https://www.bloomberg.com/news/articles/2024-05-08/norway-ri...
We pay tax on dividends in Norway, but if your company doesn’t pay out any dividends for 10 years then you don’t pay any taxes on them until the day you take the money out of the company. So you can run a company in Norway while paying quite little in taxes, then move to Switzerland and pay yourself all the dividends that have accumulated over the years. After 5 years you can move back and not have to pay a cent in taxes.
The new tax laws are just a temporary blocker that incentivises any current owners to move out of Norway move before the new laws come into effect.
What permanent effects it will have on the overall startup business is still to be seen.
Even better, you have to pay Norway on your unrealized capital gains but they won't credit you on future losses from the startup. Essentially they have socialized the profits and privatized the losses.
You don’t sound like a person who likes taxes much. In Norway they are very important since we have good infrastructure in most areas such as telecom, roads, trains, airports, electricity and water. We also have great healthcare. And lots of benefits for parents with children.
Not sure how that would translate, but an important factor would be that the health care providers (private or state) have some say in what kinds of illnesses need better drugs.