The country is currently on a mission to reduce the number of
legal procedures in order to allow companies to focus more on what
they do best.
Norway made certain changes to its corporate laws for the
benefit for Private Limited Liability Companies (AS) and Public
Limited Liability Companies (ASA) in the country. Why? Because the
Minister of Industry (næringsminister)
Torbjørn Røe Isaksen believes that the everyday life
of Norwegian companies should be simpler. Instead of focussing on
local formalities, these companies should have more room to focus
on what they do best: their business.
The following changes to the Norwegian Public Limited Liability
Act (Allmennaksjeloven) and/or the Norwegian Private
Limited Liability Act (Aksjeloven) have recently taken
place. If you need further information about the changes, or help
putting them into practice in your Norwegian business, don't
hesitate to
get in touch.
