Market profile
Doing business
Appointments for business meetings and negotiations should be set up well in advance. Be punctual and even if you are only a few minutes late for a business meeting, call and explain the delay.
More information on doing business in Norway
Country Profile
Content supplied by Department of Foreign Affairs and Trade
- ECONOMIC CLIMATE
Norway has an open economy with a floating exchange rate.
» read more at DFAT
- TRADE RELATIONS
Norway and Australia share common expertise in various industrial sectors, including clean energy, oil and gas, mining, chemicals, and marine and shipping.
» read more at DFAT
- POLITICAL CLIMATE
Norway is a constitutional monarchy and parliamentary democracy with legislative powers vested in the Storting (parliament).
» read more at DFAT
Top Business Risks
OECD Guidelines for Multinational Enterprises
Multinational Enterprises should be aware of the OECD Guidelines for Multinational Enterprises that provide voluntary principles and standards for responsible business behaviour in a variety of areas, consistent with applicable domestic laws. These Guidelines are endorsed and promoted by the Australian Government. For more information, go to the AusNCP website.
Bilateral agreements
Australia has social security agreements with several countries that address the issue of 'double super coverage' for employees sent to work overseas. To take advantage of these agreements, Australian employers sending employees overseas to work must apply to the Tax Office for a Certificate of coverage.
For more details, please visit the Australian Taxation Office website.