Close a company

Close your company in Norway

Closing properly costs less than leaving it lying. A company that has not been wound up keeps its obligations — filings, deadlines and a board that remains responsible. We go through where the company actually stands, and what has to be done in what order.

The first review is free. You find out what is waiting before you decide.

The starting point

Map it first. Decide afterwards.

Most people who get in touch are not sure what is left in the company. So we start by finding out what is actually there.

01Where the company stands todayIs there debt? Employees? Unsettled claims, unfiled accounts or missing VAT returns? A company with its affairs in order is wound up simply. One with a backlog requires the backlog to be cleared first.

02Obligations and filingsEverything that must be filed has to be filed before the company can be struck off. This is where most of the unpleasant surprises sit, and it is cheaper to find them now than after the process has started.

03Is winding up the right answer at all?Sometimes the company should be sold instead, or left dormant for a period. We say so when winding up is not the best route for you — including when that means we do not get the work.

How it works

The formal steps, coordinated.

Winding up an AS is a statutory process with several steps and fixed deadlines. We coordinate it with the authorities and bring in a lawyer or an accountant where the case requires it.

01Decision by the general meetingThe owners formally resolve to wind up, and it is registered. From that point the company is in a winding-up period with its own rules.

02Creditor notice and deadlineCreditors must be notified and given a statutory period to register claims. That deadline cannot be shortened, and it is often what determines how long the whole process takes.

03Settlement and final accountsClaims are settled, assets are realised, and whatever remains is distributed to the owners. The final accounts are drawn up and approved.

04Struck off the registerThe company is struck off and the obligations end. You get the confirmation, and the case stays in TECLA Cloud in case anything comes up later.

A sole proprietorship is simpler. There it is a deregistration and a final settlement on your tax return — no creditor period. Say which company form it concerns when you ask.

Common questions

What people ask when they want out.

If your question is not here, ask — the first review is free.

What happens if I just leave the company lying?

The obligations do not disappear. The company must still file accounts and returns, and the board remains responsible for that happening. If filings are missed it can end in compulsory dissolution, fees and marks that follow those involved afterwards. Winding up deliberately is usually both cheaper and cleaner.

Can I wind up a company with debt?

An ordinary winding-up assumes the claims can be settled. If the funds are not there, it is no longer a winding-up matter — different rules apply, and a lawyer should assess it, not us. We say so clearly if we see your case is in that category, and bring in the right person.

How long does it take?

The statutory creditor period sets a floor that cannot be shortened, and a backlog in accounts or filings adds time on top. A company with its affairs in order goes considerably faster than one missing several years. We tell you what applies to your case after the review, not before.

What does it cost?

The first review is free. The price afterwards is set on the company's actual position — a company with no backlog costs less to wind up than one where several years must be cleared first. A lawyer or accountant is shown separately when the case requires it. You get the breakdown in writing before anything starts.

Could I sell instead?

Sometimes, yes — and it is worth checking before you wind up. A company with customers, contracts or a position in a market can have value to someone else even if you are finished with it. We look at both in the same review, and say which route gives you more.

Next step

Find out what is waiting, before you decide.

Say which company form it concerns and roughly how long it has been sitting. You get a review of what has to be done, in what order, and what it will cost.

Call Lars directly

Deadlines and formal requirements follow Norwegian company law and are controlled by the authorities. The price is set after the review and confirmed in writing. TECLA does not provide legal or tax advice.

Before you wind up

Sell your business A confidential sale. Nothing is listed until you have said yes. Prices What the price is built from, and what is always shown separately.