1 - 2 - 3 Startup - Online Self Study Course
How much share capital do you need to start a limited liability company?
Nothing
Kr. 30 000
Kr. 50 000
What are the most common forms of business incorporation? Name two
Club
Foundation
Limited liability
NUF
Sole proprietorship
How many people are required in the board of a limited liability company?
0
1
2
3
Who is the supreme authority in a company?
The board
The CEO
The general meeting
Where do you register your business?
Brønnøysundregister - Altinn
Chamber of commerce
Tax register
What is an income statement?
Included in your bank account
Must be submitted by everybody engaged in business activities
Part of your tax deduction card
Who needs to keep account?
Every business
Only certified accountants
Only limited liability companies
How long do you need to keep your accounts and vouchers?
5 years
7 years
10 years
How do you keep track of services based on hours worked?
No documents needed
Register with all appointments
Do you need an accountant? (Multiple correct answers)
Yes
No
It`s optional, but it must be an authorized accountant
What are the VAT rates in Norway?
8 % 15 % 20 %
10 % 18 % 20 %
12 % 15 % 25 %
Are you automatically registered with the VAT Register?
Yes
No, your turnover must exceed NOK 50 000
How do you get you VAT number?
Fill out a form on altinn.no
Send a SMS to the tax office
When can you start invoicing with VAT?
Immediately
When you get your VAT number
How many times do your send your VAT accounts to the tax authorities?
5 times per year
6 times per year
8 times per year
Why is a Business Plan crucial?
It`s mandatory to get your VAT number
It increases your chances of success
You need it to open a business account
How do you make a market survey? (Multiple correct answers)
Ask friends and family
Asking for feedback from potential customers
Hire a company to do the job for me
Who do you choose to be your teammates?
First one showing up
My best friend
They who have the knowledge that my business needs
Why do you need goals?
Because my bank will probably ask for them
They are part of my business plan, it works as a motivator for me
Who would like to take a look at my business plan?
My business plan is a secret
My bank, future investors, my employees
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