Nepal - Establishing an OfficeNepal - Establishing an Office
The Company Act of 2006 requires foreign firms seeking to do business in Nepal to register by submitting the following documents:
a) A notarized copy or translation in Nepali or English of the law or license under which the company was incorporated and established;
b) A notarized Nepali version of the memorandum and articles of the company;
c) The complete address of the head office of the company;
d) A list of the directors, managing agents, manager, secretary, etc. of the company along with their names, positions, contact details, and shareholdings, if any;
e) The name and address of the resident representative(s) in Nepal empowered to accept on the company’s behalf official documents; and
f) The proposed location where business will be, or is being, conducted in Nepal and the full address of the company's office.
One hundred percent foreign ownership is allowed in most sectors in Nepal. The recently passed Foreign Investment and Technology Transfer Act (FITTA) slightly reduces the number of restricted sectors for foreign investment to nine sectors, all listed in the annex of the FITTA. For example, sectors excluded from foreign investment include primary agriculture, real estate, and tourism related services are sectors with restrictions on foreign investment.