Tax and duty free zone in Norway
Svalbard-Spitsbergen - VAT free zone
Svalbard-Spitsbergen is VAT-free zone and has a low company tax of 16 % rather than 28 %, as in mainland Norway. Consequently, Longyearbyen is an attractive place for companies to settle down, but authorities are getting stricter on conditions to be met by companies taxating in Spitsbergen: a local office and management are needed. The low tax regulation is for local companies rather than tax refugees.
Svalbard is not subject to customs and VAT regulations. This means that many goods are cheaper than on the mainland of Norway. Other goods, for example, fruit, vegetables and fresh goods may be more expensive as a result of the higher freight costs.
http://www.visitnorway.com/en/Where-to-go/North/Svalbard/What-to-do-on-Svalbard/Shopping-on-Svalbard/
Svalbard-Spitsbergen is VAT-free zone and has a low company tax of 16 % rather than 28 %, as in mainland Norway. Consequently, Longyearbyen is an attractive place for companies to settle down, but authorities are getting stricter on conditions to be met by companies taxating in Spitsbergen: a local office and management are needed. The low tax regulation is for local companies rather than tax refugees.
Svalbard is not subject to customs and VAT regulations. This means that many goods are cheaper than on the mainland of Norway. Other goods, for example, fruit, vegetables and fresh goods may be more expensive as a result of the higher freight costs.
http://www.visitnorway.com/en/Where-to-go/North/Svalbard/What-to-do-on-Svalbard/Shopping-on-Svalbard/