Taxation of the Informal Sector in Nepal
1. Introduction Nepal’s informal sector remains one of the most defining structural characteristics of its economy. It is deeply interwoven with employment generation, household subsistence, and...
Wealth Tax vs. Income Tax in Nepal
1. Introduction The public discourse on introducing a wealth tax in Nepal has grown stronger in recent years, especially as wealth concentration has increased in urban centers while revenue needs at...
Types of Shares in Nepal: Ordinary and Preference Shares Explained
1. Introduction When a company is incorporated in Nepal under the Companies Act, 2063 (2006), its capital is divided into shares, and ownership is represented through those shares. Shareholders are...
From the perspective of a tax practitioner – करमा के होला??
थोपा थोपा पानीले नै समुन्द्र बने जस्तै सकेको योगदान गरी राष्ट्र पुनर्निर्माणको महान अभियानको हिस्सा बन्ने अवसर पनि हो यो।यस सूचना प्रकाशन सगैँ हाम्रो मनमा उब्जेको प्रश्न चाँहि यस सूचनालाई कर...
Legal Procedure for Liquidation of Company in Nepal
Definition of Liquidation Liquidation is the formal process of winding down all the affairs of a company, where all assets are sold to settle debts, ultimately leading to the company’s dissolution...
Double Taxation Avoidance Agreement (DTAA) of Nepal with 11 countries
Introduction A Double Taxation Avoidance Agreement (DTAA), commonly referred to as a Tax Treaty, is a bilateral legal agreement between two countries that aims to avoid or eliminate the double...
Conversion of Private Company into Public Limited Company
Introduction Converting a private limited company into a public limited company is a crucial step for businesses aiming to expand and access a wider range of capital. This transformation, a common...
Legal Compliance for Public Limited Companies in Nepal
Introduction Legal Compliance, that is, Company compliance, is the adherence to laws, regulations, and ethical standards applicable to a business. It is always a matter of significant importance at...
Private Company Registration In Nepal- A Detailed Legal Guide.
Introduction In Nepal’s dynamic and evolving corporate sector, the private company (designated as Pvt. Ltd.) stands out as one of the most commonly used vehicles for business operations. This is...
Legal Procedures For Foreign Company’s Branch Office Registration In Nepal
Introduction In general, Branch Office in Nepal refers to the extension of a Foreign Company that represents the main or the parent company. Any Foreign Companies seeking to have its presence in...
Navigating Disputes: An Overview of Alternative Dispute Resolution in Nepal
Introduction to the concept of Alternative Dispute Resolution (ADR): Alternative Dispute Resolution (ADR) comprises a range of processes and set of practice designed to resolve conflicts outside the...
Basic Remuneration and legal framework in Nepal
What does Basic Remuneration mean? Basic remuneration refers to the salary that a worker receives for their employment. This term also encompasses any salary increments awarded after the completion...
Industrial Enterprises Act, 2076 (2020)
1. Introduction Industrial Enterprises Act, 2076 (2020) was introduced by repealing the Industrial Enterprises Act, 2016 (the “Previous Act”). The Act is a principal legislation for registration,...
How to Protect your Intellectual Property
Defending the IP Rights in Nepal Intellectual Property (IP) rights patents, industrial designs, and trademarks are among the most valuable assets of innovators and businesses. They not only...
Types of Companies in Nepal
Introduction Starting a business in Nepal is an exciting venture, but before taking the first step, it's crucial to understand the legal foundation on which your business will stand. The Companies...
