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Nepal’s government has made a significant change to its business laws through a new ordinance, marking a turning point for startup companies in the country. The new law allows companies to give up to 40% of their shares to people who contribute ideas, expertise, or help build the company’s reputation – a concept known as … Read more
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
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
When starting an online business, choosing the right platform to sell your products is a big decision. Should you begin with Instagram, where you can directly interact with customers and build your brand, or use Daraz, a large marketplace that can make your business appear more trustworthy? Let’s explore the pros and cons of selling … Read more
Social media has become an essential tool for businesses to connect with customers, promote their brands, and grow their influence. However, many businesses struggle to use social media effectively. This article explores common mistakes businesses make on social media and provides tips to avoid them. Whether you are just starting out or looking to improve … Read more
Nepal’s banking sector is on the brink of a transformative shift, driven by a series of robust regulatory measures introduced by the Nepal Rastra Bank (NRB). These reforms are meticulously designed to enhance transparency, eliminate conflicts of interest, and foster a culture of accountability within financial institutions. This comprehensive overhaul marks a significant milestone in … Read more
In Nepal’s evolving job market, understanding your paycheck is crucial for financial planning and ensuring fair compensation. Many employees find themselves puzzled by the gap between their agreed-upon salary and the amount that actually reaches their bank accounts. This comprehensive guide aims to demystify salary deductions in Nepal, exploring the legal framework, common practices, and … 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
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
