Chartervirksomhet

Chartervirksomhet is a Norwegian term that refers to a company's charter or purpose. In the context of company law, it describes the essential idea or objective that a business is founded upon, which is often enshrined in the company's Articles of Association. This charter can take various forms, including a specific business purpose, a particular industry or sector, or even a social or environmental mission.

In Norway, a chartervirksomhet is a key component of a company's identity, and is often considered a declaration of the company's values and goals. It can serve as a guide for the company's actions and decisions, and is typically used to convey the company's purpose or mission statement to stakeholders, including employees, customers, and investors.

Companies in Norway are required by law to have a chartervirksomhet, which must be set out in the company's Articles of Association. The charter must be approved by the company's shareholders and is typically reviewed and updated periodically to ensure it remains relevant and effective.

A well-written chartervirksomhet can help a company to differentiate itself from competitors, and to establish a strong brand identity. It can also provide a framework for decision-making and behavior within the organization, and can serve as a guide for the company's development and growth.

Overall, chartervirksomhet is an important concept in Norwegian company law, and plays a key role in defining the purpose and identity of a business. By setting out a clear and compelling charter, a company can engage with its stakeholders, build a strong reputation, and achieve its goals and objectives.