Starting and registering a public limited company (ASA)
Conditions for starting a public limited company.
- Public limited companies can be founded by one or more people. Both natural and legal persons (such as private limited companies and associations) can be founders.
- You must be aged 18 or over in order to be a founder or fulfil another role in a public limited company (and not be subject to bankruptcy disqualification or loss of rights preventing you from founding or holding a role in the relevant company).
- The company must have a Norwegian business address (i.e. a Norwegian physical address which is stated in the format: street/road, house number, postcode and postal town. A postbox addresses alone is not accepted, only as a supplement).
Founding and registering a public limited company
How to register a public limited company when those who are to perform roles in the company have a Norwegian national ID number or d-number:
- Found the company by preparing and signing a memorandum of association and articles of association.
- Found the company by preparing and signing a memorandum of association and articles of association.
You will be notified once the registration process is complete.
Foreign Citizen
If you are a citizen of a non-EU/EEA country, and are planning to run a business in Norway, you need to have a residence permit that will allow you to work here. Information about the terms and requirements for a permit can be found on the Norwegian Directorate of Immigration's (UDI) website.
Naming a public limited company
Public limited companies must have the form of incorporation 'allmennaksjeselskap' or the abbreviation 'ASA' at the end of the company name. Read more about choosing a name (domain names, business names and trademarks).
Deadline for registration
Notification of the registration of the company must be received by the Register of Business Enterprises no later than three months after the company is founded. The company is founded when the last founder has signed the memorandum of association. A company cannot normally take on obligations until it has been registered.
How long does it take?
The Brønnøysund Register Centre's case processing times vary through the year.
How much does it cost?
Registering a public limited company costs NOK 6,500 when registering electronically in Altinn, or NOK 7,653 when registering using the paper form.
Upon registration, the cooperative will be assigned an organisation number.
Switching from a private limited company to a public limited company
A private limited company (AS) can be converted to a public limited company (ASA) while retaining its organisation number.