Publications
Comparison between Non-government Organization and Profit Not Distributing Company
How is the non-government organization is different from profit not distributing company has been differentiate below : S.N.TitleNon-Government Organization (NGO)Not-for-Profit Company (NFP Company)1.Relevant LawsAn NGO is registered under the Association Registration...
Legal Regime of Foreign Investment in Nepal
Foreign Investment in Nepal is regulated by the Foreign Investment and Technology Transfer Act 2019 (hereinafter “FITTA”) and Public Private Partnership Investment Act 2019 (hereinafter “PPPIA”). With an attempt to further facilitate and expedite foreign investment,...
Registration of Foreign Company’s Branch / Liaison Office in Nepal
Under the prevailing laws of Nepal, foreign companies willing to undertake business transactions are either required to make a foreign investment with equity injection in the sectors which are permitted for foreign investment or establish a branch office in Nepal....
Cheque Bounce and Legal Remedies in Nepal
What is a Cheque Bounce ? Dishonor of a cheque occurs whereby a bank refuses to accept or pay the drawn amount to the payee due to various reasons such as: if the cheque is overwritten, if the signature is absent or the signature in the cheque does not match with the...
Establishment of Private Equity/Venture Capital funds in Nepal
The Securities Board of Nepal (“SEBON”) has formulated the Specialized Investment Fund Rules, 2075 (2019) (“Rules”) that lays down requirements for the establishment and operation of Specialized Investment Funds (also understood as alternative investment funds). The...
Q & A: Registration of Patent and Design in Nepal
Q. Is registration of Patent and Design mandatory? A. Yes, registration of Patent and Design is mandatory to seek protection as per the Patent, Design and Trademark Act, 2022. If any person wants to acquire a right over a patent such person should register the patent...
HOW TO START AN E-COMMERCE COMPANY IN NEPAL
The E-commerce sector in Nepal has been flourishing at a rapid pace. However, interested individuals or entities often find it difficult to carry out e-commerce business in the absence of any specific laws regulating the business. In order to address this legal...
GENERAL INTRODUCTION TO LABOR LAWS IN NEPAL
The primary legal instrument is concerned with labor are Labor Act, 2074 (2017) (“Act”) and Labor Rules, 2075 (2018) (“Rules”). Labor Act has been effective since 19 Bhadra, 2074 (4 September 2017) and the Labor Rules has been effective from 08 Asar, 2075 (22 June...
Important Things You Must Know Before Starting Business In Nepal
How to start a business in Nepal? Before starting a business in Nepal, it is important to determine the nature of the business i.e. commerce (trade, goods and services distribution) or industry (production or manufacturing). Once the nature of the business has been...
Q & A: Registration of Trademark in Nepal
Q. Can Industry or Company use the trademark without registration? A. Industry or Company may use the trademark without registration. However, Industry or Company cannot claim for infringement of the third party uses the trademark in its product or service...
Legal News
NRB sets a new benchmark rate for Foreign Loan
Nepal Rastra Bank has amended the “Foreign Investment and Foreign Loan Management By-laws” (hereinafter “By-laws”) on 23 January 2022 (9 Magh 2078) pursuant to the rights granted by Foreign Exchange Regulation Act 1962 and Nepal Rastra Bank Act 2002. This By-law has...
Conditions for the Establishment of Motorcycle Assembly Industry in Nepal
Department of Industries (“DOI”) on 3rd November has published the conditions for the establishment of Motorcycle Assembly Industry by importing complete knockdown i.e completely unassembled parts of a vehicle, to be assembled into a complete vehicle in a customer's...
Guidelines Relating to Operation of Investment Companies in Nepal
With the motive to regulate the activities of Investment Companies to be registered pursuant to the Industrial Enterprises Act 2019 (Schedule 8, No. 65), Nepal Government has published guidelines in relation to the operation of Investment Companies (“Guidelines”) in...
MINIMUM SALARY OF EMPLOYEES WORKING IN TEA ESTATE
The Government of Nepal, Ministry of Labor, Employment and Social Security has published a notice on 28 Asadh, 2078 (12 July 2021) concerning the minimum salary of employees working in the tea estate. The effective minimum salary of employees working in a tea estate...
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 Foreign Loan management By-Law” (“By-Law”) on 8 June 2021 (25 Jestha 2078) pursuant to Foreign Exchange Regulation Act 1962 and Nepal...
Nepal Government revised the minimum remuneration
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 minimum remuneration is NPR 13,450. You can download the pdf version of Revision of...
मोही लागेको जग्गाको जग्गावाला र मोहीले त्यस्तो जग्गा बाँडफाँडका निमित्त मिति २०७८ साल असार मसान्तसम्म निवेदन दिनुपर्ने, र मोही लागेको जग्गाको जग्गावाला र मोहीबीच बाँडफाँड गरि कारबाही टुङ्गो लगाई सक्नुपर्ने अवधि मति २०७८ साल पौष मसान्तसम्म तोकी मिति २०७७ चैत ९ गते राजपत्रमा सुचना प्रकाशन गरिएको छ ।
Foreign Investment and Technology Transfer Rule 2021 (2077) – FITTA RULES
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 Partnership Investment Act 2019 on 27 March 2019( Chaitra 13, 2075)....