Documents required for Company Incorporation.
Copy of the permission for foreign investment issued by DOI, Copy of Citizenship Certificate of Nepalese promoters, Copy of the passport of foreign promoter(s), If the foreign party is a company, copy of minute of the Board of Directors, Two copies of company’s proposed Articles of Association (AoA) AND Memorandum…
Fee Deposits and Documents Required for Foreign Direct Investment (FDI)
The Foreign Investment in Nepal are regulated and administered by Foreign Investment and Technology Transfer Act (FITTA) 2019 and Industrial Enterprises Act (IEA) 2020. The Department of Industries (DOI) is the sole agency for administration and implementation of Foreign Investment & Technology Transfer Act in Nepal. Fee Deposits: The refundable…
Features of FITTA 2019(2075)
Features of Foreign Investment Technology Transfer Act 2075 (FITTA) The FITTA 2075 came into existence replacing the FITTA 1992 which was very short i.e. it only contained 10 articles. The FITTA 2075 came into effect from 13th of Chaitra 2075. The act was implemented with the focus of reforming the…