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Norwegian Structure

In Norway 2 main types of Limited Liability Companies exist: Private Limited Liability Companies (in Norwegian: “Aksjeselskap /AS”) and Public Limited Liability Companies (in Norwegian: “Allmennaksjeselskap /ASA”). The companies are subject to the Private Limited Liability Companies Act and the Public Limited Liability Companies Act, respectively.

Private Limited Liability Companies

Pursuant to the Private Limited Liability Companies Act a Private Limited Liability Company may have one of the following organizational structures:

  1. A Board of Directors (in Norwegian: “Styret”) and a General Manager (in Norwegian: “Daglig leder”)
  2. A Board of Directors only.

Public Limited Liability Companies

Pursuant to the Public Limited Liability Companies Act a Public Limited Liability Company must have the following organizational structure:

  1. A Board of Directors (in Norwegian: “Styret”) and a General Manager (in Norwegian: “Daglig leder”)

Please see “Board of Directors" in the left side menu for a more in-depth description of the structure, including how to change the respective board members. Please be aware that the General Manager is employed by the Company. Thus, appointment/dismissal of the General Manager is subject to the individual employment contract and is not further described at the CBM Site.

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Selmer has provided all input about changing board members in Norway.

Selmer was founded in 1985. Today, Selmer is one of Norway’s leading legal practices with 160 employees and provides business law advice accompanied by financial expertise. Selmer has a large network within the private and public sector, and a considerable share of its business is internationally oriented. 

For more information about Selmer and changing board members in Norway, please use the below contacts:

TEL: + 47 23 11 65 00
EMAIL: a.herrem@selmer.no
WEB: www.selmer.no