With the aim to facilitate and ease foreign investment approval process, Nepal Rastra Bank (“NRB”) has enacted “Foreign Investment and Foreign Loan management By-Law” (“By-Law”) on 8 June 2021 (25…
Vidhi LegalJune 9, 2021
NRB Bylaws waives approval requirement for foreign investments
With the aim to facilitate and ease foreign investment approval process, Nepal Rastra Bank (“NRB”) has enacted “Foreign Investment and…
Read More
The Government of Nepal, Ministry of Labor, Employment and Social Security published a notice on 20 Baisakh, 2078 B.S. (3 May, 2021 A.D.) concerning the minimum remuneration paid to employees…
Vidhi LegalJune 1, 2021
Government of Nepal, on 20 Baisakh, 2078, has published a notice in Nepal Gazette, revising the minimum remuneration to NPR 15,000 to be effective from 1st Shrawan, 2078. The existing…
Vidhi LegalMay 3, 2021
Consultants are often treated as employees. However, there are some major differences to the nature of their work and terms and conditions of their engagement. The table below helps us…
Vidhi LegalApril 13, 2021
NRB allows payment in Foreign currency Nepal Rastra Bank, the Central Bank is the primary regulator of foreign exchange and as such regulates all inward and…
Vidhi LegalMarch 25, 2021
Vidhi LegalMarch 24, 2021
In Nepal, a foreign investor can invest in any industry through technology transfer also. There is no restriction on the category of industry to undergo technology transfer. The regime of…
Vidhi LegalFebruary 19, 2021
With an attempt to further facilitate and expedite foreign investment, Government of Nepal enacted Foreign Investment and Transfer of Technology Act 2019 (the “FITTA” or the “Act”) and Public Private…
Vidhi LegalJanuary 15, 2021
Key Contacts
Anish Bastola
Partner
Anushka Bhattarai
Partner
Diksha Kandel
Partner
Pratistha Bhandari
Partner