Ongoing Operation

VAT must be reported periodically six times a year. The reporting to the Tax Authorities will be made electronically through the portal Altinn.no. The payment of VAT due needs to take place at scheduled times and transferred to a fixed bank account by using a specific identification number (Norwegian: KID). The Tax Authorities, on the other hand, will transfer any tax benefits to the client’s Norwegian bank account, should the client be entitled to such a refund.
 
If the enterprise’s turnover is less than NOK 1.000.000/year, it is possible to apply for yearly VAT reporting.
 
The requirement for reporting, documentation and storage of information is regulated by the Bookkeeping Act and the VAT Act. VIEW Tax is subject to authorization by the Accountants Act. 
L%C3%B8nn%20Xledger%20VAT

Contact us

Our team has experience with companies in different branches - worldwide. We speak multiple languages and are passionate about helping customer within the area of accountancy and advisory, when settling and doing business in Norway.
Your personal data will be safely stored in our internal systems and used to contact you and send information related to your contact request. For more information see our privacy policy.
Malin%20Olstad%201

Book a meeting