Drug Manufacturing Process in Nepal
Licensing and Approvals
BizNep: No.1 Company, Tax & Advisory Services

Drug Manufacturing Process in Nepal

What is A Drug? In the context of Nepalese law, a drug is defined under the Drugs Act, 2035 (1978) as any substance or mixture of substances used in the diagnosis, treatment, mitigation, or prevention of disease in human beings or animals. This definition encompasses a wide range of products, including traditional medicines, allopathic drugs, vaccines, and biological products. The Act also includes substances used to affect the structure or

Read More »
Food and Beverage Manufacturing in Nepal
Licensing and Approvals
BizNep: No.1 Company, Tax & Advisory Services

Food and Beverage Manufacturing in Nepal

I. Introduction to Food and Beverage Industry in Nepal Nepal’s food and beverage industry has been experiencing significant growth in recent years, driven by changing consumer preferences, urbanization, and increasing disposable incomes. The sector plays a crucial role in the country’s economy, contributing substantially to employment and GDP. As per the Department of Industry’s data, food and beverage manufacturing accounts for approximately 30% of the total manufacturing establishments in Nepal.

Read More »
Contract Drafting Process in Nepal
Licensing and Approvals
BizNep: No.1 Company, Tax & Advisory Services

Contract Drafting Process in Nepal

I. What is a Contract in Nepal? In Nepal, a contract is a legally binding agreement between two or more parties that creates mutual obligations enforceable by law. The Contract Act, 2056 (2000) defines a contract as “an agreement enforceable by law.” This definition aligns with the global understanding of contracts and forms the foundation of contractual relationships in Nepal. Contracts in Nepal can be written or oral, though written

Read More »
Aircraft Leasing in Nepal
Licensing and Approvals
BizNep: No.1 Company, Tax & Advisory Services

Aircraft Leasing in Nepal

I. Introduction to Aircraft Leasing in Nepal Aircraft leasing has become an increasingly popular option for airlines and aviation companies in Nepal, offering flexibility and cost-effectiveness in fleet management. As a landlocked country with challenging terrain, Nepal heavily relies on air transportation for both domestic and international connectivity. The Civil Aviation Authority of Nepal (CAAN) regulates the aviation sector, including aircraft leasing activities, to ensure safety, compliance, and economic growth.

Read More »
Telecommunications Law in Nepal
Licensing and Approvals
BizNep: No.1 Company, Tax & Advisory Services

Telecommunications Law in Nepal

I. What is Telecom Law? Telecom law, or telecommunications law, encompasses the legal framework governing the provision and regulation of telecommunications services. In Nepal, telecom law is a crucial component of the nation’s legal system, designed to oversee and manage the rapidly evolving telecommunications sector. This body of law addresses various aspects of telecommunications, including licensing, spectrum allocation, infrastructure development, consumer protection, and regulatory compliance. The primary objective of telecom

Read More »
Foreign Movie Making in Nepal
Licensing and Approvals
BizNep: No.1 Company, Tax & Advisory Services

Foreign Movie Making in Nepal

I. Introduction to Film Production in Nepal Nepal, with its breathtaking landscapes, rich cultural heritage, and diverse topography, has become an increasingly popular destination for foreign filmmakers. The country’s unique blend of Himalayan peaks, lush forests, and ancient cities provides a captivating backdrop for various film genres. However, navigating the legal landscape of film production in Nepal requires a thorough understanding of the country’s regulations and procedures. The Nepali film

Read More »
Safeguards, Anti-Dumping and Countervailing Act, 2019
Licensing and Approvals
BizNep: No.1 Company, Tax & Advisory Services

Safeguards, Anti-Dumping and Countervailing Act, 2019

I. Introduction to the Act The Safeguards, Anti-Dumping and Countervailing Act, 2019 (2076 BS) is a pivotal piece of legislation in Nepal’s trade law framework. Enacted to protect domestic industries from unfair international trade practices, this Act aligns Nepal’s legal system with World Trade Organization (WTO) standards. The Act provides a robust mechanism to address issues such as dumping, subsidies, and sudden surges in imports that may harm local producers.

Read More »
Document Notary Process in Nepal
Licensing and Approvals
BizNep: No.1 Company, Tax & Advisory Services

Document Notary Process in Nepal

Introduction Notarization is a crucial legal process that authenticates and certifies documents, ensuring their validity and credibility in various legal and official contexts. In Nepal, notarization plays a significant role in validating important documents for both domestic and international purposes. This comprehensive guide will delve into the intricacies of notarization in Nepal, covering everything from the definition of a notary to the specific laws and processes involved. What is A

Read More »
Small Business घरेलु Registration in Nepal
Licensing and Approvals
BizNep: No.1 Company, Tax & Advisory Services

Small Business घरेलु Registration in Nepal

I. Introduction to Small Business in Nepal Nepal, a country nestled in the heart of the Himalayas, has witnessed a significant surge in entrepreneurial activities over the past decade. Small businesses play a crucial role in the Nepalese economy, contributing substantially to employment generation and economic growth. According to the Industrial Enterprise Act, 2076 (2020), a small business in Nepal is defined as an enterprise with fixed capital not exceeding

Read More »
Insurance Law in Nepal: A Legal Guide
Licensing and Approvals
BizNep: No.1 Company, Tax & Advisory Services

Insurance Law in Nepal: A Legal Guide

I. Introduction to Insurance Regulations in Nepal Insurance plays a crucial role in Nepal’s financial ecosystem, providing individuals and businesses with protection against various risks. The insurance sector in Nepal has undergone significant changes in recent years, with the government implementing new regulations to strengthen the industry and protect policyholders. This comprehensive guide delves into the intricacies of insurance law in Nepal, covering everything from the legal framework to the

Read More »