What is the difference between having a company and receiving salary?

Salary

When you receive salary, you only need to deal with Manymore. Being a wage earner is very easy and not very stressful. This is because Manymore handles taxes, fees and reporting for you. You do a job and get money straight into your account without having to worry about administrative work.

Important: For every 100NOK invoiced (+ VAT if applicable), your salary after tax will be 83,35NOK. This could be higher if you have driving costs or documented receipts.

Company

Being a freelancer is a separate lifestyle. Some may be uncertain if they will continue with it or not. Therefore, we recommend that you start with being a wage earner at the beginning of your career. Many people think that this is the best solution because you do not have to think about any administrative work at all and you can focus entirely on the job you are doing.

If you decide or have already decided that you want to continue working as a freelancer, it may make sense to have a company (ENK / AS). The reason why you are left with more money is because you do not pay employer's contribution and you have to do most of the administrative work yourself. Fortunately, we help you create invoices and if you work for one of our partner companies, we automatically create the invoices for you.

Important: For every 100NOK invoiced (+ VAT if applicable), the customer will pay the full amount to your account. 

We will not deduct any tax, and we will not report VAT to the tax authorities.

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