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If you own a Norwegian AS (limited company) – especially if you’re the sole shareholder – you have flexibility in how you pay yourself. But you also have responsibility to do it right.

👉 Should you take a salary, dividends, or both?

Let’s break it down:

Salary

  • Gives you pension rights and sick leave benefits
  • Counts as a cost for the company
  • Must include employer tax (~14.1%)
  • Taxed as personal income (marginal rate can be high)

Dividends

  • Taken from the company’s net profit after tax
  • No employer tax or pension base
  • Taxed as shareholder income: currently 37.84% (2025)
  • Must be formally decided in a general meeting and registered in Altinn
  • Requires approved annual accounts and sufficient retained earnings

📌 What most people do:
Pay a modest salary to secure basic benefits – and take the rest as dividends if profits allow. This gives a balanced tax outcome.

⚠️ But beware:

  • Dividends can’t be taken if the company is in financial trouble
  • If you mix private and company money, you risk tax penalties
  • Everything must be properly documented

🟢 I can guide you through the process – from planning the right payout strategy, to reporting everything correctly to Norwegian authorities.