|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 bureau solutions for your Norwegian entity|
|• 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|
|• 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.
- 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.
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%
Working HoursFull-time employment consists of a 9-hour workday or 40 hours for a 7-day period.
OvertimeOvertime 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 LeaveIn 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 LeavePaternity Leave
Paternity leave falls under 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 LeaveIt 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.
TerminationNo 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.
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.