NORWAY

NORWAY (MVA)

Standard VAT Rate: 25%

Reduced VAT Rate: 10%, 15%

Registration Threshold

Resident - NOK 150,000
Non resident - NOK 150,000                            
IC Acquisitions - N/a

VAT Registration

In order to register for VAT purposes the business must exceed NOK 50,000 in taxable sales (including self-supply) over a 12 month period. For charitable and public utility institutions and organisations the threshold is set at NOK 140,000.

VAT Returns

Standard VAT return period: Bi-monthly. Following application provided specific conditions apply, shorter or longer (annual) VAT return periods may apply.

The time limit for filing the VAT return falls within 1 month and 10 days from the end of the reporting period.