Norway

NORWAY

NORWAY

COMPANY DETAILS

Amway Norge

Carl Gustavs Gade 3,1
2630 Taastrup
Denmark

Phone: +47 2302 4629
Fax: +47 2302 4734

 

www.amway.no (Public & Distributor Website/MultiLingual)

Amway_norge@amway.com (Email)

Opened July 1999

Plan Basics

Overview

Purchasing Products
All Amway Business Owners purchase products directly from Amway.

Bonus Payment
Bonuses will be paid directly to all Amway Business Owners who have earned the bonus. Bonus payments will be paid by a bank transfer to the account stated on the Norwegian application form.

PV/BV Transfers
PV/BV transfers are not available.

Single Line Of Sponsorship
Amway Business Owners operating in any of the four countries in the Scandinavian region will be able to personally sponsor both Amway Business Owners and Member in any of these countries. A business operating within any of the Scandinavian countries only needs to submit one application for sponsoring activities within the region. However, Amway Business Owners will need to comply with local business and tax requirements as outlined in company literature, which includes a restriction on product retailing within the specific country of business registration. A single bonus check, representing volume generated in all the Scandinavian countries, will be issued to the Amway Business Owner in the currency and country registered with Amway.

Performance Schedule

PV Performance Bonus
10000            21%
7000              18%
4000              15%
2400              12%
1200               9%
600                 6%
200                 3%

PV/BV Ratio
The average PV/BV ratio for Amway products as of March 2016 is 16,03915.

Retail Margin

Retail margin or mark up for Amway products averages about 30% but varies
with each product. The average retail margin for this market is 30.3%.

Starter Kit Purchasing
The Start! Kit contains mandatory literature. Amway Business Owners only have to purchase the Start! Kit, and they will receive this directly from Amway. The registration and ordering of the Start Kit is always done online. It is furthermore possible to purchase additional products on the first order. Payments can only be made by credit card.

The registration process can be completed by using the Internet site www.amway.fiwhere the applicant, together with the sponsor, completes the Registration Form. The new Amway Business owner is registered at that moment and he/she can buy products on-line. The Start! Kit will be automatically included in the order. The Registration Form must be printed and signed by the applicant and submitted to Amway Finland, Carl Gustavs Gade 3-1, 2630 Taastrup DK within the first 30 days after registration. The registration form can also be scanned and sent in to amway_suomi@amway.com.

Cost of Starter Kits

- Sponsor Pack:
Norweigan Krone 60,00

- Completer Kit:
Norweigan Krone 1.040,00

- Start Kit:
31 euros

Sponsoring
Amway Business Owners operating in any of the four countries in the Scandinavian region will be able to personally sponsor both Amway Business Owners and Members in any of these countries.

Business Type

A – Amway Business Owner (ABO)
This is the business builder, eligible to register other Amway Business Owners and Members, merchandise, receive Performance Volume Bonuses and take advantage of all of the benefits of owning an Amway business.

M – Member
Members will enjoy a variety of benefits such as products and services at a special Member price, special offers and purchase incentives, all for a small fee. A Member will not merchandise, register others or receive Performance Volume and related Bonuses.

C – Client
This is someone who simply loves the products, is not currently interested in the benefits or costs of membership, and wants to buy products from an Amway Business Owner.

Establish a Second Business

International Sponsoring
International sponsoring is always an option and an excellent means of expanding your business while avoiding many of the costs and complexities associated with establishing a second business. Please note: For those markets where foreigners are able to establish a second business, they must be the international sponsor of their second business in another country.

Foreign Amway Business Owners who plan to have an active Amway business in Scandinavia must comply with the laws of doing business in the region. Foreigners may establish an Amway business in Norway either as an individual or by forming a legal entity, such as a corporation or partnership.

Available forms of doing business
- Sole proprietorship
- Partnership
- Branch
- Private or Public Limited Company

Business and tax registration requirements vary depending on which method of operating your business you choose and which country you choose to operate in. A local address, a local bank account and social security number for foreigners (D-number) are required.

Please consult your legal and tax advisors for specific formation requirements and information on which form of legal entity would be most advisable for you.

U.S., Canadian and EU country citizens do not need a visa to enter Norway if their stay is less than 90 days. However, they must hold a valid passport. The passport union holds minimal border formalities between the Nordic countries but passports must always be carried.

Ordering

- Offline order form (can be sent by snail mail, fax or email)
- Internet: www.amway.fi

For PIN number information, please see How to Manage - Access Information section.

Payment Methods

- Credit card for all types of orders (VISA, MasterCard, Eurocard)
- Bank Transfer

Returns/Refunds

Start! Kit returns will be accepted 90 days from date of purchase.

Before returning - please contact Amway Finland, who will send out a return sheet. The refund will be provided to the Amway Business Owner by an accounts payable on their bonus account or deposit in their bank account (the account designated on their application form).

Access Information

Internet: www.amway.fi

Username and PIN can be obtained by contacting Amway Finland.

Receive Bonus Payment

- Bank transfer
The requirements for opening a bank account in Finland are a personal ID card or passport for locals and a passport for foreigners.

Renew
Please note: Renewal is only necessary in one market for Denmark/Finland/Norway/Sweden

Cost/Timing:
33,48 euro
September through December

Late renewal
January until 15th of August
42,16 euro

Renewal Method:
- Together with product order or separately on www.amway.fi
Order number: 9990

Uplines may not renew on behalf of down-lines. For late renewals it is necessary to contact the affiliate personally.