Licensed accounting firm for Norwegian private limited companies (AS), from share capital and director's salary to dividends, annual accounts and holding structures, at a predictable fixed fee.
A Norwegian private limited company (AS) has stricter accounting obligations than other legal forms. That means full annual financial statements filed with the Register of Company Accounts (Regnskapsregisteret) at Brønnøysund, formal board meetings, documented director's salary and specific rules for dividends and group contributions. With Smart Økonomi you get an accountant who knows these requirements inside out, at a fixed fee, with no timekeeping.
We handle the entire finance function in your AS: ongoing bookkeeping and VAT reporting, the business tax return, annual accounts and board minutes. You get one dedicated accountant who understands your company's structure and who picks up the phone when you call, not a rotating account handler you have to brief from scratch every time.
As a licensed accounting firm headquartered in Fredrikstad we work with AS companies of all sizes, from newly registered single-shareholder companies to established groups with multiple subsidiaries and holding structures. We use Tripletex, Visma and PowerOffice as our platforms, combined with deep insight into the Norwegian Companies Act, Tax Act and bookkeeping rules.
Your accounts are managed by accountants supervised by the Financial Supervisory Authority of Norway and members of Regnskap Norge. That gives both you and your board confidence that the accounting, taxes and reporting meet the standard required by law and Norwegian Generally Accepted Accounting Principles (god regnskapsskikk), every single month, not just at year-end.
You get complete accounting tailored to the specific requirements of a private limited company, all at a predictable fixed fee. No hourly billing, no setup fees and no surprises at invoicing time.
All vouchers booked to the correct account and period in accordance with the Norwegian Bookkeeping Act. You snap a photo of the receipt, we do the rest, from incoming invoices to expense reports.
We calculate and report VAT each period, with checks on input and output VAT, the right to deduct input VAT and the special rules that apply to your AS. Filed within the standard deadline, normally the 10th of the second month after the period ends.
Do you take a salary from your own AS? We handle payslips, withholding tax, employer's national insurance contributions and the monthly A-melding to the Tax Administration, NAV and Statistics Norway. Including expense reports and per diem at official rates.
Complete business tax return for the AS filed with the Norwegian Tax Administration by 31 May, with documented basis for tax positions, depreciation, temporary differences and loss carry-forwards.
Full annual accounts with profit and loss, balance sheet, cash flow statement and notes, prepared for board signature and filed with the Register of Company Accounts (Regnskapsregisteret) at Brønnøysund within the statutory deadlines.
You have round-the-clock access to Tripletex, Visma or PowerOffice, with dashboards showing revenue, contribution margin, liquidity and profit, tailored to your industry and management needs.
Call us when you're wondering about dividends, director's salary, buying commercial property or a specific entry. No hourly rates, no queues, no rotating account handlers.
In addition we can assist with establishing a new AS, setting up a holding structure, group contributions between subsidiaries, business valuation for share issues or exits, and conversations about dividend strategy versus owner salary. We tailor the package to where you are in the lifecycle.
An AS needs more than an accounting firm that just enters vouchers. You need someone who understands corporate law, tax optimisation and the reports the board actually wants to see. Here are a few reasons shareholders and managing directors choose us.
We know the Norwegian Companies Act, Accounting Act and Tax Act from practice, not just from textbooks. That means concrete advice on dividends, group contributions, shareholder loans and liquidation with strong tax awareness.
You know what the accounting costs each month. Ongoing questions by phone, draft dividend resolutions and conversations about buying a company car are included. Specialist tasks requiring lawyers or other external work are agreed separately.
As a licensed accounting firm we're supervised by the Financial Supervisory Authority of Norway and members of Regnskap Norge. That gives the board and shareholders strong quality assurance on the accounts.
We follow along from the first share to consolidated accounts. As your company grows, subsidiaries are formed or you bring in external capital, the finance function keeps up.
We work with AS companies in all phases. What our clients share is wanting an accountant who thinks independently, not just records what comes in. Here are some typical companies we help every day.
