Should we keep our shares in Equro's system or VPS's system? This is a question we get every week at Equro. There's no one-size-fits-all answer — it depends on the company's specific needs, size, and future plans.
Equro as a share ledger and Account Operator in VPS
Equro is one of the largest share ledgers in Europe, and the only company in Norway offering solutions for both its own share ledger and registration with Euronext Securities Oslo (VPS/ES-OSL) — Norway's central securities depository. Equro has more than NOK 750 billion in paid-in capital registered in the system. We offer companies a unique solution for managing their shares, including Norwegian Depository Receipts (NDR) for companies with additional needs. Read «Norwegian Depository Receipts» for more information.
When should you choose Equro, and when should you choose VPS?
For companies without CSD (Central Securities Depository) needs, Equro's own system is often a simple and cost-effective solution for share administration. Public limited companies (ASA) and companies heading toward a listing on the Oslo Stock Exchange, however, are required to register with ES-OSL, Norway's CSD. Both forms of registration cover the same range of corporate actions — from dividend payments to mergers and acquisitions.
Equro tailors the solution to each company's needs. Whether you choose Equro or ES-OSL, you get the support you need to manage your shares effectively. Read more about our solutions here.
Tax reporting is handled either way
Regardless of whether a company chooses Equro or ES-OSL, we take care of tax reporting to the Norwegian authorities (the shareholder register report, or «AR report»). We report for more than 2,000 companies every year, with over two decades of experience in the field.
Frequently asked questions about choosing a share ledger
Does a company have to choose either Equro or VPS?
No. Many companies start out in Equro's own system and move to VPS/ES-OSL as they approach a listing or develop a specific CSD need.
Does Equro recommend one system over the other?
No, Equro tailors its advice to the company's specific needs, whichever system the company ultimately chooses.
How does a company get started?
Get in touch with us for an assessment of which solution best fits your company's needs.
About Equro
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?
