The Norwegian Dept of Customs and Excise has recently published a suggestion for new regulations regarding storing foreign yachts in Norway. The suggested changes to the law states that it will be allowed to store a foreign yacht anywhere in the country, also outside a bonded Custom storage. No VAT deposit will be required. You will need permission from Customs before placing the boat in storage, and a special application form will be made for this purpose. Further the suggested new law states that permission for VAT exemption can be granted for up to 12 months, with a further 12 months after application.
The suggested new text has is open for public comment until August 29 2011 (in Norwegian "høring" - a compulsory requirement where interested parties can voice their opinion before changes are implemented). From the published text it seems authorities plan to implement the new law this year, which may be important for some of you currently cruising Norway.