Publications

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,...

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...

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...

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 ।