Norway Government Opens Public Information Center In The Metaverse

Norway’s public registry center is collaborating with global accounting firm Ernst & Young (EY) to open an office in the metaverse. Through its virtual office, the government agency aims to educate the younger generation about tax laws, business development and cryptocurrencies.

Norway Government Opens Public Information Center In The Metaverse

The Norwegian government has partnered with accounting firm Ernst & Young (EY) to open a virtual office in the metaverse for its public information center. The Brønnøysund Register Center is responsible for managing all public services in the country like tax, legal and transport. It also manages systems that allow for digital exchange of governmental information.

 

According to the announcement, the public center decided to open its metaverse office because it wanted to connect with the younger generation where they will be, and educate them about government services. Experts at the Brønnøysund Register Center will provide information on topics like how to start a business and how to report crypto income to tax authorities.

 

“More and more authorities see a clear need of being present at the platforms where mainly younger generations are, both for tax and legal purposes with regards to information. It is the next generation that is really building DeFi-based landscapes and they often lack knowledge of tax or legal implications.

 

That is why public authorities in Norway want to inform them about everything: from how to register a company, at what threshold VAT registrations arise, how to report your cryptos, etc,” said Magnus Jones, Lead of Innovation at EY Nordic region.

 

EY will build the Brønnøysund Register Center in Decentraland, an Ethereum-based metaverse platform where Ernst & Young also has an office. The company is actively involved in the Web3 space, having developed multiple blockchain-based projects and invested millions into building its own blockchain network.

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