How to handle temporary use permits and completion certificates
As a contractor in Norway, have you experienced that your project is nearing completion, but the paperwork is standing in the way of handover and final ...
When does the sale of property become taxable as business income?
In a recently published binding advance ruling (BFU) from the Norwegian Tax Administration, we gained insight into what triggers the shift from passive capital ...
Understanding compulsory residency regulation in Norway
Compulsory residency, or the obligation to reside, is a legal requirement in Norway that mandates someone to live on a property. This obligation can apply to ...
Buying property with allodial rights – Here’s what you need to know
The Norwegian allodial right, is a unique legal arrangement in Norway that grants certain heirs the preferential right to take over a farm property when the ...
Understanding property concession in Norway: What you need to know
In Norway, acquiring certain types of properties, particularly agricultural land, may require a concession, or permission, from the authorities. This ...
Financing & security under Norway's Limited Liability Companies Act
There are several ways to finance the purchase of real estate companies, but one particularly practical method—explicitly permitted under the Norwegian ...
Investing in property: Private ownership vs. Company structure
Real estate has long been an attractive investment in Norway due to historically stable price growth and favorable tax rules. However, a key question for ...
Property Ownership: Shares vs. Direct Purchase – Which is Better?
What is the difference between your company investing directly in property instead of acquiring shares in a property company? What are the benefits for you as ...
Norwegian property tax for residence and commercial properties
Property tax (eiendomsskatt) is a local tax that Norwegian municipalities can choose to impose on both residential and commercial properties. As of now, 323 ...
How Norwegian wealth tax is affected by property ownership
Norway is one of the few countries that impose a tax on net wealth. All individuals who are tax residents in Norway are liable to pay tax on their global net ...
Development and construction agreements: Effective and important tools
In Norway development and construction agreements are important tools in both the private and public sectors, laying the groundwork for collaboration between ...