Global Company Formation

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In the heart of Europe – Norway’s geographical position brings it closer to the world of commerce and industry. Norway has abundant hydropower, world’s leading industries, very high productivity and a strong economy. Cluster of attractive cities, fancy destinations and its urban culture may define the present Norway, though where it really shines is in the low-key, small town appeal that is prevalent throughout its habitation.

Norway is a safe and relatively easy country to do business. The Norwegian economy’s strong competitiveness is built on openness and transparency with policies that support dynamic trade and investment. The quality of the legal and regulatory framework is among the world’s highest, institutionalizing the effective rule of law. The planned tax reform bill focuses on lowering the corporate income tax rate from 27 percent to 22 percent by 2018. Well-established anti-corruption measures reinforce a cultural emphasis on government’s integrity. The judiciary is independent, and the court system operates fairly at the local and national levels. Private property rights are securely protected, and commercial contracts are reliably enforced. The financial sector is market-driven, although the state retains ownership of the largest financial institution. The country possesses several assets such as its geographical location in a fertile region, its favored ties with the United States, a skilled and multilingual population, a modern economy, and rich energy resources. Norway has a particularly favorable business climate. 

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