Nepal is close to China and India, two of Asia's largest economic markets. Nepal's geographical position gives it an advantage in trade with China and India, which has sparked interest from investors looking to expand their business into The Asian market. In addition, English is widely used in Nepal, making transactions easier to execute. Also, Nepal enjoys preferential treatment As a least developed country, Nepal is entitled to GSP and other preferential treatment from developed countries. As a MEMBER of the WTO, the LDCS also enjoy the treatment granted by the WTO. Nigeria has signed bilateral Investment Promotion and Protection Agreement (BIPPA) with 5 countries/organizations including UK, France, Germany, Mauritius and Opec Fund. It has "double taxation agreements" with 13 countries, including India, Norway, China, Pakistan, Sri Lanka, Austria, Thailand, Mauritius and South Korea.
I.List of registered materials of Nepalese companies
1. Application form for Foreign investment;
2. Two copies of investment project plan;
3. Environmental impact analysis / 2 preliminary environmental detection reports;
4. Two copies of agreement;
Copy of foreign investor's passport and relevant certificate of the company (business license, etc.);
6. Resume and company profile of foreign investor;
7. Credit materials issued by the bank;
8. Letter of Authorization from parent company.
II. Registration process of Nepalese companies
Company name search -- sign entrustment agreement -- pay advance payment -- make registration documents -- declare documents -- complete company registration -- customers will pay the balance after receiving the scanned copy of registration documents -- get registration materials to do business in Nepal, need to register at tax bureau. The Tax Bureau will give an enterprise a permanent account (
PAN). Businesses with an annual turnover of more than 5 million yuan need to register for value-added tax (VAT).
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