digital signature (which Acconor will arrange) or notarized (if Nordic digital signature is not available). The customer is obligated to provide this information. If circumstances arise that prevent the completion of KYC, the customer relationship must be terminated.