Norway (NO)

Jurisdiction Overview

204 *Are Trusts available? ONLY FOREIGN: Foreign law trusts can be administered, but no domestic trust law.
 Data Date: 2019


"Norwegian law does not recognise the legal concept of a trust.[...] There are, nevertheless, no obstacles for a Norwegian citizen to be a trustee of a foreign trust. Norway has taken no action to implement regulations on this matter" (GF 2011: 36). This is confirmed by the Beneficial Ownership Register Act (Beneficial Ownership Register Act, Section 4.3).


GF 2011: 36; GF 2017: 49
Beneficial Ownership Register Act, Section 4.3.