arjunbhattarai 
[Scenerio] We are a group of software developers (there are Nepali citizens in the team too). In order to publish apps in the Apple Store, Play store and similar platforms, we need to have some legal entity. So we would like to register in Nepal a private limited company (IT Firm). The company is needed … Read more
Accounting and finance play an important role in the management of any business. Be it small family-owned business or a multinational company, proper management and tracking of money are one of the most important things to do for sustainability. Business is operated on money so it is very important to control money in order to … Read more
What is eCommerce? Simpy, eCommerce means commercial transactions conducted electronically on the Internet. This means buying and selling things over the internet and carrying the transactions for those sales and purchase over the internet as well. eCommerce simply means doings purchase or sastuffs over the internet. What is the current scenario of eCommerce business in … Read more
Limited Liability The Company exists as a separate legal entity as from its members. The liability of the company is different as from its members of a company. Limited liability is where a person’s financial liability is limited to a fixed sum, most commonly the value of a person’s investment in a company or partnership. … Read more
Procedures to change the company name in Nepal Any Company can change their name after completing certain procedures. To change the name of a company in Nepal, the board meeting must pass a resolution to change the name. After the special shareholder’s meeting, you should submit the documents along with the minutes of meetings to … Read more
Nepal’s tourism industry is booming. Every year, hundreds of thousands of people come to trek the Himalayas, explore ancient temples, and experience Nepali culture. For entrepreneurs, this presents a real opportunity—but starting a travel or trekking business requires more than just a love of adventure. You need proper licensing, capital, and a clear business plan. … Read more
If you’re interested in accounting, you’re no doubt interested in having the letters ACCA on your CV. The road to attaining them can be lengthy, but one that is worth the journey. The minimum amount of time required to pass the ACCA exams – excluding the required work experience – is three years. But as … Read more
The elements of an accounting system are designed to control the financial transactions of your company and will change as the organization changes. For any system to be useful, it must be simple and easy to use. The basics of this system are simple and can be accomplished in a few minutes each day. Let’s … Read more
Accounting: An Introduction Accounting is a language of numbers. The process of accounting attempts to explain each business transaction using a common measurement – Rupees. When you put a rupee value on each transaction, you can compare diverse business activities such as advertising, banking and inventory purchases. This gives you information about what happened in … Read more
The rate of VAT levied at 13% on goods and services remains unchanged from the previous year. VAT on exports of goods shall attract a rate of ‘zero’ per cent. The industries most affected by COVID-19 will be permitted to submit tax returns on a trimester basis to Inland revenue department. Major changes in VAT … Read more