Just registered with the Norwegian Business Register (Brreg) with NOK 30,000 in share capital, wondering what needs to be in place first. We set up accounting, VAT registration, payroll system and board records from day one.
You own 100% and draw a mix of salary and dividends. We optimise the split between the two, keep documentation tidy and make sure board minutes and capital-related decisions are in order.
You have 2-50 employees and need payroll, A-melding, mandatory occupational pension (OTP), occupational injury insurance and holiday pay handled seamlessly with the accounting. We take the entire finance and payroll function.
You have a parent company and one or more subsidiaries, with group contributions, intercompany invoicing and consolidated reporting. We have specialist expertise in consolidation and intercompany transactions.
You own commercial property, shares or other capital through an AS, and need an overview of depreciation, maintenance costs, the participation exemption (fritaksmetoden) and valuation. We report so the board actually understands the numbers.
Starting or switching accountant for an AS should be simple. We have dedicated routines for AS handovers, from opening balance to transferring historical vouchers and board minutes. We handle the contact with your current accountant ourselves.
Call us at 48 07 99 18 or fill out the contact form. We arrange a short call to walk through your AS's size, structure and specific needs.
You get a concrete quote based on the number of vouchers, employees, subsidiaries and any specialist services you need. No setup fee, no hidden costs.
When you say yes, we contact your current accountant and gather everything we need, from opening balance and trial balance to payroll data, VAT history and board minutes.
You get access to the accounting system, dashboards and a direct line to your accountant. Most AS handovers are complete in 2-4 weeks, and we have routines to avoid data loss and double work.
No. It's not a legal requirement. But the vast majority of AS companies choose an external accountant because the Companies Act, Tax Act and Bookkeeping Act impose many requirements that are difficult to keep up with without current professional expertise. A licensed accounting firm also gives the board strong quality assurance on the accounts.
A Norwegian private limited company requires a minimum of NOK 30,000 in share capital on incorporation, pursuant to section 3-1 of the Companies Act. The amount must be paid into the company's account before registration with Brreg. The share capital can be used in operations, but the board has a duty to ensure that equity remains adequate at all times given the business's risk and scale (Companies Act section 3-4). If equity falls to an inadequate level, the board has a duty to act under section 3-5.
All ongoing accounting, VAT reporting, payroll for employees of the AS, tax return, full annual accounts to Brreg, board minutes, access to a cloud-based system and a dedicated accountant by phone. Additional services like new company formation, holding setup, share issues or liquidation are agreed separately, but always at fixed prices.
It depends on your income, age, pension needs and the company's profitability. Salary gives social security rights and pension accrual but is taxed as personal income. Dividends are taxed under the Shareholder Model (aksjonærmodellen) and require distributable equity in the company. We walk through your situation and propose a mix that suits the year.
The business tax return is filed with the Norwegian Tax Administration by 31 May. The annual financial statements must be filed with the Register of Company Accounts (Regnskapsregisteret) at Brønnøysund by 31 July (electronic filing), with board signatures. We prioritise on-time filing for our AS clients, provided we receive the source data within agreed deadlines.
Yes. We have specialist expertise in parent companies with one or more subsidiaries, group contributions, intercompany invoicing and consolidated reporting. We also set up the right chart of accounts and reporting structure so your group can be analysed both consolidated and per company.
Pricing depends on the number of vouchers, employees and complexity. A newly registered AS with few vouchers and one owner sits low; a company with employees, VAT and multiple accounts sits higher. You always get a concrete fixed-fee quote before signing anything. Contact us for a no-obligation estimate.
Yes. We handle AS handovers all year round, not just at year-end. We contact your current accountant, gather opening balance, trial balance and payroll data, and set up the new solution. The entire handover is included in the fixed fee and typically takes 2-4 weeks.
Have other questions about accounting for AS, holding structures or board responsibilities? Call us at 48 07 99 18 or send an email to post@smartok.no. We typically respond quickly on weekdays.
We make the handover simple and transparent, from opening balance to board minutes. Call 48 07 99 18 or send us a no-obligation enquiry.
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