Every week we get asked:
“Should we keep our shares in your system 'Equro' or in VPS' system?”.
The answer to this question has no easy answer, as it's based on the specific needs of your company.
Equro, one of the largest share ledgers in Europe, offers companies in Europe a unique solution for managing their shares. With more than NOK 510 billion in paid-in capital registered in the system, Equro is the only company in Norway with solutions for both share ledgers and is the Registrar for the Norwegian Central Securities Depository Euronext Securities Oslo (ES-OSL). We even have solutions for SNDRs, see this article for more information.
For companies without CSD needs, our own system provides an easy, cost-effective solution for share management. On the other hand, ASA´s and companies heading for listing may opt for ES-OSL, which is the Norwegian CSD. This is mandatory for public limited companies and companies listed on the Oslo Stock Exchange. Both registration forms have solutions for managing the shareholders and doing all the events or corporate actions that a company could need. This ranges from paying Dividends to mergers or acquisitions and much more. We also do the tax reporting.
At Equro, we understand that each company has different needs, and we provide tailored solutions to meet those needs. Whether you choose Equro or ES-OSL, you can trust that we will provide the support you need to effectively manage your shares and not choose what we want you to choose.
Whether you are going for ES-OSL or Equro – the tax reporting to the Norwegian authorities (“Ar-oppgaven”) will be taken care of. Equro reports for more than 2,000 companies each year and has extensive experience over the last two decades in this area as well.
In an increasingly complex and regulated market, it becomes even more important for companies to have reliable systems and processes in place. Equro's digital share ledger represents such a solution, not only aiding in complying with the new EU regulations but also simplifying and streamlining shareholder administration.
Feel free to contact us if you want to know more about our solutions.
Did you know that we submit several thousand shareholder register reports via Altinn every year and are thus one of Norway's largest providers to the Norwegian Tax Administration?