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Offshore company formation

NORWAY

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INTRODUCTION
 
Few countries can beat Norway when it comes to quality of life. The world’s third biggest oil exporter after Saudi Arabia and Russia, Norway is a wealthy, stable democracy with an enviable ability to balance free-market capitalism and social welfare. The business climate is surprisingly benign, with a flat corporation tax rate of 28%.
 
REQUIREMENTS
 
  • Minimum share capital 100,000 NOK (€12,836), fully paid up.
  • At least one shareholder; board of directors required.
  • 50% of board members must be resident in Norway. Nominees can be provided.
 
FEES
 
  • Company formation, bank account assistance/set up and VAT registration: £3,848.90 ex. VAT.
 
TIMESCALES
 
  • The whole process takes approximately 4 weeks (dependant upon quick supply of information.
 
OFFICES
 
  • Virtual office (includes telephone, fax and mail forwarding facilities): £200 per month payable quarterly in advance plus £600 deposit refundable within 30 days upon termination of your office contract.
  • Serviced office: cost as per requirement.
 
ACCOUNTANCY
 
  • Quote based upon approximate number of monthly invoices and projected annual turnover.
 
HOW DO I PROCEED?
 
In order to commence the formation procedure, we will require the following:
 
  • A completed application form.
  • A certified copy of each director/shareholders passport.
  • Two utility bills that are less than three months old.
  • All documentation should be sent to us.
Laila Rouass Business Inc goodwill ambassador
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