arjunbhattarai 
In a move that signals a major shift in Nepal’s corporate landscape, the Office of the Registrar of Companies (OCR) has announced the implementation of a mandatory digital signature system for corporate services. This initiative, spearheaded by the Government of Nepal’s Ministry of Industry, Commerce and Supply, aims to modernize business processes and enhance transparency. … Read more
The Government of Nepal has announced a significant update regarding the registration and renewal of companies. As per the provisions published in the Nepal Gazette on 2081.03.10, it is now mandatory to submit a National Identity Card (राष्ट्रिय परिचयपत्र) or Identity Card number for these processes. Key Details: This update applies to all concerned stakeholders, … Read more
Kathmandu, July 22, 2024 — The Government of Nepal has announced significant updates to the Value Added Tax (VAT) regulations with the publication of the Forty sixth Amendment to the VAT Rules, 2081, in the Nepal Gazette. The amendment introduces revisions to Schedule5, Schedule5A, and Schedule6, which pertain to the formats for tax invoices and … Read more
The Ministry of Communication and Information Technology has recently unveiled a draft of the Bill on Information Technology and Cybersecurity, shedding light on regulations concerning outsourcing within industrial business operations. According to the proposed provision, both individuals and companies engaging in outsourcing activities are required to register their businesses in accordance with existing laws. Outlined … Read more
Starting the adventure of working for yourself can sometimes be tricky, especially when it comes to selling what you offer. Many people find it a bit challenging. That’s why this guide is here! It’s made for those who are just beginning their journey in self-employment. Inside, you’ll find helpful advice on how to handle the … Read more
When you start a new business, you face challenges. Having few customers and limited money can make small businesses wait to make a logo and good marketing stuff. Some people try to make their own marketing things when they start a business, like their first business card. Others ask a friend or family member to … Read more
In the bustling world of Nepal’s businesses, getting noticed is crucial. To empower entrepreneurs and small business owners in Nepal, we unveil seven straightforward yet powerful strategies that can elevate your business to new heights. From the simplicity of business cards to the warmth of personalized visuals, these techniques are tailored for local success. Let’s … Read more
Consultants and employees play distinct roles in the working world, each with its own set of characteristics. Here’s a breakdown of the key differences between a (independent) consultant and an employee: Relationship between Parties Consultant: Independent contractors, consultants engage in contractual arrangements devoid of employer-employee ties. This autonomy allows them flexibility in selecting projects and … Read more
NGOs are registered at District Administration Office while NFPs are registered at OCR. Both need to register at the Tax office (IRD) after registering at the above-mentioned offices. Here is a breakdown of the differences between Non-Government Organizations (NGOs) and Not-for-Profit (NFP) Companies: Relevant Laws: NGOs are registered under the Association Registration Act, 2034. NFP … Read more
Getting a Personal Permanent Account Number (व्यक्तिगत स्थायी लेखा नम्बर) is important for tax return and other purposes. It’s something people from Nepal and other countries need to get if they have business, firm or are salaried in Nepal. This comprehensive guide will help you understand how to apply and get a P-PAN card in … Read more
