2003 figures

New enterprises registered in 2002–2003 and the number as of 31 December 2003

At the end of 2003 almost 322 000 business enterprises had been registered in the Register of Business Enterprises. The number of new registrations declined by 3.2 per cent.

The decline in the number of newly registered limited liability companies continues. One possible reason for the lower number of registrations may be the requirement for higher share capital. The minimum capital to be paid in is now NOK 100 000 compared to NOK 50 000 previously. As of 31 December 2003, 5300 limited liability companies had not increased their share capital to NOK 100 000.

We find increases in new registrations in sole proprietorships and general partnerships. There has also been a large increase in Norwegian divisions of foreign companies.

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