Introduction Taxation is a critical component of any country’s economic framework, providing the necessary resources for development and governance. Nepal’s taxation system, while evolving, is characterized by its unique structure and numerous challenges. This blog explores the various aspects of the Taxation System of Nepal, including its structure, types of taxes, challenges, and...
For foreign companies, registering a contract office in Nepal is a specific procedure that permits them to set up a project or presence in Nepal for a limited time in order to enter into a contract. Here is a step-by-step tutorial and a frequently asked questions section to help you understand this process: How to Register for a Contract Office in Nepal 1. First Preparation Project Approval: Get...
Investing in Nepal involves a structured process that aligns with the country’s legal and regulatory framework. Here’s a step-by-step guide to Foreign Direct Investment (FDI) in Nepal: Step 1: Understand Nepal’s Investment Environment Legal Framework: Familiarize yourself with the Foreign Investment and Technology Transfer Act (FITTA), 2019. Understand the regulations from the...