Norway
While Norway has a small domestic market, it has favoured ties with the United States, a skilled and multilingual population, a modern economy and rich energy resources make it an FDI target. It also has a particularly favourable business climate, with its ranking of 9/190 for Ease of Doing Business, and setting up takes just 4 days. Norway also has a very strong economy, encouraging prospects for development, a well organised public sector, high quality infrastructure, and its information and communications sectors are strong.
Sweden and the Netherlands consistently rank as top investors in Norway, accounting for more than 30% of FDI, and investing in mining / quarrying, manufacturing, and financial services.
The Norwegian economy is largely based on the petroleum and gas sector, and the decline in prices and push against fossil fuels has led to an investment drop for oil companies in recent years. Also, the government introduced a new screening regime in 2019, allowing Norwegian authorities to investigate and block FDI on grounds of national security, national financial stability and autonomy. And the country has relatively strict labour laws that just accentuate the extremely high wage costs in Norway.
AUXADI can become your ideal investment partner in Norway. We offer a One Stop Shop value added Outsourcing services in the areas of Accounting and Reporting, Tax Compliance, Payroll Management and Representation services, among others.
Norway
While Norway has a small domestic market, it has favoured ties with the United States, a skilled and multilingual population, a modern economy and rich energy resources make it an FDI target. It also has a particularly favourable business climate, with its ranking of 9/190 for Ease of Doing Business, and setting up takes just 4 days. Norway also has a very strong economy, encouraging prospects for development, a well organised public sector, high quality infrastructure, and its information and communications sectors are strong.
Sweden and the Netherlands consistently rank as top investors in Norway, accounting for more than 30% of FDI, and investing in mining / quarrying, manufacturing, and financial services.
The Norwegian economy is largely based on the petroleum and gas sector, and the decline in prices and push against fossil fuels has led to an investment drop for oil companies in recent years. Also, the government introduced a new screening regime in 2019, allowing Norwegian authorities to investigate and block FDI on grounds of national security, national financial stability and autonomy. And the country has relatively strict labour laws that just accentuate the extremely high wage costs in Norway.
AUXADI can become your ideal investment partner in Norway. We offer a One Stop Shop value added Outsourcing services in the areas of Accounting and Reporting, Tax Compliance, Payroll Management and Representation services, among others.
International Accounting, Tax and Payroll in 50 countries
Corporations
We can help you with your international expansion and we serve more than 600 clients across many different sections. We become an extension of your finance departments abroad and you can access the accounting information of all your international subsidiaries through a single portal, customised to meet your needs.
Funds
With nearly $7 billion of assets under management, we can take of the corporate management and SPV administration of your investment structures. Whether you’re creating a holding structure in Luxembourg or setting up a SPV in Europe and Latin America, we offer accounting, reporting, tax compliance and directorship solutions to help make your life easier.
Our services
Accounting
We provide corporate accounting administration for global corporations and investments with our unique MultiCountry IT platform.
Tax
We can help sort your international taxes. Our expert tax teams know all the details and will ensure you remain tax compliant.
Payroll
Our international payroll services remove the complexity but keep the confidentiality, using our unique IT system.
Cash management
Cash management is essential for every business – but monitoring and managing your cash flows can be time-consuming. Auxadi can help.
Consolidation and reporting
Our unique MultiCountry IT platform gathers the data from all your international entities, making consolidation and reporting stress-free.
Transfer pricing
We’re on hand to help with your transfer pricing – rely on our local knowledge and expertise.
Monitor and manage your international subsidiaries with our MultiCountry online platform
Access our online platform that provides you with a global and harmonized view of the accounting of your international subsidiaries, with drill down functionality to check support documentation, such as: invoices, outstanding creditors, approve payment orders, manage the payroll processing cycle and so much more. Request a demo to see how our technology can help you.
Get access to Auxadi corporate materials and technical guides to know more about us. You can see all our materials here.
Meet the team
Rima Yousfan
Senior VP, Head of International Corporations