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Investment Strategy

The objective of Fund investments is to achieve the highest possible return over time, given an acceptable level of risk. The Fund shall be managed responsibly within this overarching financial objective.

Department for Organizational Affairs

The department is responsible for staff functions for the political leadership and the Ministry Secretary General, developing and maintaining management systems and adopting overall guidelines for efficient and coordinated management of the Ministry.

Director General Atle Tostensen

Department for Sustainability and Transition

The department is responsible for developing policy on climate and environmental knowledge, economic development and the green transition. It is also responsible for tropical forests and multilateral work.

Director General Torstein Lindstad

Other political staff for the Minister of Industry and Commerce

Oil and Gas Department

Exploration policies. Monitoring of development, production and decommissioning of oil and gas fields on the Norwegian continental shelf (NCS). Monitoring of the gas chain. Economical analysis of petroleum activity, including estimations and

Director General Lars Erik Aamot

Ownership Department

The Ownership Department's main task is to contribute to professional management of the State's direct ownership in companies. The Department manages the State's ownership in 21 companies, including listed companies such as Equinor, DNB Bank,

Director General Jan Tore Føsund

Department for Fisheries

The Department for Fisheries is responsible for matters related to fisheries. There is a wide range of topics in the department's portfolio, including quota negotiations and international fisheries agreements, IUU fishing, regulation of and the

Director General Elisabeth Norgård Gabrielsen

Climate, Industry and Technology Department

Through work on framework conditions the department shall contribute to value creation and competitiveness by strengthening innovation, promoting development of competence and internationalisation of the energy industry. The department aims to

Director General Kristin Myskja

Treaty withholding tax rates on dividends from Norway

Country Ordinary rates Parent/ subsidiary Parent/subsidiary rate requirements Without tax treaty 25 25 Albania 15 5 25% capital participation Argentina 15 10 25% capital participation Azerbaijan 15 10 30% capital participation and investment of at

Expert group – AI and elections

The Government has appointed a fast-working expert group tasked with gathering experience of the 2024 elections and making recommendations on how Norway can prepare for the general election in 2025.

Protocol Norway - Luxembourg

Protocole modifiant la Convention entre le Royaume de Norvège et le Grand-Duché de Luxembourg tendant à éviter les doubles impositions et à prévenir l'évasion fiscale en matière d'impôts sur le revenu et sur la fortune, le Protocole final et le

Protocol Norway - Switzerland

Protocol between the Kingdom of Norway and the Swiss Confederation amending the Convention for the avoidance of double taxation with respect to taxes on income and on capital and the protocol, signed at Bern on 7 September 1987, as amended by the

Agreement Norway - Guernsey

Agreements between the Kingdom of Norway and the States of Guernsey Agreement between the Kingdom of Norway and the States of Guernsey for the exchange of information relating to tax matters Agreement between the Kingdom of Norway and the States of

Agreement Norway - Macedonia

Tax Treaty

Tax Treaty with former British colonies The Tax Treaty between the Kingdom of Norway and the United Kingdom of Great Britain and Northern Ireland signed 2 May 1951 was by exchange of diplomatic notes 18 May 1955 extended to include several British

State-ownership in the energy sector

In the government’s view, private ownership should be the main rule in Norwegian business and industry. Direct state ownership requires a special justification.

Interpreting in the public sector

The Ministry innenfof Labour and Social Inclusion has the main responsibility for arranging for interpreting to and from Norwegian and other spoken languages in the public sector.