Norwegian Government Plans to Create Office in Metaverse for Tax and Administration Services

The Norwegian government is not an office in Metaverse. (photo: dock. Pixabay)

JAKARTA – The Brønnøysund Register Center, a Norwegian government agency, in partnership with the Big Four accounting firm Ernst & Young (EY) is now stepping into the metaverse by creating a new virtual office location.

This office is responsible for managing many of the public administration requirements for Norwegian citizens, along with systems for exchanging government digital information.

According to the announcement, the agency chose to create a metaverse location because “future users of public services are there,” and they want to connect with the younger generation who take advantage of its services.

“More and more authorities are seeing a clear need to be present on a platform where a large part of the younger generation is for tax and legal purposes with respect to information,” Magnus Jones, Nordic innovation lead at EY, told Cointelegraph.

The virtual office plans to offer users information about crypto reporting through the Norwegian Tax Agency and information on how to start a company from the experts at the Brønnøysund Registers.

Andreas Hamnes, business developer at Brønnøysund Registers, said if the service continues to evolve as it is today, it will contribute to increasing alienation for the “digital-born” generation.

Jones goes on to say that it's the next generation who are truly building "DeFi-based landscapes," and they often have no clue or lack of knowledge about tax or legal implications.

“That is why the public authorities in Norway want to inform them of everything: from how you registered a company, at what VAT registration threshold, how to report your crypto, and so on,” added Hamnes.

EY also has a metaverse office location in Decentraland, following many Web3 developments, which include investing millions of dollars in the development of its own blockchain suite.

This development comes after alarming claims about the number of users on Decentraland.

Initial reports claim that there are only about 40 unique active wallets on the metaverse platform. These numbers are corrected by DappRadar, the datasource, and Decentraland.

In the weeks following the incident, developers and investors in the metaverse spoke confidently that the metaverse is still a major part of the future of the internet.

DappRadar's Q3 report revealed that blockchain games and metaverse projects raised a cumulative $1.3 billion in funding in the quarter alone. In the same time frame, the International Criminal Police Organization entered the metaverse with its own metaverse law enforcement.