CNCARChina–Norway Automotive Consulting

Insights

Setting up a company in Norway: AS or NUF

An independent subsidiary (AS) or a branch of the foreign company (NUF)? Capital, residency rules and the registration process all differ. Here's the real timeline.

Updated

A Chinese automaker entering Norway typically has three options: register an independent subsidiary (AS), register a Norwegian branch of the foreign company (NUF), or set up no Norwegian entity at all and simply appoint an existing local company as general importer. The three differ sharply in capital requirements, where liability sits, and residency rules.

AS or NUF

An AS (Aksjeselskap) is an independent legal entity, fully separate from the Chinese parent, with liability limited to the company itself. Minimum share capital is NOK 30,000, which must be paid in full before registration and confirmed in writing by a bank, auditor or lawyer. The key constraint: the daglig leder (CEO) and more than half the board must reside in Norway, unless they are EEA citizens resident in the EEA — non-EEA nationals, including Chinese executives, need a case-by-case dispensation from Norway's Ministry of Trade, Industry and Fisheries. A NUF (Norwegian-registered foreign enterprise) is instead a branch of the parent, not a separate legal entity — liability sits with the Chinese parent — with no minimum capital requirement, just one Norwegian contact person holding a Norwegian D-number, who doesn't need to live in Norway. Appointing an existing Norwegian company as general importer requires no Norwegian entity at all.

Registration process and timeline

Both AS and NUF register through Altinn with Brønnøysundregistrene, Norway's central business register. An AS requires a signed founding document and articles of association, confirmed capital, and an electronic filing costing NOK 6,825 (effective from 1 January 2026); Brønnøysundregistrene's own stated processing time is usually around 2 weeks, though it has flagged delays in some 2025 case types due to volume. NUF registration is currently paper-based, requires a certified copy of the parent company's home-country registration (Norwegian, Swedish, Danish or English accepted), and costs between NOK 2,181 and 4,398 depending on whether both registers are included. Either way, beneficial owners must be declared via Altinn within 14 days of receiving an organization number, with daily fines for missing the deadline.

VAT registration

Registration in the VAT register (Merverdiavgiftsregisteret) becomes mandatory once taxable turnover exceeds NOK 50,000 within any rolling 12-month period, not the calendar year, filed through Altinn to Skatteetaten. A company expecting high first-year volume can apply for forhåndsregistrering (advance registration) to reclaim input VAT from the first krone — relevant for a vehicle importer expecting meaningful sales in year one.

Extra requirements for a vehicle importer

Beyond company registration, the vehicle itself needs approval before it can be registered: a model with EU whole-vehicle type approval (EU WVTA) is automatically valid in Norway; a model outside that scheme needs Norwegian national type approval, which can only be applied for by a company holding a Norwegian organization number, with a sample vehicle presented for inspection at the Risløkka testing station in Oslo — stated processing time is up to 8 weeks from a complete application. Importers also need to join an approved end-of-life vehicle return scheme overseen by Miljødirektoratet (the Environment Agency), and handle the one-off registration tax (engangsavgift, based on weight, CO2 and NOx emissions) and a scrap-deposit duty (vrakpantavgift, currently NOK 3,500) at registration; a company already in the business register can apply for "duty-liable business" status to defer the registration tax to the 18th of the following month rather than paying cash up front.

Two things easy to miss

First, the non-EEA-executive dispensation requirement for an AS's CEO or board majority should be planned for upfront, not discovered partway through registration. Second, under an EU-wide (not Norway-specific) rule, a manufacturer based outside the EEA seeking EU whole-vehicle type approval must appoint an authorized representative established within the EEA — meaning whichever structure is chosen, the approval step itself requires an EEA-based legal entity in the loop. Putting together Brønnøysundregistrene's own registration timeline and Statens vegvesen's type-approval processing estimate, getting from zero to legally able to sell takes roughly 1 to 4 weeks for the company itself, plus up to 8 more weeks if the model needs Norwegian national type approval — a composite built from several official data points, not a single agency's published commitment.

Sources: Brønnøysundregistrene on AS share capital, Altinn's NUF registration guide, Skatteetaten on the VAT threshold, Statens vegvesen on national type approval.