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

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 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

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 years, Nepal has witnessed a significant increase

A petrol pump business, also known as a fuel station or gas station, is a commercial enterprise that primarily engages in the retail sale of petroleum products, including petrol, diesel, and sometimes liquefied petroleum gas (LPG). In Nepal, petrol pump businesses play a crucial role in the country’s transportation and energy sectors, providing essential fuels to vehicles, machinery, and sometimes households. The petrol pump business in Nepal operates under strict

In the realm of Nepalese legal practice, wills and trusts play a crucial role in estate planning and asset management. These legal instruments provide individuals with the means to distribute their property and assets according to their wishes, both during their lifetime and after death. The concept of wills and trusts in Nepal is governed by a combination of statutory laws and customary practices, reflecting the country’s unique legal landscape.

Adoption is a legal process that creates a parent-child relationship between individuals who are not biologically related. In Nepal, adoption is governed by the Children’s Act 2075 (2018) and the Children’s Rules 2078 (2021), which provide a comprehensive framework for both domestic and intercountry adoptions. This process is designed to ensure the best interests of the child while also providing opportunities for families to grow through adoption. Nepal, as a