Financial incentives available in Norway

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Norway is high tax paying EU destination that offers no significant general tax incentives for either domestic or foreign investors but there are exceptions for specific regions and industrial sectors. They are summarized as given below.


1- Companies investing in Norway’s far north pay lower employee taxes


2 Tax rates are minimal on the Arctic islands.


3-A state fund provides grants for investment in areas of low employment


4-Tax deductions are allowed for research costs in key sectors such as oil and gas etc.
 
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