Norway
![Flag-Asset 126 Flag-Asset 126](https://eomeurope.com/eom_europe_2024/wp-content/uploads/elementor/thumbs/Flag-Asset-126-qos9d41w4x4pwtzq609ujer2lpslzdx4hmzqkw8qqg.png)
![](https://eomeurope.com/eom_europe_2024/wp-content/uploads/2024/04/General-Overview.png)
General Overview
- Currency: Norwegian Krone (NOK)
- Languages: Daily and business communication in Norwegian.
- Public Holidays: Approx. 10 days national public holidays.
- Capital: Oslo
- Fiscal Year: Running from Jan 1 to Dec 31.
- Minimum Hourly Wage: Not established, wages are determined by collective agreements.
![](https://eomeurope.com/eom_europe_2024/wp-content/uploads/2024/04/Tax.png)
Tax Essentials
- Income Tax Range: Up to 46.4%.
- Other Taxes: VAT 25%, Corporate tax 22%.
![](https://eomeurope.com/eom_europe_2024/wp-content/uploads/2024/04/Social.png)
Social Security Contributions
- Employer Charges: From Approx. 14.1%.
- Employee Charges: None (taxes cover social security).
![](https://eomeurope.com/eom_europe_2024/wp-content/uploads/2024/04/Employment.png)
Employment Contracts & Conditions
- Contract Types: Permanent, Fixed-term.
- Trial Periods: Up to 6 months.
- Paid Holiday: 25 days annually.
- Salary Payment Frequencies: Monthly.
- Termination Notice: Notice period varies, typically 1-3 months.
![](https://eomeurope.com/eom_europe_2024/wp-content/uploads/2024/04/Legal-benefits.png)
Legal Benefits for Employees
- Medical Coverage: State (comprehensive healthcare).
- Common Non-Compulsory Benefits: Pension contributions, health insurance.
![](https://eomeurope.com/eom_europe_2024/wp-content/uploads/2024/04/Non-resident.png)
Hiring Non-Resident/Non-European Workers
- Visa & Work Permits Obligation: Yes, for non-EU/EEA citizens.
- High-Skilled Worker Permits: Skilled Worker visa; requires a job offer from a Norwegian employer and salary at least equal to the Norwegian full-time minimum wage.
- Visa & Work Permits Timelines: Up to 3 months.
The information provided on these countries serves as a general guideline and may
require verification and updates from legal sources or official websites.
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