Taxation for NRNs in Nepal
Introduction to Tax for NRNs Non-Resident Nepalis (NRNs) have specific tax obligations in Nepal that differ from those of resident Nepalis. The Income Tax Act 2002 (ITA) governs the taxation of NRNs in Nepal. According to Section 2(ao) of the ITA, an NRN is defined as a person who is not a resident of Nepal. […]
Customs Duty and Taxes in Nepal
Introduction to Customs Duty and Taxes in Nepal Customs duty and taxes are essential components of Nepal’s fiscal policy and international trade regulations. These levies are imposed on goods imported into or exported from Nepal, serving multiple purposes including revenue generation, protection of domestic industries, and regulation of trade flows. In Nepal, the Department of […]
Corporate Tax Planning in Nepal
Introduction to Corporate Tax Planning Corporate tax planning is a strategic approach used by businesses in Nepal to manage their tax liabilities efficiently while complying with applicable laws and regulations. It involves analyzing a company’s financial position, identifying tax-saving opportunities, and implementing strategies to minimize tax burdens legally. In Nepal, corporate tax planning is governed […]