Procedure of obtaining Business Visa in Nepal
Procedure of obtaining Business Visa in Nepal 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 […]
Nepal’s Labor Law Act with Current Situation and Case Laws
Nepal’s Labor Law Act with Current Situation and Case Laws Labor law is a vital component in any nation’s legal framework as it governs the relationship between employers and employees, ensuring fair working conditions, protecting worker rights, and promoting harmonious labor relations. In Nepal, the Labor Act of 2017 serves as the foundation for regulating […]
Human Trafficking Laws in Nepal
Human Trafficking Laws in Nepal In Nepal, human trafficking is considered as a major form of violence and a heinous crime. Before, human trafficking in Nepal was confined to sexual exploitation and was limited mainly to the trafficking of young girls and women to India for sexual exploitation. In today’s context, the dimension of human […]
Procedure of Foreign Direct Investment (FDI) in Nepal
Procedure of Foreign Direct Investment (FDI) in Nepal Foreign Direct Investment FDI in Nepal, governed by FITTA 2019, requires Preliminary Approval from DOI/IBN, followed by Final Approval from Nepal Rastra Bank. The following questionnaire provides a general understanding about how this process is conducted and operated in Nepal. 1.What are the laws that govern foreign […]
Foreign Currency Limits in Nepal
Foreign Currency Limits in Nepal Nepal, as a landlocked nation bordered by two economic giants, India and China, has specific monetary policies to regulate the inflow and outflow of foreign currency. These policies aim to ensure financial stability, prevent illegal activities such as money laundering, and maintain compliance with international financial norms. Among the various […]
Divorce Law Policies in Nepal
Divorce Law Policies in Nepal This article outlines the details of the divorce process in Nepal under the new divorce law. In Nepal, it is necessary for either party seeking divorce to hire a professional and highly skilled divorce lawyer. Divorce is the legal process of ending the marriage between a husband and wife. Civil Code […]
Startup Registration in Nepal
Startup Registration in Nepal 1.What is a Startup in Nepal? In Nepal, a startup is defined as an enterprise or business that is commercially operated by a firm or company undertaking innovative research and creative thinking in the development, production, operation and distribution of goods or services and processes. The Industrial Enterprise Act 2020 specifies […]
Shareholder’s Agreement in Nepal
Shareholder’s Agreement in Nepal 1.INTRODUCTION Shareholders’ agreement (can be described as an agreement between shareholders of a company on regulating their rights and duties as shareholders of a company. In most companies, the relationship of shareholders and governance issues are primarily regulated by memorandum of association (“memorandum”), articles of association (“articles”) and the Companies Act […]
Property Rights in Nepal
Property Rights in Nepal This Article discusses Nepal’s Property Law, which governs property transactions and resolves related disputes. This encompasses all aspects concerning real estate, such as property settlement, buying and selling of houses or land, contract drafting for tenants and landlords, intellectual property protection, etc. The property law provisions in Nepal are contained in […]
Marriage Procedure for Foreigners in Nepal
Marriage Procedure for Foreigners in Nepal Nepal, known for its majestic mountains, vibrant cultures, and warm hospitality, has become an attractive destination not only for tourists but also for individuals seeking to formalize their relationships through marriage. Whether foreigners wish to marry each other or marry Nepali citizens, the legal framework governing marriages in Nepal […]