Norway

Currency Norwegian Kronar
Payroll Frequency Bi-Monthly/Monthly
Capital Oslo
Date Format dd/mm/yyyy
VAT 25% standard rate

Employer of record Services
TopSource offers complete payroll, EOR and contractor management services for Norway. TopSource provides Employer of Record services to global companies establishing a presence in Norway that do not wish to be burdened with the complications of Norway employment regulations.
TopSource serves as an outsourced Global Employment Solutions provider. We provide comprehensive employment services such as payroll, payroll related compliances, leave and attendance administration, HR management, and assistance with employer compliances.
If you have an established presence in Norway, our payroll bureau services are available. But if you are seeking to avoid the complications of a subsidiary—or wish to establish a presence quickly an convert to a subsidiary later—our EOR service is ready to support you today.

Services we offer

Payroll Processing
• Payroll bureau solutions for your Norwegian entity
EOR
• Employment solutions/leasing • Providing documents associated with employment
• Employee on-boarding process and documentation • Monthly salary calculation
• Salary disbursement to employee’s account • Pay slip generation (If applicable)
• Employee statutory benefits administration and deduction
Supplementary services
• Foreign exchange and money transfer services for payment of employees and 3rd parties

Company formation in Norway
We can help with company registration, company incorporation along with all the necessary documentation in Norway. We can also assist foreign companies to smoothly setup a company anywhere in Norway.

Statutory Compliances
We offer high-quality corporate statutory compliance services in Norway. Our services meet highest standards and meet all your compliance requirements.

  • Minimum Wage

    Although there is no official minimum wage in Norway, there is usually a minimum wage set by collective agreements on a sector, by sector basis.

  • Taxes
    Employer
    Social Security 14.1%
    Employee
    Social Security 8.2%
    Pension Fund 5.1%
    Up To 158,800 0%
    158,800 – 224,900 NOK 0.8%
    224,900 – 565,400 NOK 1.6%
    565,400 – 909,500 NOK 10.6%
    909,500 NOK and above 13.6%
About Employment in Norway

Working Hours

Full-time employment consists of a 9-hour workday or 40 hours for a 7-day period.

Overtime

Overtime cannot be requested from the employee on a regular basis, it is only permitted in irregular circumstances. The maximum amount of hours an employee can work in any 24 hour period is 13.

Maternity Leave

In Norway, mothers are entitled to up to 54 weeks of maternity leave. National insurance is responsible to pay the mother at a rate of 80% of their regular pay if she takes all 54 weeks of maternity leave or at a rate if 100% if she chooses to take 44 weeks of maternity leave.

Paternity Leave/Parental Leave

Paternity Leave
Paternity leave falls under parental leave.
Parental Leave
Maternity leave may be split between the mother and father, however, 3 weeks before the expected due date and 6 weeks after the birth are reserved for the mother. Parents have the option to take up to one extra year of unpaid leave after maternity leave.

Other Leave

It is mandatory for the employers to take out occupational injury insurance for their employees.

If an employee is injured at their workplace, they must report the injury to the Norwegian Labour and Welfare Administration (NAV) with proof that the accident happened at work.
An employee is entitled to receive up to 72,662 NOK a year in compensation due to a work-related injury.

If the employee is unable to work, they are entitled to a disability compensation. This compensation depends on the percentage of the incapacity the employee is able to work.

Termination

No warning is required before an employer dismisses an employee although the employee must consult with the employee before officially terminating the employment. There are strict requirements set forth in the Working Environment Act that must be adhered to. The employer has to provide proof for a solid cause to terminate the employee as there is no will employment in Norway.

Notice Period
Employees are required to give at least one month’s notice.
If the employee is being terminated:
• Over 5 years of employment: 2 months’ notice
• Over 10 years of employment: 3 months’ notice

The notice period begins the first day of the month following when the notice was given.
To learn more, contact us now.

Contact Sales

0203 6915303
contactus@topsource.co.uk

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