Who is a Company Secretary? A Company Secretary in Nepal plays a pivotal role in ensuring corporate governance and compliance with various regulatory requirements. Under the Companies Act 2063 (2006), the position of Company Secretary has gained significant importance in Nepal’s corporate landscape. The role encompasses maintaining statutory records, ensuring regulatory compliance, and acting as a bridge between the company and various stakeholders. The position has evolved from being merely

What are Advertisement Law in Nepal? Advertisement regulations in Nepal are governed by a comprehensive legal framework designed to protect consumers and maintain ethical advertising standards. The Advertisement (Regulation) Act, 2019 (2076 BS) serves as the primary legislation governing advertising practices in the country. This framework emerged from the need to regulate the growing advertising industry and ensure responsible marketing practices. The regulatory system aims to prevent misleading advertisements, protect

I. Introduction to Trademark Protection in Nepal Trademark protection in Nepal is governed by the Patent, Design and Trademark Act, 2022 (1965). This legal framework provides comprehensive protection for distinctive marks, symbols, and brand identities used in commerce. Nepal, as a member of the World Trade Organization (WTO) since 2004, has aligned its intellectual property laws with international standards while maintaining local considerations. The Department of Industry (DOI) serves as

Introduction to Hydropower Development in Nepal Nepal’s vast hydropower potential, estimated at 83,000 MW, positions it as one of South Asia’s most promising renewable energy hubs. The country’s hydropower development journey began in 1911 with the 500 kW Pharping Hydropower Plant. Today, Nepal has developed approximately 2,190 MW of hydropower capacity, representing merely 2.6% of its total potential. The development of hydropower in Nepal is governed by the Hydropower Development

What is Industrial Designs? Industrial design protection in Nepal is governed by the Patent, Design and Trademark Act, 2022 (1965). This legal framework provides creators and designers with exclusive rights to protect the aesthetic aspects of their industrial products. In Nepal, industrial design registration safeguards the ornamental or aesthetic features of an article, including its three-dimensional shape, pattern, or color combination. The protection of industrial designs has become increasingly important

I. Introduction to VAT in Nepal’s Telecom Sector Value Added Tax (VAT) in Nepal’s telecommunications sector represents a crucial component of the nation’s tax framework, implemented under the Value Added Tax Act, 2052 (1996). The telecom sector, being one of Nepal’s largest revenue generators, operates under specific VAT regulations designed to ensure proper tax collection while promoting sector growth. The telecommunications industry in Nepal has experienced significant expansion since liberalization

I. Introduction to Due Diligence in Nepal Due diligence in Nepal represents a critical process of systematic investigation and evaluation of businesses, investments, and transactions. In the Nepali context, due diligence has evolved significantly since the economic liberalization of the 1990s. The practice encompasses comprehensive examination of legal, financial, operational, and commercial aspects of business entities. The Nepali business environment, governed by the Companies Act 2063 (2006), requires thorough due

Introduction to Product Registration in Nepal Product registration in Nepal is a crucial regulatory requirement designed to ensure consumer safety, maintain quality standards, and regulate the sale of various products in the Nepalese market. The process is governed by multiple regulatory bodies, with the Department of Food Technology and Quality Control (DFTQC) and the Department of Drug Administration (DDA) being the primary authorities. Nepal’s product registration system has evolved significantly

I. Introduction to FDI and Technology Transfer Regulations 2021 Nepal, a country nestled in the Himalayas, has been making significant strides in attracting foreign direct investment (FDI) and facilitating technology transfer to boost its economic growth. In 2021, the Government of Nepal introduced the Foreign Investment and Technology Transfer Regulations (FITTR), which aim to streamline and modernize the process of foreign investment and technology transfer in the country. The FITTR

Introduction to Project Finance in Nepal Project finance in Nepal has emerged as a crucial funding mechanism for large-scale infrastructure and development projects. This specialized financing approach, where lenders rely primarily on project assets and cash flows for loan repayment, has become increasingly important in Nepal’s developing economy. Under the Nepal Rastra Bank (NRB) Unified Directives 2078, project finance is defined as non-recourse or limited recourse financing structured around a