{"id":1111,"date":"2022-01-11T14:33:06","date_gmt":"2022-01-11T13:33:06","guid":{"rendered":"http:\/\/haavind.local\/en\/2022\/01\/11\/norway-can-start-using-the-free-trade-agreement-with-the-united-kingdom-legislative-changes-to-corporate-law-entered-into-force-on-1-december-2021\/"},"modified":"2022-07-21T12:50:48","modified_gmt":"2022-07-21T12:50:48","slug":"norway-can-start-using-the-free-trade-agreement-with-the-united-kingdom-legislative-changes-to-corporate-law-entered-into-force-on-1-december-2021","status":"publish","type":"post","link":"https:\/\/haavind.stage01.dekodes.no\/en\/norway-can-start-using-the-free-trade-agreement-with-the-united-kingdom-legislative-changes-to-corporate-law-entered-into-force-on-1-december-2021\/","title":{"rendered":"Norway can start using the free trade agreement with the United Kingdom \u2013 legislative changes to corporate law entered into force on 1 December 2021"},"content":{"rendered":"\t<div class=\"template-post alignwide wp-block-dekode-hero\">\n\t\t<div class=\"hero__inner\">\n\t\t\t<div class=\"hero__inner_blocks\">\n\t\t\t\t<h1 class=\"wp-block-post-title\">Norway can start using the free trade agreement with the United Kingdom \u2013 legislative changes to corporate law entered into force on 1 December 2021<\/h1>\n\n<p>From 1 December 2021, nationals of the UK and Northern Ireland will now satisfy the residential and nationality requirements in company law, when also residing in such state.<br \/>\r\n<br \/>\r\n<br \/>\r\n<\/p>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<div><\/div>\n\t\t\t\t\t<div class=\"post-meta\">\n\t\t\t\t\t\t<span class=\"info-small\">11 January, 2022 \u00b7 2 min. reading time<\/span>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\n<div class=\"alignleft wp-block-haavind-byline\">\n\t\t\t\t<span class=\"author-tag\">Written by<\/span>\n\t\t\t\t<div class=\"authors\"><a href=\"https:\/\/haavind.stage01.dekodes.no\/en\/people\/herman-bondeson\/\" class=\"t2-byline__author-link\">\n\t\t\t\t\t<div class=\"author-inner\">\n\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/haavind.stage01.dekodes.no\/content\/uploads\/sites\/2\/2022\/11\/herman-Bondeson-233x300.jpg\" \/>\n\t\t\t\t\t\t<div>\n\t\t\t\t\t\t<span class=\"name\">Herman Bondeson<\/span>\n\t\t\t\t\t\t<span>Associate Partner<\/span>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/a><a href=\"https:\/\/haavind.stage01.dekodes.no\/en\/people\/gina-roll\/\" class=\"t2-byline__author-link\">\n\t\t\t\t\t<div class=\"author-inner\">\n\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/haavind.stage01.dekodes.no\/content\/uploads\/sites\/2\/2022\/08\/Gina-Helvik-Roll-scaled-225x300.jpg\" \/>\n\t\t\t\t\t\t<div>\n\t\t\t\t\t\t<span class=\"name\">Gina Roll<\/span>\n\t\t\t\t\t\t<span>Senior Associate<\/span>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/a><\/div>\n\t\t\t\t<div class=\"topics\">\n\t\t\t\t<span><\/span>\n\t\t\t\t<div><\/div>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\n<p>From 1 December 2021, nationals of the UK and Northern Ireland will now satisfy the residential and nationality requirements in company law, when also residing in such state.<br \/>\r\n<br \/>\r\n<br \/>\r\n<\/p>\n\n\n<div class=\"wp-block-image\"><figure class=\"alignleft\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"640\" src=\"https:\/\/haavind.stage01.dekodes.no\/content\/uploads\/sites\/2\/2022\/06\/1000x640-london.jpg\" alt=\"\" class=\"wp-image-1825\" title=\"1000x640-london\" srcset=\"https:\/\/haavind.stage01.dekodes.no\/content\/uploads\/sites\/2\/2022\/06\/1000x640-london.jpg 1000w, https:\/\/haavind.stage01.dekodes.no\/content\/uploads\/sites\/2\/2022\/06\/1000x640-london-300x192.jpg 300w, https:\/\/haavind.stage01.dekodes.no\/content\/uploads\/sites\/2\/2022\/06\/1000x640-london-768x492.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/figure><\/div>\n\n\n<p>This fall, we wrote about Norway\u2019s free trade agreement with the UK and the changes to corporate law, e.g. the companies acts, which were subject to ratification of the free trade agreement. On 1 December 2021, the Government confirmed that Norway can start using the free trade agreement with the UK, except for chapter 6 (public procurements). Consequently the changes to corporate law entered into force on the same day. Pursuant to the amendments, nationals of the UK and Northern Ireland will now satisfy the residential and nationality requirements under corporate law, when also residing in such state or in a state party to the EEA agreement, cf. inter alia, Section 6-11 of the Company Act. Accordingly, there is no longer any need to apply for an exemption in case the general manager or more than half of the directors of the board are UK citizens.