"Lønnsoppgjør" (wage settlement) refers to collective wage negotiations at the national level. This entails negotiations where collective agreements are renegotiated regarding both salary increases and changes to other provisions in the collective agreement. Furthermore, during April, there have been several agreements reached in the wage settlement for 2024 in Norway. How does this affect the minimum wage for your employees and your business ..read more

Norway has for some years had so called exit tax rules that is triggered when a Norwegian individual tax resident emigrates from Norway with a latent capital gain on shares that are owned at the date of emigration ..read more

Total investments in Norway remain at a solid level relative to previous years. The public investments outlined in the National Transport Plan 2022 – 2033 count to a total of NOK 1 200 billion. A new National Transport Plan for the 2025 -2036 period is expected in 2024. Substantial investments in Norwegian infrastructure create opportunities for foreign business in the energy and construction sector ..read more

Changes in the draft law after the consensus in the Parliament ..read more

The purpose of these changes is to create more predictable and secure working conditions for employees, particularly those in part-time or temporary positions. This is justified by the current evolution and need for adaptability in the labor market ..read more

Clarification of the definition of an “employee” Effective January 1, 2024, the definition of an employee will change. Currently, the law defines an employee as "anyone who performs work in someone else's service," according to section 1-8 of the Norwegian Working Environment Act. After the amendment, an employee will be defined as "anyone who performs work for and is subordinate to another ..read more

This means that staffing enterprises that provide labor leasing services in Norway and are already registered must obtain approval from the Norwegian Labour Inspection Authority (Arbeidstilsynet) to operate legally. The new application form will be made available in November 2023 ..read more

When planning to do business in Norway, a foreign company will always have to consider tax-related questions. In relation to this, the company might have Transfer pricing obligations ..read more

In this article, we will review some important points for the preparation of the documentation, and key elements when choosing a transfer pricing method ..read more

As a challenger, we must be continuously sharp and motivated, to maintain our position. Our reputation has been meticulously crafted, with the aim that our clients always should be satisfied with the work we deliver ..read more