1.Background

In today’s increasingly globalized economy, Nepal’s engagement with international investors and professionals is more vital than ever. Facilitating legal entry and business operations through proper visa channels not only ensures regulatory compliance but also strengthens Nepal’s connectivity with the global business community driving innovation, growth, and sustainable development

If a foreign individual or a corporate entity from a foreign jurisdiction intends to invest in Nepal, it is mandatory for such individuals or their authorized representatives to obtain a business visa. This visa is essential not only for their legal stay in the country but also for conducting business operations in accordance with Nepalese law. Likewise, any foreign national intending to engage in employment must obtain either a business visa or a work permit.

It is issued for foreign investors, businesspersons, and authorized representatives and requires an eligibility such as investment approval or company registration in Nepal. It can be issued for up to 5 years

2.Law governing business visa in Nepal

The following laws are the primary legislation that govern the business visa in Nepal:
a) Immigration Act, 1992 (2049) (“Immigration Act”),
b) Immigration Rules, 1994 (2051) (“Immigration Rules”) and
c) Foreign Investment and Technology Transfer Act, 2019 (2075) (“FITTA”).

However, Indian citizens do not need a visa to enter or live in Nepal. Under the Indo-Nepal Treaty of 1950, they can travel freely using either an Indian passport or a Voter ID card. However, all other foreign nationals must get a visa. Most can apply for a Tourist Visa in advance through Nepalese embassies or get one on arrival at Tribhuvan International Airport or designated land border crossings.

3.Eligibility for Obtaining Business visa in Nepal

The following people are eligible for obtaining a business visa in Nepal:

a) Foreigners who have obtained permission to make any investment in any trade or industry in Nepal or a permitted representative of such trade.

b) Foreigners who have obtained permission to make an investment in order to carry on export trade from Nepal.

c) Foreigners who come to Nepal from third countries and who buy and export goods manufactured in Nepal or make a purchase order for exports.

4.Step-by-Step Process to Obtain a Business Visa

Step 1. Obtain a Recommendation Letter from the Department of Industry (DOI) or Relevant Government Authority

The process begins by applying to the DOI or the respective line ministry based on the nature of the business. The applicant must submit key documents including:

• Company registration certificate
• Investment details
• Business proposal

This step confirms the legitimacy of the business and the applicant’s intentions in Nepal. The recommendation letter issued serves as a formal endorsement required to apply for the business visa.

Step2: Site Inspection by the DOI

Before the recommendation is granted, the DOI may conduct an inspection of the business site. This includes:

• Verifying investment and financial records
• Checking business operations
• Ensuring compliance with laws and investment policies

The inspection confirms that the business is either operational or in the process of being established and aligns with Nepal’s foreign investment guidelines.

Step 3:  Business Visa Issuance by the Department of Immigration

After receiving the recommendation, the applicant must apply to the Department of Immigration with:

• The recommendation letter
• Passport
• Completed visa application form
• Other required documents

The Department reviews the application and, upon successful verification, issues the business visa, granting the right to legally reside and conduct business in Nepal.

5.Required Documents for Business Visa Application

• Recommendation letter from the DOI or relevant government agency
• Industry registration certificate
• Personal bio-data/resume (for first-time applicants)
• Foreign investment approval letter
• Proof of foreign investment in the company
• Applicant’s passport copy
• Company’s PAN/VAT registration certificate
• Latest tax clearance certificate
• Company registration documents (Memorandum and Articles of Association)
• Bank statement showing an active company account
• Audit reports, balance sheet, or progress documentation
• Certified shareholder register from the Company Registrar’s Office
• Monitoring and supervision report from DOI or relevant agency
• Latest company progress report

6.Visa Fees Based on Investment Amount

Note: These fees apply to both investors and their dependents.

7.Conclusion

The business visa framework in Nepal serves as a vital link to the global economy, offering international investors a clear, legally sound path to operate within the country. By streamlining the visa process and ensuring regulatory oversight through inspections and documentation, Nepal not only welcomes foreign capital but also promotes sustainable and transparent business practices. This approach strengthens Nepal’s position in the global investment landscape, encouraging long-term industrial partnerships and economic growth.