When should a NUF convert to an AS — the trigger list?

Convert when any of these arrive: a second season or recurring contracts, a Norwegian bank account becoming necessary, clients or insurers treating the NUF as second-class, hiring locally, or margins big enough that the company's credibility costs money. A NUF is a fine entry vehicle and a poor permanent home. The mistake is not choosing NUF — it is never defining the trigger, so the conversion happens five expensive years late.