by Vidhi Legal | Oct 16, 2023 | News
On October 2, 2023 (2080/06/15) the Government of Nepal, Ministry of Industry, Commerce and Supply issued notice in Nepal Gazette regarding implementation of Automated Route in Foreign Direct Investment (FDI) in Nepal with the authority vested by Section 42 (1) of...
by Vidhi Legal | Mar 26, 2022 | Publications
ShareHow 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...
by Vidhi Legal | Jan 29, 2022 | News
ShareNepal 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...
by Vidhi Legal | Jan 17, 2022 | Publications
ShareForeign 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...
by Vidhi Legal | Dec 27, 2021 | Publications
ShareUnder 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...
by Vidhi Legal | Dec 3, 2021 | News
ShareDepartment 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...
by Vidhi Legal | Nov 15, 2021 | Publications
ShareWhat 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...
by Vidhi Legal | Aug 28, 2021 | Publications
ShareThe 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)....
by Vidhi Legal | Aug 26, 2021 | Publications
ShareQ. 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...
by Vidhi Legal | Aug 13, 2021 | Publications
ShareThe 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...
