Norway is one of the wealthiest country in the world and has one of the lowest income tax rate in the world, in spite of the high level of social services.
CXC Global’s local expertise and knowledge of Norway, allows us to work closely with our clients, assist with Local Tax and Social Security Registration, VAT Registration, including a preparation of a personal income tax return at the end of the tax year.
Contracting in Norway is not a simple task. The taxation system in Norway is not contractor friendly. Norway is recognised for being a country with some of the highest living standards and taxes in the world. They has entered into Double Taxation Treaties with many countries and do not encourage contracting.
For foreign national contract workers, contracting in Norway, it would be wise to consult with CXC Global on the best way to structure, and how best to balance taxation.