Change in the enterprise's legal structure
Changing the legal structure (completing a conversion) of an entity from a sole proprietorship to a private limited company can be done tax-free if certain conditions are met.
- You, as the owner of the sole proprietorship, must after the conversion hold 100 percent of the shares (owner shares) in the new company.
- All assets in the sole proprietorship must be transferred to the new company.
You can change the the legal structure using the coordinated register notification.
Read more about changing the legal structure of an entity at altinn.no.