Transport and shipping
Profitable operations in the transport and shipping sector are dependent on solid infrastructure, well-developed communication platforms and close dialogue with clients, partners and authorities.
Transport and shipping must deal with constant changes in conditions and changing requirements from clients and public authorities in the countries where they operate. Collection of “local” taxes in countries where activities take place is one growing focus area. Norwegian businesses have to work hard to overcome stiff foreign competition. This is resulting in pressure on margins.
Shipbuilding is a high-risk undertaking. Success is contingent on timely delivery, financing adapted to operations and world-class technical solutions. The choice of tax regimes is also important when structuring businesses.
BDO has extensive experience of transport and shipping and is extremely familiar with the industries. We have outstanding expertise in audit, advisory and legal assistance that is tailor-made for transport and shipping businesses.