Corporate law in Nepal governs the formation, operation, and dissolution of companies. The main legislation is the Companies Act, 2063 (2006). It covers areas like incorporation, shareholder rights, board responsibilities, and financial reporting requirements. Companies must register with the Office of Company Registrar and comply with various regulations. The law recognizes different types of companies, including private and public limited companies. Nepal has been ranked 94 out of 190 Countries in the ease of doing business according to the latest world bank annual ratings.
Our Services
Business Incorporation
GFCS assists in business incorporation in Nepal. We provide legal services for registering with the Company Registrar’s Office, obtaining a PAN, and securing necessary licenses. We guide clients through document preparation, capital structure decisions, and shareholder agreements. The Companies Act 2063 (2006) governs incorporation procedures.
Industry Registration
Industry registration in Nepal is overseen by the Department of Industry. GFCS helps clients navigate this process, which includes obtaining an industry license, environmental clearances, and location permits. The Industrial Enterprises Act 2076 (2020) provides the legal framework for operating legally in specific industrial sectors.
Commerce Registration
Commerce registration in Nepal involves obtaining necessary permits from local authorities and relevant ministries. GFCS supports clients in registering trade names, securing business licenses, and complying with sector-specific regulations.
Foreign Direct Investment
GFCS advises on Foreign Direct Investment (FDI) in Nepal. The Foreign Investment and Technology Transfer Act 2075 (2019) governs FDI. We assist in obtaining approval from the Department of Industry, structuring investments, and complying with repatriation rules. Certain sectors have FDI restrictions.
Company Liquidation
GFCS provides guidance on company liquidation in Nepal. The process is governed by the Insolvency Act 2063 (2006) and Companies Act. It involves appointing a liquidator, settling debts, distributing assets, and filing final accounts. We assist in voluntary and involuntary liquidation.
Hydropower Projects
GFCS offers consultancy for hydropower projects in Nepal. We assist with licensing from the Department of Electricity Development, environmental impact assessments, and land acquisition processes. The Electricity Act 2049 (1992) and Water Resources Act 2049 (1992) are the important legislations.
Related Professionals
Nabaraj Regmi
Chief Executive Officer
Sagar Mahatara
Head of Corporate
Aupson Pokhrel
Head of Business & Growth
Ashmita Bogati
Legal Officer