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Norway's Proposed Investment Incentive for Start-ups

|Proposed Changes|Norway
Norway

As part of the revised budget for 2017 (previous coverage 5.16.2017), Norway has proposed new incentives to promote investments in business start-ups. The incentives would apply from 1 July 2017 and provides for an annual deduction of up to NOK 500,000 for investments made by individuals or their investment companies into active start-ups formed in the EEA within the past six years. The minimum required investment is NOK 30,000 and the maximum is NOK 1.5 million per company, and the investmen…

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