- Foreign businesses carrying out activity subject to tax and/or duties in Norway have a bookkeeping obligation.
- Recorded details should be able to be reproduced in standardised form (SAF-T Financial).
- No special exemptions have been made for foreign businesses registered in the Value Added Tax Register with a representative.
- The Norwegian Directorate of Taxes has received questions about foreign businesses’ obligation to provide a SAF-T Financial file for audits.
- Many foreign businesses find it difficult to fulfill the requirements for contents in the SAF-T file.
- The Bookkeeping Act defines reporting entities as bookkeeping entities.
- Legal or natural persons pursuing business activities and required to file tax returns are defined as bookkeeping entities.
- Bookkeeping entities must record all details necessary to prepare specifications for mandatory accounts.
- Detailed requirements for account, customer, and supplier specifications are outlined in the Bookkeeping Act.
Source: skatteetaten.no
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
