Now is the time to complete the transformation into a limited company
Written by: Advokat Tille Marie Breda

Are you thinking of transforming your public company (ANS) or sole proprietorship (ENK) into a limited company (AS)? Then it is wise to start the process now.

Establishment of a new AS and notification of the conversion must be sent to the Register of Business Enterprises by 1 July, in order for the conversion itself to be tax-free and for other tax assessment for AS to be carried out with effect from 1 January the same year. The company must also make tax deductions and calculate employer's contribution no later than 1 July, for this to apply.

If you are thinking of carrying out such a transformation, please contact us. We are happy to help you!

Contact Persons (Click below):
Anne Taran Tjølsen
Marianne Aanes Stenstvedt
Tille Marie Breda

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