How to Import Organic Japanese Tea to Norway
Coffee has been keeping the Norwegians warm for a long time, but now they are shifting to another hot beverage that can satisfy their palates – tea. The consumption of coffee is still pretty high, but as Norwegians realize the health benefits of tea, they are starting to change their preferences. Plus, they need much more than just plain black tea. Organic Japanese tea is the kind of tea that can not only boost your sales but also satiates every Norwegian’s palate.
Would Organic Japanese tea be able to make its mark in Norway?
Organic Japanese tea can do a lot more than just leave its mark on Norwegians. A flavorsome tea reaches the heart of a person and impacts the soul, which is what organic Japanese tea is capable of. The production of Japanese tea dates back to the 8th century, and since then, it has been satiating the palates of people with its exotic taste and flavor.
Japanese tea can leave its mark primarily because of its manufacturing process. Norwegians are on a hunt to find the tea that not only has taste but beauty as well, and organic Japanese tea can deliver both. The manufacturing process includes the oxidation of the tea leaves that retains the tea’s flavor, beauty, and color. So, no matter how many times you make Japanese tea, you’ll get the same exhilarating flavor.
So, if you want to start your tea business in this growing market of Norway, organic Japanese tea proves to be an excellent way to start your journey with. But, how can you import organic Japanese tea to Norway? Let’s find out.
How to import organic Japanese tea to Norway?
Norway has very stringent rules and regulations that need to be followed if you want to import organic Japanese tea to Norway. You first need to acquire an Economic Operator Identification and Registration (EORI) number. This number is important when it comes to lodging a Summary Declaration to the customs authorities. EORI can also help you acquire an Authorized Economic Operator (AEO) that can allow you to acquire quick access to the procedures of the Norway customs.
When goods enter the country, they must remain at the customs territory till all the formalities are cleared. The customs authorities will only let your goods into the territory if you provide Summary Declaration to the customs officials. This declaration contains all the information regarding your products and it must be presented at the time of your goods’ arrival. The customs authorities of Norway will provide you with a form on which you can make your Summary Declaration.
Another thing that you can use as a declaration to allow the free flow of goods in the country is the Single Administrative Document. This document allows the free movement of goods all around the country and it also describes what kind of product you’re importing. It is valid in all the states of Norway and it is generally made by someone who’s either the importer or an agent who’s representing the import on behalf of the importer.
Customs or Import Duty Tax in Norway
If you want your goods to enter Norway, it is viable to pay all the taxes and duties incurred on your import, otherwise, your goods will cease to flow into the Norwegian market. The customs or import duty tax is applied on the entire cost of the imports, including the cost of the product, insurance cost, shipment cost, etc.
Let’s take a look at all the taxes incurred on importing tea to Norway.
Business Number Registration
If you want to safely conduct your business in Norway, you need to register your business with Bronnøysund Register Center and acquire a Norwegian National Identity Number or D-number. You can get your D-number online. For this, you need to complete a form known as Samordnet registermelding (Coordinated Register Notification) and send your application to the Business Registry.
The Business Registry will hold onto your application and once everything is clarified, the Business Registrar will send your application to the Citizen Registry. This is how your organization number is set up and once all your numbers are finalized, the application will be sent back to the Business Registry which will provide you with your registration number. With the help of this number, you connect with the government and can freely flow goods into and out of the market. There are about three kinds of corporate structures currently known in Norway. They are:
- Private Limited Company (AS)
- Public Limited Company (ASA)
- Branch Office of a Foreign Country
If the annual turnover of your business exceeds NOK 50,000, you will also need to register for VAT. But, before this amount, you don’t need to charge VAT on any goods or services.
Who can present the Summary Declaration to the customs officials of Norway?
The Summary Declaration is presented by the person who imported goods into the country. It can also be the person who’s made responsible for the carriage of goods or the person whose name is referred to on the declaration.
How to calculate the import duty tax on importing tea to Norway?
If you know the HS-CODE of the product, you can easily calculate the import duty tax on that particular product. In the case of organic Japanese tea, the HS-CODE is 63-2-93-90-0.
Now, imagine you import huge amounts of organic Japanese tea to Norway. The total cost comes out to be NOK 15,000 with the insurance cost of NOK 7,000. This value exceeds the threshold value, so all kinds of taxes will be imposed.
The general duty rate on the total value of goods is 10.7% which means that this tax will be equal to 22,000 x 0.107 = 2,354. An average duty rate of 1.06% is also applicable to the total value of goods. This tax rate gives us the value 22,000 x 0.0106 = 233.2. The total value of goods becomes 22,000 + 2,354 + 233.2 = NOK 24,587.2. This is the amount that you’ll pay to the Norwegian government to move your goods freely into the market. Apart from this, a 25% value-added tax will also be imposed on the total value of goods.
What are the requirements to set up a Private Limited Company (AS) in Norway?
There are some legal requirements that you need to fulfill in order to run a Private Limited Company (AS) in Norway. It must have:
- A minimum of one board member should be elected by general meeting from a bunch of board of directors
- State the highest and lowest number of members of the company
- One half of the board of directors must be citizens of Norway or any other EEA/EU country
- Annual accounts must be audited every 6 months
How much does it cost to set up a Private Limited Company (AS) in Norway?
To establish a Private Limited Company (AS) in Norway, you’ll need to take €1,500 from your bank account to obtain your D-number. After this, you’ll have to pay about €600 to €700 (NOK 5,570 to NOK 6,797) to the company registry of Norway. Finally, you’ll need to submit a minimum share capital of about NOK 30,000 in the bank account but this money will remain yours.
Undoubtedly, Norwegians were caffeine lovers, but today, the tea market is dominating. This can prove to be the right time to pitch in and make your mark in this market. Organic Japanese tea is one of the most scrumptious and flavorful teas in the entire world. It has the capability to draw all Norwegians towards its rich taste and flavor.
Therefore, you need to start importing this heavenly beverage to Norway and leave everyone astounded with just one sip. However, make sure that you know everything about the import rules and regulations of Norway before you start importing these treats.
Need Assistance on Japanese Tea Importation?
This shipping and importation of Japanese tea in your country have been a long-standing service that we offer. Therefore, if you are interested in Japanese Tea importation either as a business or you simply want to have a taste of quality, authentic Japanese tea, you may contact us through this website, and we are more than happy to assist you. Click here to contact Green Tea Merchant.
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