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Corporate Tax Rates in Nepal

Corporate tax rates in Nepal vary based on the type of business entity, generally falling within the range of 25% to 30%. The standard tax rate applicable to most entities is 25%. S.N.CompaniesCorporate Tax Rates 1. Life Insurance Companies25% 2.Banks, financial institutions, general insurance companies, and businesses engaged in the petroleum sector30% 3.Certain…

Minimum Salary of Nepal

The Ministry of Labour, Employment and Social Security of the Government of Nepal has issued a notification in the Nepal Gazette, dated 17 August 2023, announcing an increase in the minimum wage for workers. The updated minimum wage, now set at NPR 17,300, is detailed in the official notification. S.N.Minimum…

An Act to amend some acts for Investment Facilitation, 2081

Amended Acts: Industrial Enterprises Act, 2076  Foreign Investment and Technology and Transfer Act, 2075 Special Economic Zone Act, 2073 Land Reform Act, 2021 Land Acquisition Act, 2034 Forest Act, 2074 National Park and Wildlife Reserve Act, 2029 Public-Private Partnership Investment Act, 2075 1. FITTA Act, 2075 (New Provision added) Non-resident…

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