Business
Companies Act 2063 with a negative list for foreign investment
Companies form under the Companies Act 2063 (2006). Foreign investment needs approval under FITTA 2075 (2019) and is barred in a negative list that includes retail, personal services and some agriculture.
Key rules
- Deadline — Annual return to the Office of the Company Registrar within the statutory period after the AGM
- Deadline — Repatriation approval from Nepal Rastra Bank before remitting dividends
Governing law
- Companies Act, 20632006
- Foreign Investment and Technology Transfer Act, 20752019
- Industrial Enterprises Act, 20762020
- Public Private Partnership and Investment Act, 2075
In practice
FITTA sets a minimum foreign investment threshold per project, revised by notification, and channels approvals through the Department of Industry or the Investment Board depending on size. Automatic-route approval was introduced for smaller investments to cut delay. Repatriation requires evidence that the investment was properly brought in and taxed, so documenting the inward remittance at the outset is critical.