A demerger occurs when one main entity is split into two or more main entities. The most common situation is for one company to continue to exist and retain part of the enterprise, while one or more new main entities are created which take over the remaining enterprise.

 

What you have to do

1. The current owner reports an end date and cause of end date for all employment relationships
2. New company owner reports a start date for all new employees

 

The current owner specifies the end date for the employment relationships

As the current owner, you must report an end date and as cause of end date changes in organisational structure or internal job swap for all the employment relationships in the sub-entity which are transferred to a new company. See also the explanatory information concerning end dates.

You should not report an end date for employment relationships which are to remain with the current company.

 

 

New owner specifies a start date for new (transferred) employment relationships

As the new owner of a demerged enterprise, you must report employment relationships for all employees for which you have employer responsibility. For a more detailed explanation of the information that you must provide, see the various types of employment.

You should continue to report employment relationships which do not change main entity or sub-entity. 

Note!
The new start date for the employment must be the day after the end date, in order for the information in NAV’s Register of Employers and Employees to be correct. For example, end date of 31 December and start date of 1 January.