In Norway, like in many other countries, cash registers play a crucial role in ensuring transparency and accountability in retail transactions. However, not all businesses are required to comply with the cash register obligation. Understanding who is exempt from this requirement is essential for entrepreneurs and business owners in the country.
Who is exempt from the cash register obligation in Norway?
Public
Norway
Author: Kristina Dosen
Category:
Fiscal subject related
Views:
725
Content accuracy validation date:
11.09.2023
Content accuracy validation time:
08:11h
- Small-Scale Businesses: One significant exemption from the cash register obligation in Norway applies to small-scale businesses. If your annual turnover does not exceed NOK 50,000 (4500 EUR), you are not required to implement an electronic cash register system. This exemption is aimed at reducing administrative burdens for very small enterprises.
- Hobby Activities: If your business is considered a hobby activity and not your primary source of income, you may not need to invest in a cash register system. The authorities generally distinguish between a hobby and a full-time business based on factors such as income generated and the time devoted to the activity.
- Certain Non-Profit Organizations: Some non-profit organizations may be exempt from the cash register requirement. However, this exemption is not universal and depends on the nature of the organization's activities. Religious, charitable, or cultural organizations, for instance, might be eligible for this exemption.
- Agricultural and Forestry Businesses: Agricultural and forestry businesses that primarily deal with raw products, like farms and logging operations, are often not subject to the cash register obligation. However, if these businesses engage in retail sales, they may still need to comply with the regulations for those specific activities.
- Exemptions for Remote Sales: Businesses engaged in remote sales, such as e-commerce companies, may have different requirements. While they might not need a traditional cash register, they are still expected to maintain accurate sales records.
- Vending machine sales: This exemption applies only to sales that are made through machines that automatically dispense goods or services upon payment. Examples of such machines are coffee machines, parking meters, ticket machines, etc.
These exemptions are based on the assumption that these businesses have a low risk of tax evasion and a high cost of implementing cash register systems.
Other news from Norway
TLv6 Implementation Marks Significant Shift in EU’s Trust List Format
Public
All countries
Author: Ivana Picajkić
A new EU Trust List format, TLv6, will officially replace TLv5 in May 2025 as part of the updated eIDAS Regulation (EU 2024/1183). It introduces key technical changes like a new URI field, updated signature format, and optional phone number support. Organizations must update their systems to avoid signature validation failures and service disruptions, as TLv5 will no longer be valid once TLv6 take... Read more
Goods exported from the Norwegian VAT Area are exempt from VAT.
Public
Norway
Author: Nikola Novković
Norway
Author: Nikola Novković
Norway has introduced new VAT exemption provisions for private firms exporting goods, requiring stricter documentation and digital signatures for compliance. The updated regulation mandates detailed transaction records, verified buyer identification, and proper export documentation, ensuring transparency and better VAT refund processing. To ensure better compliance with legal requirements and im... Read more
Navigating SAF-T: Differences Between Norway's and Denmark's Tax Reporting
Norway
Author: Ivana Picajkić
Norway and Denmark both use the Standard Audit File for Tax (SAF-T) but with different implementation approaches and requirements. Norway's SAF-T, mandatory since 2020, is submitted only upon request, while Denmark's SAF-T is part of ongoing digital bookkeeping obligations with set deadlines. Read more
Norway: Everything You Need to Know About the VAT System
Norway
Author: Ivana Picajkić
Norway requires businesses with annual revenue exceeding 50,000 NOK to register for VAT, with rates ranging from 25% for most goods to 0% for select services like newspapers and international transport. VAT returns are typically submitted bi-monthly, with strict invoicing requirements and potential penalties for non-compliance. Read more
Norway Launches Evaluation for Mandatory E-Invoicing and Digital Bookkeeping
Public
Norway
Author: Ivana Picajkić
Norway
Author: Ivana Picajkić
The Norwegian Ministry of Finance has launched an evaluation on implementing mandatory e-invoicing and digital bookkeeping, with initial proposals expected by June 2025. This initiative aims to enhance efficiency, align with EU standards, and potentially save businesses over NOK 5 billion annually by adopting a framework similar to Denmark’s system. The Norwegian Ministry of Finance has initiated... Read more
Understanding the Importance and Benefits of E-Invoicing in Norway
Norway
Author: Ivana Picajkić
E-invoicing is a key element of Norway’s digital transformation, enhancing efficiency, transparency, and compliance across B2B, B2G, and B2C transactions. It is mandatory for all suppliers to public sector entities, requiring adherence to Norwegian standards and use of formats like EHF and Peppol BIS Billing 3.0. Read more
Reminder: Norway Announced New VAT Rates for 2025
Public
Norway
Author: Ivana Picajkić
Norway
Author: Ivana Picajkić
Norway has announced updated VAT rates effective January 1, 2025, including a standard rate of 25% and reduced rates of 15%, 12%, and 11.11% for specific goods and services. These changes aim to align tax policy with economic objectives and sector-specific support. The Norwegian Official Gazette announced the VAT rates for 2025, which will take effect on January 1, 2025. The standard VAT rate is... Read more