Share capital
Last updated: 2 January 2024.
In a limited company, the founders have to pay in share capital. This amount must be a total of NOK 30,000.00. The expenses of formation can be covered by the share capital.
The share capital contributions must be confirmed before the company can be registered in the Register of Business Enterprises
If the share capital contributions is to be settled with cash, the confirmation may be given by an auditor, a bank*, an attourney or an accountant. If the entire or parts of the share capital contributions is covered up with non-cash assets, instead of cash, the auditor must confirm the payment.
*If the bank confirming the payment of the share capital belongs to a state within the EEA, you have to submit the entire notification by post. Here you can download the printable version of the form.
You do not have any personal liability for the company’s obligations
As an owner of a limited company, you can basically only risk losing share contributions that is put into the company. The creditors can only file claims against the company. The owners’ access to withdraw money from the company is therefore restricted by the Norwegian Limited Liability Companies Act.