Given the well-known complexity and fiscal rigor in high-tax jurisdictions like Svalbard and Jan Mayen (SJ), this article provides a detailed overview of the average company creation and ongoing maintenance costs for 2025. All figures are based on official sources and aim to clarify what to expect when setting up an Aksjeselskap (AS), the standard private limited company structure in SJ.
Company Creation Costs in SJ (2025)
The process of registering an Aksjeselskap (AS) in SJ requires both a minimum capital deposit and several distinct one-off fees. Below is a structured breakdown of the typical costs involved:
| Cost Item | Amount (NOK) | Amount (USD)* |
|---|---|---|
| Minimum capital requirement | 30,000 NOK | $2,730 |
| Registry fee (online registration) | 5,570 NOK | $507 |
| Registry fee (paper registration) | 6,797 NOK | $619 |
| Average lawyer/notary fees (optional) | 0 NOK | $0 |
- *USD conversion estimated at 1 NOK = $0.091 (2025 rate).
The online registration route is standard for most new businesses due to lower costs and efficiency, but paper registration remains available at a slightly higher fee.
Annual Maintenance Costs for Aksjeselskap (2025)
Maintaining an active Aksjeselskap (AS) in SJ involves annual compliance with reporting and accounting obligations. The table below summarizes the primary annual costs:
| Maintenance Item | Annual Amount (NOK) | Annual Amount (USD) |
|---|---|---|
| Annual reporting fee (Brønnøysundregistrene) | 1,350 NOK | $123 |
| Mandatory accounting/auditing (if required, varies by turnover) |
Up to 12,000 NOK | Up to $1,092 |
| Tax filing/accountant (average) | 2,000 NOK | $182 |
| Total Annual Maintenance | 1,350–15,000 NOK | $123–$1,365 |
- Actual accounting and auditing requirements depend on company size and turnover, with lower thresholds for exemptions.
- Annual maintenance costs may be at the lower end for small or inactive companies, while larger operations face higher compliance obligations.
Source References and Reliability
All data in this overview is drawn from Norway’s authoritative business registration and compliance portals. For deeper official reference, see the main government sources:
- Altinn.no (Business registration and obligations)
- Brønnøysundregistrene (Company registration and reporting)
Practical Insights: Pro Tips
- Choose online registration to save both time and money compared to paper-based processes.
- Budget for the full capital requirement up front; this is a legal step before registration is complete.
- Only engage an accountant or auditor if your turnover requires audited statements; many small companies are exempt.
- Set reminders for annual reporting deadlines to avoid late fees or compliance risks.
- Keep all receipts and documentation organized from day one to make annual compliance straightforward and cost-effective.
Key Takeaways for Business Setup in SJ
Establishing a standard Aksjeselskap (AS) in Svalbard and Jan Mayen entails a minimum capital deposit and predictable registration expenses, with total setup costs typically led by the 30,000 NOK capital requirement. Ongoing annual costs can range substantially, depending on business activity, compliance thresholds, and size. By carefully navigating the registration process and understanding exemptions, company founders can manage costs efficiently within the rigor of a high-tax, highly regulated environment. Remember to use official platforms for all filings and consult the government’s main business portals for any regulatory updates relevant to your activity in 2025.