The tax level meant that “complete crisis” was predicted in entrepreneurial Norway. But few have made the moving plans seriously.
In May last year, entrepreneurial Norway raised an alarm. A survey conducted by Mesh, showed that 64 entrepreneurs considered moving out of Norway.
Finansavisen mentioned the case and wrote that the background was tax cuts from the red -green government.
According to Finansavisen, there was talk of “complete crisis in entrepreneurial Norway”.
Of those who said they wanted to establish themselves abroad, only eleven were with names in the newspaper.
Now, over a year later, only two out of eleven have moved out, E24’s surveys show.
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This you need to know about the wealth tax
– I am forced to move
“Farewell Norway, Hello Sweden” Knut Michael Haugland, general manager and co -founder of the technology company Wayscloud AS, wrote on LinkedIn this summer.
When E24 calls to hear about the new life in Sweden, he replies:
– I haven’t moved yet. But I soon see no other way out.
He explains that there are several reasons why he still lives in Norway.
Managing Director and Co -founder of Wayscloud AS
– It’s about private matters, and then I’ve been waiting to see the election result. I still think it is possible to solve this politically, for example by giving newly established businesses the opportunity to stand on their own in the first years before the wealth taxation strikes, says Haugland, adding:
– I would like to build jobs and technology here in Norway, but I am forced to move out, says Haugland.
– Why are you being forced, is it just to stay?
– But, is it? It triggers a large cost in wealth tax, and this is money Norwegian owners do not necessarily have available.
Do you have tips for this or other issues? Contact E24’s journalist, Mari Malm, by mail: mari.malm@e24.no or signal: 908 97 171.
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Success entrepreneur about Norway: – It’s dead
Losing quickly access
Haugland emphasizes that he is not against wealth tax in himself.
– The problem is that we are taxed by values that exist only on paper – a raising value that does not give us real funds today.
-Was the Linkedin post a little wolf wolf?
– No, but the process has shown me that there are some practical consequences for any relocation – such as how quickly you lose access to GPs, health services and digital solutions. It shows that moving is not just about finances, but also about practical conditions in the transition.
– Have you reflected that this is just something you pay taxes to have access to?
– I hope everyone has access to population services regardless of their tax contribution. My point was really how quickly you lose access in practice by relocation. The main theme here is the wealth tax on unrealized values, which binds capital in growth companies and limits value creation – not whether one logs into Helsenorge or 1177.se1177.seSwedish version of Helsenorge.
Haugland states that he has not completed the entire relocation process in the hope of continuing to stay in Norway.
Does not have an overview
Anders Mjåset, founder and CEO of MESH, tells E24 they have no record of how many of the founders who responded to the survey, which have actually moved out:
“It was a survey we had too well over a year ago and we haven’t followed it up. It was in connection with the exit tightening. “
Cristiano Coretti in the company Laiout and Armend Gazmeno Håti in Clexbio are the founders of Mesh’s list, which has moved out of Norway since 2024.
E24 has not succeeded in getting a comment from any of them.
Repetitive theme
Also the general manager of the technology company Kinver, Lars Fredrik Eriksen, was among those who in the survey said that he considered moving out.
– The status is that we have not done so, but there is a repetitive topic in investor processes, he now says to E24, explaining why he still has an address in Norway:
– The reasons why it has not been relevant has to do with the company’s commercial situation. These are demanding decisions and we want to be in Norway. We have talented people and customers here.
No Dealbreaker
The wealth tax has been highlighted as a problem for entrepreneurs and a living business community. Especially in the election campaign, the treasure received a lot of attention.
– The wealth tax is not a dealbreaker, says Eriksen.
He explains that they have kept pricing down so far.
– But the next time we get money we get a higher pricing, and then it can be a problem. International investors are well informed about the Norwegian tax regime, which is why it is potentially demanding to raise money.
– We are hopeful for changes in tax law. I cannot predict the future, and there are many factors that affect such a decision.
