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New requirements for employment contracts from 1 July 2024

New requirements for employment contracts from 1 July 2024

The 2019 EU directive on clarification of the content of employment contracts is intended to increase predictability for employees and clarify their rights. The directive will be implemented during 2024. From 1 July, the new rules will govern employment contracts entered into after this date. Any employer in Norway is obliged to adapt new employment contracts to the new requirements. Employees employed before 1 July 2024 may demand their employer to updated their contracts to existing requirements. The law firm Seland | Rödl & Partner AS elaborate in this article on the statutory amendments.

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Transparency Act – requirements for transparency on enterprises' business contacts and suppliers

Transparency Act – requirements for transparency on enterprises' business contacts and suppliers

On 1 July 2022, the “Act relating to enterprises’ transparency and work on fundamental human rights and decent working conditions” - the Transparency Act-, enters into force. When entering into force, more than 9 000 Norwegian enterprises are required to carry out a due diligence. The Act shall promote businesses' respect for fundamental human rights and decent working conditions in connection with the production of goods and the provision of services, and ensure the general public access to information on how the businesses deal with negative consequences for fundamental human rights and decent working conditions.

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Norway implements new legislation on registration of beneficial owners

Norway implements new legislation on registration of beneficial owners

The new Act was partly implemented November 1 2021.

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VOEC – VAT On E-Commerce

VOEC – VAT On E-Commerce

Improve your sales to Norwegian consumers by registering in the VOEC Scheme.

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Are Norway’s residency requirements for board members unlawful?

Are Norway’s residency requirements for board members unlawful?

Norwegian company law imposes restrictions on the amount of board members and leading employees residing outside the European Economic Area. Now, the surveillance authority of the European Free Trade Agreement is taking Norway to court, arguing that these requirements constitute a breach of the European Economic Area Agreement.

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