Types of Business Entity - Norway

Norway

  • ASA (Allmennaksjeselskap): ≈ plc (UK). Minimum capital NOK 1,000,000
  • AS (Aksjeselskap): ≈ Ltd. (UK). Minimum capital NOK 30,000.
  • ANS (Ansvarlig selskap): general partnership with mutual liability
  • BA (Selskap med begrenset ansvar): cooperatives and companies created by legislatation
  • BL (Borettslag): housing share company
  • DA (Selskap med delt ansvar): general partnership with apportioned liability
  • Enkeltpersonforetak: sole proprietorship
  • Etat: state, county or municipal agency
  • FKF (Fylkeskommunalt foretak): county enterprise
  • HF (helseforetak): subsidiary health enterprise
  • IKS (Interkommunalt selskap): inter-municipal enterprise (owners' liability)
  • KF (Kommunalt foretak): municipal enterprise (owner's liability)
  • KS (Kommandittselskap): ≈ limited partnership
  • NUF (Norskregistrert utenlandsk foretak): foreign enterprise registered in Norway
  • RHF (regionalt helseforetak): regional health enterprise
  • SF (Statsforetak): state enterprise
  • Sparebank: savings bank
  • Stiftelse: a foundation, with capital but without members or shareholders. It is allowed to make a profit, but is more suited for non-commercial purposes.

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Famous quotes containing the word norway:

    Such was the very armor he had on
    When he the ambitious Norway combated.
    William Shakespeare (1564–1616)

    Write about winter in the summer. Describe Norway as Ibsen did, from a desk in Italy; describe Dublin as James Joyce did, from a desk in Paris. Willa Cather wrote her prairie novels in New York City; Mark Twain wrote Huckleberry Finn in Hartford, Connecticut. Recently, scholars learned that Walt Whitman rarely left his room.
    Annie Dillard (b. 1945)

    A long time you have been making the trip
    From Havre to Hartford, Master Soleil,
    Bringing the lights of Norway and all that.
    Wallace Stevens (1879–1955)