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Succession Planning for Family-Owned Businesses: Challenges, Opportunities, and Strategies

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Family-owned businesses are the backbone of the global economy, contributing significantly to employment, innovation, and community development. However, one of the most critical challenges these businesses face is succession planning—the process of transitioning leadership and ownership to the next generation. Succession planning is not merely a logistical or financial exercise; it is a complex interplay … Read more

Promising business opportunities in Nepal, if you have a lot of money to invest

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Nepal, a country rich in culture, natural beauty, and potential, has numerous business opportunities waiting to be explored. If money were not a problem, entrepreneurs could focus on innovative and meaningful business ventures that could contribute to the economy and improve people’s lives. Based on various discussions, here are some of the most promising business … Read more

Fines Waived for Company Closure, Registration of Companies Made Easier in Nepal

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The government of Nepal has introduced a new rule to make it simpler for businesses to operate. This new rule cancels the fines that companies had to pay when they wanted to close their business. Previously, businesses faced penalties if they decided to stop operations, making it harder for them to shut down. Now, the … Read more

Challenges of Operating a Business in Nepal

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Nepal, a beautiful country nestled in the Himalayas, is known for its rich culture, breathtaking landscapes, and hospitable people. However, behind its scenic beauty lies a challenging environment for businesses. Entrepreneurs and business owners in Nepal face numerous hurdles that make running and growing a business a difficult task. This article explores these challenges in … Read more

Freelancer Taxes in Nepal: Understanding the 5% Tax, PAN Registration, and Tax Clearance

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More and more people in Nepal are becoming freelancers. They work for companies in other countries, doing jobs like writing, making websites, or giving advice. This way of working is good for both the freelancers and the foreign companies.  Budget 2082/83 Update: The 5% income tax for freelancers who provide services to foreigners is Final … Read more

OCR Mandates Digital Signatures to Companies: Progress or Hurdle for Nepal’s Businesses?

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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

Company Registration Compulsory for Outsourcing or Freelancing in Nepal

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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

Supercharge Your Business in Nepal: 7 Easy Steps for More Customers and Sales

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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

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