Become a corporate customer customer with a sole trader company

A sole trader company (Enkeltmannsforetak - ENK) is an organisation in which a natural person is responsible for the business. This means that you have full financial responsibility for the business’s requirements and obligations. You are not obliged to invest money in the company, so you can start with NOK 0 in your account.

To open a corporate account as a sole proprietorship, the company must be registered in the Brønnøysund Register Centre.

You can register a sole proprietorship by filling out the form Samordnet registermelding (coordinated register notification)

When starting a business, you need to consider whether you should set up an ENK or AS. If you are unsure, DNB’s Start-up advisory team help you for free.

If you want to set up a private limited company (AS) instead of a sole trader company, you can get more info here.

There are also several other company types, such as general partnership with shared liability (DA), general partnership with joint and several liability (ANS) and foundations. Read more here.

The revenue consists of all the income that the business has generated during the given period. As a rule, this involves revenue from invoiced goods and services, cash sales and other revenue.