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…
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…
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…
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…
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…
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…
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…
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…
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)…
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…
Contribution-based Social Security Act, 2017 was enacted on 29 Shrawan, 2074 (13 August 2017) and has been enforced since the 91st day of the enactment. The notice for enrolling with…
Nepal Rastra Bank, the central bank of Nepal (“NRB”) enacted “Foreign Investment and Foreign Loan management By-Law” (“By-Law”) on 8 June 2021 (25 Jestha 2078) pursuant to Foreign Exchange Regulation…
