|Local Time (LIVE):||5:48 PM|
|Local Currency:||$1 = kr8.76|
|Business Language(s):||Norwegian and English|
|Tax Year Dates:||1st January – 31st December|
Thinking of expanding your business to Norway? With its strong economy, membership to the European Free Trade Area and unrestricted access to the EU market, it’s an opportune European location to expand your business to.
As one of the wealthiest countries in the world, US companies have great opportunity to have a significant share of new contract awards in a number of industries in Norway. They can also take advantage of its moderate corporate tax rates.
If you’re looking to expand to Norway, FMP Global can help with international payroll and HR. We understand the difficulties and key considerations that need to be taken into account when expanding to a Nordic country, including unique tax considerations, compliance and employment law.