Posts Tagged ‘establishing’

Establishing a Business

Posted in business on July 19th, 2009 by Admin – Comments Off

Before you get started there are a number of formal requirements that must be met. There are strict requirements for you and your business, but you can also see this as a safety, and making the operation easier when you have everything in place.

Name
Name of the company in Norway is regulated by company names. The minimum requirement for the names include that it must consist of three Norwegian letters. Tall, spelling characters and company name are not included. A company may therefore be called ABC Company, but not CO2 AS. For sole proprietorships apply slightly different rules. You must be the proprietor’s family name with: HANSENS bakery.
Have also suggested that the name should be easy to find in the directory (where you will find eg. ABC Company? “) And that it should be available for registration and use of the internet.

Registration
In order to run a business, you must in most cases be registered in the Brønnøysund Register Center. After registration you will be assigned an organization that you use in your business documents and the communication to the public. For example, you could not open a bank account for your business, have employees or be registered in the Value Added Tax Register, if you do not have an organization.
Registration is free.

All businesses and associations, however, has the right to register for the Swatch if they want. Many customers use this registration right for an organization.

Registration in the Register of
Enterprise Registry Act lists a number of organizational forms with registration requirements in Business Enterprises. Roughly said, comes the obligation to register in the Register of all those engaged in business activity and all companies, both with limited and unlimited liability. Sole proprietorship engaged in product sales ( “trade thereof purchased goods”) or have more than five employees, the registration requirements of the Business Enterprises.

Self-employed sole traders can also register in the Register of Business Enterprises on a voluntary basis if they do not meet the requirements for registration requirements. On this page Altinn you can read more about the voluntary registration in the Register of Business Enterprises.
It must be paid fees for registration in the Register of Business Enterprises.

The registration:
You must use the form “Coordinated registry message” for all registration in Brønnøy Undre Last Rene.
Be careful filling of the form – there are unfortunately many people get their papers in return due. errors / deficiencies. Brønnøysundregistrene has prepared a simple list and guidance on the form.
NB! It’s also developed a simplified version of the form for sole proprietorships.

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