When running a business, whether you’re a small startup or an established enterprise, understanding the different types of invoices and receipts is crucial for proper financial management, tax compliance, and maintaining healthy business relationships. This comprehensive guide explains the key differences between PAN bills, VAT bills, proforma invoices, estimated bills, and cash receipts—essential documents every … Read more
When you want to start a business in Nepal, one of the first decisions you need to make is choosing the right business structure. The structure you pick will affect how you pay taxes, how much paperwork you need to do, and how much personal risk you take. This guide will help you understand each … Read more
A Tax Plate (Kar Pati) is an official signboard that identifies taxpayers based on their VAT registration status. It helps the government, customers, and other stakeholders recognize whether a taxpayer is: The system ensures transparency in business transactions by classifying taxpayers according to the nature of their business and their tax obligations. Types of Tax … Read more
If you’re a business owner in Nepal, you’ve probably asked yourself: “Do I need to renew my company every year?” This is one of the most common confusions among company owners, especially new entrepreneurs. The short answer is — no, companies in Nepal do not need to be “renewed” annually in the traditional sense. However, … Read more
The Government of Nepal, through amendments to the Companies Act, 2063, introduced via the Ordinance to Amend Certain Nepal Acts Relating to Economic and Business Environment Improvement and Investment Promotion, has streamlined processes to facilitate businesses and investors. Published in the Nepal Gazette (Part 2, Section 74, Supplementary Issue 48), these amendments include provisions for … Read more
As Nepal’s economy evolves and integrates into the global marketplace, businesses across the country are increasingly turning to international talent to fill critical roles. From cutting-edge tech startups to sprawling infrastructure projects, the demand for specialized skills, international experience, and strategic leadership often outpaces the supply of local expertise. While Nepal has made strides in … Read more
Meeting minutes are an essential part of corporate governance and effective business communication. They serve as a formal record of what was discussed, decided, and assigned during a meeting. Well-written minutes ensure that all participants and absentees have a clear understanding of the meeting’s outcomes and next steps. This article will delve into the importance … Read more
In a significant move towards digital transformation, the Office of the Registrar of Companies in Nepal has fully implemented all modules of the Company Administration Management Information System (CAMIS) as of Falgun 19, 2081 (according to the Nepali calendar). This development marks a pivotal shift in how companies are incorporated, operated, and administered in Nepal. … Read more
In today’s volatile economic landscape, businesses of all sizes face the risk of closure due to factors such as economic downturns, increased competition, operational inefficiencies, and unforeseen crises like the COVID-19 pandemic. According to the U.S. Bureau of Labor Statistics, approximately 20% of small businesses fail within their first year, and nearly 50% close their … Read more
Mergers and Acquisitions (M&A) are pivotal strategies for companies aiming to achieve growth, diversify their operations, or gain a competitive edge in the market. The M&A process is complex, involving multiple stages from identifying potential buyers or targets to negotiating deals, structuring transactions, and managing post-merger integration. This article provides a comprehensive exploration of these … Read more
