I. Introduction to Industrial Enterprises Act 2076 The Industrial Enterprises Act 2076 (2020) is a pivotal piece of legislation in Nepal that governs the establishment, operation, and regulation of industrial enterprises within the country. This Act, which replaced the Industrial Enterprises Act 2073 (2016), aims to foster industrial growth, promote investment, and create a conducive environment for sustainable economic development in Nepal. The Act was promulgated with the primary objectives

I. What is Customs Law? Customs law refers to the comprehensive legal framework that governs the movement of goods across international borders. In Nepal, customs law encompasses a wide array of regulations, procedures, and practices designed to control imports, exports, and transit goods. The primary objectives of customs law include revenue collection, trade facilitation, and protection of national security and public health. Nepal’s customs law is rooted in the country’s

What is Annual General Meeting (AGM)? The Annual General Meeting (AGM) is a crucial corporate governance event for companies operating in Nepal. As mandated by the Companies Act, 2063 (2006), all registered companies in Nepal are required to conduct AGMs within specific timeframes. These meetings serve as a platform for shareholders to engage with the company’s management, review financial performance, make key decisions, and exercise their voting rights. In Nepal,

I. How to Invest in Nepal as an Indian? Investing in Nepal as an Indian national presents a unique opportunity due to the close cultural, economic, and geographical ties between the two nations. The process of investment is governed by a robust legal framework that aims to facilitate and protect foreign investments, including those from India. The Nepal Investment Board, established under the Investment Board Act, 2068 (2011), serves as

I. Introduction to FDI in Nepal’s IT Sector Foreign Direct Investment (FDI) in Nepal’s Information Technology (IT) sector has become increasingly significant in recent years, as the country seeks to modernize its economy and leverage its growing pool of tech-savvy professionals. The Government of Nepal, recognizing the potential of the IT industry to drive economic growth and create high-value employment opportunities, has implemented various policies and initiatives to attract foreign

I. Introduction to Aircraft Registration in Nepal Aircraft registration is a crucial process in the aviation industry, serving as the foundation for ensuring safety, accountability, and regulatory compliance. In Nepal, a country known for its challenging terrain and diverse aviation needs, the process of aircraft registration is governed by stringent regulations and overseen by dedicated authorities. This comprehensive guide delves into the intricacies of aircraft registration in Nepal, providing valuable

I. Introduction to Sports Law in Nepal Sports law in Nepal is a rapidly evolving field that encompasses a wide range of legal issues related to sports activities, organizations, and athletes. The legal framework governing sports in Nepal is multifaceted, involving various statutes, regulations, and governing bodies. This comprehensive guide aims to provide a detailed overview of sports law and the registration process for sports organizations in Nepal. In recent

I. Introduction to FDI in Nepal’s Hotel Industry Foreign Direct Investment (FDI) in Nepal’s hotel industry has become an increasingly significant factor in the country’s economic growth and tourism sector development. As a nation blessed with natural beauty, rich cultural heritage, and diverse landscapes, Nepal has been attracting a growing number of international tourists, creating a robust demand for quality accommodation and hospitality services. This surge in tourism has opened

I. Introduction to Loan Financing in Nepal Loan financing plays a crucial role in Nepal’s economic development, providing individuals and businesses with the necessary capital to pursue their financial goals. In recent years, the Nepalese financial sector has undergone significant transformations, with the Nepal Rastra Bank (NRB) – the central bank of Nepal – implementing various policies to enhance the accessibility and efficiency of loan financing. The legal framework governing

I. Introduction to Tax System for Foreign Companies in Nepal Nepal’s tax system for foreign companies is governed by a comprehensive legal framework that aims to ensure fair taxation while promoting foreign investment. The primary legislation governing taxation in Nepal is the Income Tax Act, 2058 (2002), which provides the foundation for the country’s tax policies and procedures. Foreign companies operating in Nepal are subject to various tax obligations, and