Doing Business in Nepal
FI in Nepal
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The law relating to Foreign Investment ('FI') in Nepal has recently been amended by the
promulgation of Foreign Investment and Technology Transfer Act ('FITTA'), 2075 (2019), which
has replaced the erstwhile FITTA, 2049 (1992).
It has been introduced with an intention to provide a boost to the FI environment in Nepal through
stream-lined and simplified procedures and clarity in law.
FI includes the investments by a foreign investor in Nepal,
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through shares in foreign currency,
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reinvestment of earnings,
lease financing of specified equipment (up to prescribed threshold),
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investment in venture capital funds (VCFs) by institutional foreign investors,
.
investment in listed securities through secondary market by VCFs,
.
acquisition of shares/assets of existing companies,
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issuance of securities in foreign capital market,
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investment made through technology & know-how transfer agreement (with cap on royalty)
Doing Business in Nepal
PwC
May 2019
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