Accounting

Arctic Accounting & Advisory is a leading consulting firm in Norway that will help you to achieve your goals. Its consulting focus and core competencies lie in the areas of tax consultation and compliance. Accounting in Norway is a complex area that your local consultant can guide you through.

When do you need an accountant?
If you plan to have a permanent establishment in Norway, your company will be liable for company taxation and must file a tax declaration and annual accounts. It is crucial to get assistance from a local provider of accounting and bookkeeping services to create and file these reports.

When do you have to file accounting reports?
Accounting reports to the authorities are filed regularly, and the most crucial ones to keep in mind are these:

• Annual shareholder update – once a year before the 31st of January
• VAT returns – bimonthly, starting 10th of February for Nov/Dec last year
• Annual tax declaration – once a year before the 31st of May
• Annual accounts – once a year before the 31st of July

Using Arctic Accounting & Advisory to assist your company with filing and communicating with the Norwegian Tax Authorities, enables you to be compliant and ensures your focus will be on operating your business in Norway, not doing paperwork.