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State Aid

State Aid: ESA approves ten-year tonnage tax scheme in Norway




Today, the EFTA Surveillance Authority (ESA) has approved a new ten-year special tax regime for shipping in Norway.

Tonnage-tax”The maritime sector is one of fierce international competition. Norway may use state aid to keep important maritime know-how within the EEA”, says ESA President Sven Erik Svedman.

The Norwegian scheme exempts maritime transport from the usual corporate tax rate. Instead, ship owners pay taxes based on ship weight, resulting in a significantly reduced rate. The new scheme will be valid from 1 January 2018 until 31 December 2027 and has an approximate yearly value of NOK 200 million (around EUR 20.5 million).

ESA has previously approved Norway´s existing scheme from the fiscal year 2007 until 31 December 2016. A first extension was approved in November 2016, and ESA greenlighted another six-month extension in June 2017 to allow more time to finalise the process with a new ten-year programme. The new scheme has been revised by taking in windmill farm vessels while introducing some limitations for bareboat chartering.

On this basis, ESA concludes that the Norwegian tonnage tax scheme is in line with the EEA state aid rules.

For further information, please contact:

Ms. Anne Vestbakke
Head of Communications
tel. +32 2 286 18 66
mob. +32 490 57 63 53

Other EEA Institutions

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