Terms of use

1. Introduction

These terms of use (the “Terms”) apply to all services and products provided by Stift AS (hereinafter “Stift”, “we”, “us” or “our”). Stift is an authorized provider of business services under section 42 of the Norwegian Anti-Money Laundering Act, and mainly offers shelf companies and related services.

The services Stift offers are primarily aimed at businesses, and purchases of shelf companies are normally made as part of commercial activity. Consumer protection legislation (the Consumer Purchases Act and the Right of Withdrawal Act) therefore does not apply. If you have questions about this, or are in a situation involving a private purchase, you are welcome to contact us for clarification.

By using our services, you accept that you are bound by the Terms. Please read them carefully before entering into an agreement with us.

2. About Stift's services

Stift sells so-called shelf companies (established but inactive limited companies) ready for takeover, with accompanying documents and updates to public registers. Stift can also assist with document handling, registrations in public registers, advice on formal requirements, and so on.

3. Authorization and the Anti-Money Laundering Act

As an authorized company service provider under section 42 of the Anti-Money Laundering Act, Stift is obliged to follow applicable rules on customer due diligence (KYC) and reporting. This means, among other things, that we may require additional documentation and information from the customer, and we may refuse to deliver services if statutory requirements are not met.

4. The customer's obligations

The customer is obliged to provide correct and complete information about themselves and the company or companies for which services are ordered.

5. Ordering and delivery

5.1 Ordering

Orders for shelf companies or other services are placed via Stift's website, email, telephone, or another accepted communication channel.

5.2 Delivery

Stift delivers the necessary documents and updates the relevant registers once all required information and confirmations from the customer have been received and payment has been completed.

5.3 Payment terms

Payment is made in accordance with the agreed price and due date. In the event of late payment, Stift may claim default interest and may suspend further delivery until the payment obligation has been met.

6. No right of withdrawal or consumer protection

Stift caters exclusively to businesses. Consequently, consumer legislation (the Consumer Purchases Act and the Right of Withdrawal Act) does not apply to agreements with Stift. The same applies to the Sale of Goods Act in connection with the sale of shelf companies, as the service is of a nature where that act is not relevant.

7. Limitation of liability

7.1 Direct and indirect loss

Stift is not liable for any direct or indirect loss the customer may incur in connection with the use of our services, unless otherwise required by mandatory law.

7.2 Force majeure

Stift is not liable for delay or non-delivery caused by circumstances beyond our control, including government decisions, strikes, lockouts, natural disasters, war, or similar events.

7.3 Timely notification

Should the customer experience errors, delays, or other deficiencies in services from Stift, the customer is obliged to notify Stift without undue delay, so that we have the opportunity to correct any errors or deficiencies.

8. Privacy

Stift will only process personal data to the extent necessary to fulfil our obligations under the agreement, and otherwise in accordance with applicable legislation, including the Personal Data Act and the General Data Protection Regulation (GDPR). For more information about how we process personal data, see our privacy policy.

9. Changes to the Terms

Stift reserves the right to update or change these Terms when needed. In the event of material changes, the customer will be notified within reasonable time before the changes take effect. Continued use of our services after the changes have been made is considered acceptance of the revised Terms.

10. Governing law and disputes

These Terms are governed by and shall be interpreted in accordance with Norwegian law. Any disputes between Stift and the customer shall be sought resolved amicably. If no agreement is reached, each party may bring the dispute before the ordinary courts, with Oslo as legal venue, unless otherwise required by mandatory law.