The most popular types of companies established by Lithuanians in Norway are:
ENK (Enkeltpersonforetak): This is a sole proprietorship in Norway, similar to individual activity in Lithuania. ENK doesn't require initial capital and can be established by a resident with a work permit in Norway. This business model is suitable for smaller individual operations. However, one must be cautious as the business owner has unlimited personal liabilities.
AS (Aksjeselskap): This is a limited liability company in Norway, akin to UAB in Lithuania. Establishing an AS requires a minimum share capital, currently set at 30,000 NOK. AS might be the right choice for larger operations or where there's a higher business risk, as it protects the owner's personal assets.
NUF (Norskregistrert Utenlandsk Foretak): This refers to a branch of a Lithuanian company in Norway. The NUF structure allows foreign companies to operate in Norway via their branch. Companies registered as NUF can avail the rights and privileges granted by Norwegian law but are also under the purview and regulations of the parent company.