<\/p>\n\n\n\n<p>You may read our original article on the legislative changes <a href=\"https:\/\/haavind.stage01.dekodes.no\/en\/news\/norway-has-reached-a-free-trade-agreement-with-the-united-kingdom-legislative-changes-to-corporate-law-are-expected-to-enter-into-force-shortly\/\">here<\/a>.<\/p>\n\n\t<div \n\t\tclass=\"template-post alignwide wp-block-haavind-block-contact-people\" id=\"contact\"\t\t>\n\t\t<h2 class=\"post-featured-title\">Contact us<\/h2>\n\t\t<div class=\"block-contact-people-list\">\n\t\t\t<div class=\"t2-featured-content-layout alignwide wp-block-t2-featured-content-layout\"><div class=\"t2-featured-single-post t2-featured-content is-post-type-person sector-private-equity sector-renewable-energy speciality-corporate speciality-dispute-resolution speciality-stock-exchange-capital role-associate-partner wp-block-t2-featured-single-post\">\n<div class=\"wp-block-group alignfull post-featured-image is-layout-flow wp-block-group-is-layout-flow\">\n\t<a class=\"t2-post-link wp-block-t2-post-link\" href=\"https:\/\/haavind.stage01.dekodes.no\/en\/people\/herman-bondeson\/\">\n\t<figure style=\"--t2-focal-point: 50% 50%\" class=\"t2-post-featured-image has-image-ratio-3-4 wp-block-t2-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"1030\" src=\"https:\/\/haavind.stage01.dekodes.no\/content\/uploads\/sites\/2\/2022\/11\/herman-Bondeson.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"\" \/><\/figure>\n\t<\/a>\n<\/div>\n\n\n<div class=\"wp-block-group alignfull post-featured-content is-layout-flow wp-block-group-is-layout-flow\">\n\t<a class=\"t2-post-link wp-block-t2-post-link\" href=\"https:\/\/haavind.stage01.dekodes.no\/en\/people\/herman-bondeson\/\"><h2 class=\"t2-post-title wp-block-t2-post-title\">Herman Bondeson<\/h2><\/a>\n\t<div class=\"taxonomy-role wp-block-post-terms\"><a href=\"https:\/\/haavind.stage01.dekodes.no\/en\/role\/associate-partner\/\" rel=\"tag\">Associate Partner<\/a><\/div>\n\t<div class=\"card-info wp-block-t2-people-meta\"><div class=\"card-info__post-meta meta-key-people_email\"><a href=\"mailto:h.bondeson@haavind.stage01.dekodes.no\">h.bondeson@haavind.stage01.dekodes.no<\/a><\/div><div class=\"card-info__post-meta meta-key-people_phone\"><a href=\"tel:+34 681 237 815\">+34 681 237 815<\/a><\/div><\/div>\n<\/div>\n\n<\/div>\n<div class=\"t2-featured-single-post t2-featured-content is-post-type-person speciality-banking-and-finance role-senior-associate wp-block-t2-featured-single-post\">\n<div class=\"wp-block-group alignfull post-featured-image is-layout-flow wp-block-group-is-layout-flow\">\n\t<a class=\"t2-post-link wp-block-t2-post-link\" href=\"https:\/\/haavind.stage01.dekodes.no\/en\/people\/gina-roll\/\">\n\t<figure style=\"--t2-focal-point: 50% 50%\" class=\"t2-post-featured-image has-image-ratio-3-4 wp-block-t2-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"1365\" src=\"https:\/\/haavind.stage01.dekodes.no\/content\/uploads\/sites\/2\/2022\/08\/Gina-Helvik-Roll-scaled-1024x1365.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"\" \/><\/figure>\n\t<\/a>\n<\/div>\n\n\n<div class=\"wp-block-group alignfull post-featured-content is-layout-flow wp-block-group-is-layout-flow\">\n\t<a class=\"t2-post-link wp-block-t2-post-link\" href=\"https:\/\/haavind.stage01.dekodes.no\/en\/people\/gina-roll\/\"><h2 class=\"t2-post-title wp-block-t2-post-title\">Gina Roll<\/h2><\/a>\n\t<div class=\"taxonomy-role wp-block-post-terms\"><a href=\"https:\/\/haavind.stage01.dekodes.no\/en\/role\/senior-associate\/\" rel=\"tag\">Senior Associate<\/a><\/div>\n\t<div class=\"card-info wp-block-t2-people-meta\"><div class=\"card-info__post-meta meta-key-people_email\"><a href=\"mailto:g.roll@haavind.stage01.dekodes.no\">g.roll@haavind.stage01.dekodes.no<\/a><\/div><div class=\"card-info__post-meta meta-key-people_phone\"><a href=\"tel:+47 416 88 743\">+47 416 88 743<\/a><\/div><\/div>\n<\/div>\n\n<\/div><\/div>\t\t<\/div>\n\t\t\t<\/div>\n\t","protected":false},"excerpt":{"rendered":"<p>From 1 December 2021, nationals of the UK and Northern Ireland will now satisfy the residential and nationality requirements in company law, when also residing in such state.<\/p>\n<p><\/p>\n","protected":false},"author":0,"featured_media":1825,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"sector":[],"speciality":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.2 (Yoast SEO v24.2) - 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