Every company running business in Norway needs a registration number. For most companies it will be sufficient to register in the Central Coordinated Register for Legal Entities, but for some others it will be necessary to register in the Companies Register.

When the level of turnover stretches beyond 50.000 NOK, the company has to register in the VAT Register. Once the registration has been approved the letters MVA (English: VAT) needs to be added straight after the registration number.

Clients from certain EES/EU countries do not need to have their own representative in Norway. The requirement for reporting, documentation and data storage will nonetheless remain unchanged. As such, it will, for most clients, be practical to have their own representative that can safeguard all such obligations.

There will be an expected duration of 2-3 weeks for registering the company in the Central Coordinated Register for Legal Entities or the Companies Register. Then it will take yet another week for registering in the VAT Register. Do you need VAT Representation? Contact us for more information.

VIEW Tax offers invoicing through the Internet application Xledger. We customize the layout with the client’s logo, legal notice and the product codes as a part of the start-up procedure. The client may carry out the invoicing himself through his own user profile and access to the application. The client’s need of storage and documentation is covered by using this invoicing solution, where all transactions are documented by an image of the invoice document(s). The application allows sending out dunning letters and interest notes on overdue payments. The procedures are in accordance with Norwegian law, but it is entirely possible with individual customization of the reminders.

The bank integration allows real-time information on the Accounts Receivable and liquidity. For clients who use the service of VIEW Tax’ Client Account, the settlement towards the customer will be ongoing.

Norwegian law allows clients to invoice through their own system. However, the requirements for an invoice number, ledger specification, sales documentation and storage of information will remain the same – independent of which system is in use. By selecting this option, the client will have to make the information available for inspection upon request of a representative or a public authority.

VIEW Tax reports to the tax authorities through the portal Altinn. The report is based on the book keeping that is performed during the specific period, including reconciliations and the quality control of documentation as well as full settlement. Yearly controls and reconciliations of all routines and procedures are carried out to ensure that the reporting and the quality is in accordance with the existing laws and regulations. In this respect, the client gets to experience that delivery is in line with what has been agreed upon as well as those expectations that underlie the mission.

All documentation is stored in the application Xledger, as well as transactions, invoices and reports. The storage meets the Norwegian government’s requirement for electronic storage.