Business Visa in Nepal

Foreign Direct Investment in Nepal : An Overview Introduction Foreign Direct Investment (FDI) refers to investment made by foreign individuals or entities in businesses operating within Nepal. The government of Nepal actively encourages foreign investment to boost economic development, transfer technology, and create employment. The legal framework supporting FDI includes various acts and regulations that outline the procedures, eligibility, and restrictions for foreign investors. Legal Framework & Approval Authorities The primary law governing foreign investment in Nepal is the Foreign Investment and Technology Transfer Act (FITTA). Other supporting laws include the Industrial Enterprises Act, Companies Act, and the Public Private Partnership and Investment Act. FDI approvals are granted based on the scale and nature of the investment: Investments below a certain threshold are approved by the Department of Industry (DOI). Larger investments, or those involving specific sector...