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Investor Presentaiton

Hiring Foreign Nationals ☐ Requirement of Work Permit: Every foreign nationals is required to obtain work permit to work in Nepal. □ Exception: Who has diplomatic immunity • Who is exempted from work permit under treaty or agreement with GoN ☐ Repatriation of Income: Repatriate in convertible foreign currency as per the NRB Circular (Ceiling Applies). Maximum number of foreign employees: Not exceeding 5% of the total employees in the entity. Maximum period of Work permit: 5 years for the expert and 3 years for others. PIONEER LAW ASSOCIATES

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