Foreign Investment and Technology Transfer Section

Functions and Services

• Approval of Foreign Investment
  

  • Documents Required

    ---

    • Application form for foreign investment- “A”
    • Project report, Investment Plan, Action Plan
    • Joint venture agreement (in case of more than one investor or company)
    • Copy of passport and bio-data, if participant is a foreign national
    • Copy of company registration certificate and company profile, if participant is a company
    • Copy of Nepalese citizenship, if participant is local
    • Minute of the Board meeting of the recipient company
    • Certified copy of power of attorney
    • Financial credibility certificate of the foreign investor provided by a bank
    • Recommendation from other authorities, where applicable
• Foreign Investment in an Exsting Industry by Share Transfer
  

  • Documents Required

    ---

    • Application form
    • Investment Plan, Action Plan
    • Certified copy of industry registration certificate
    • Request from the share transferor
    • Request from the share transferee
    • Copy of minute of the board meeting of both Nepalese and foreign company
    • Share transfer agreement
    • Copy of passport and bio-data of foreign party, if party is individual
    • Copy of certificate of incorporation and company profile of the foreign party, if the party is a company
    • Authority letter(s) from the companies concerned to sign on behalf of the companies
    • Financial credibility certificate of the foreign investor provided by a bank
    • Current shareholders’ list as certified by the Company Registrar’s Office or by the company itself
• Loan Investment in an Existing Nepalese Industry
  

  • Documents Required

    ---

    • Loan Agreement
    • Certificate of Incorporation, including Memorandum of Association and Articles of Association of the lending agency
    • Company profile of the lending agency
    • Industry registration certificate
    • Copy of the minute of the Board of the recipient company regarding the loan to be acquired
    • Authority letter from the concerned companies or individuals to carry out any necessary work on their behalf, if applicable
• Foreign Investment Technology Transfer
  

  • Documents Required

    ---

    • Technology Transfer Agreement (TTA)
    • Citizenship certificate of local party or Certificate of Incorporation including Memorandum of Association and Articles of Association, if local party is a company
    • Copy of passport of foreign party/or Certificate of Incorporation, including Memorandum of Association and Articles of Association, if the party is a company
    • Bio-data / Company profile of the foreign party
    • Industry registration certificate
    • Copy of the minute of the Board of the recipient company
    • Authority letter from the concerned companies or individuals to carry out any necessary work on their behalf, if applicable
• Business Visa
  

  • Documents Required

    ---

    • Application form
    • Copy of industry registration certificate
    • Proof showing investment made in the industry
    • Copy of the passport with last visa
    • Progress report of the industry including current status
    • Contact address and telephone number of the investor
    • Foreign investment approval letter for the first time application*
    • Certificate of relationship with the dependents*
    • In case of an authorized representative, a letter authorizing representation for the foreign investor and copy of passport. Verification is required.*
• Non Tourist Visa for Carrying out Feasibility Study
  

  • Documents Required

    ---

    • Application form (as per annex)
    • Brief description of the proposed project in which research and study will be undertaken
    • Copy of the citizenship certificate of the Nepalese investor, if the proposed industry is going to be established as a joint venture
    • Bio-data of the applicant
    • Copy of the passport with the last visa
• Non Tourist Visa for Expatriates (Labour Approval)
  

  • Documents Required

    ---

    • Application form (by the concerned industry)
    • Copy of the agreement between the industry and expatriate
    • Progress report of the industry
    • Bio data of the expatriate personnel (mainly describing the experience in the related industry) and academic certificates
    • Copy of the passport of the expatriate with last visa
    • Name list of Nepalese workers who will be trained from the expatriate
    • Copy of industry registration certificate
    • Copy of vacancy announcement advertised in national daily
    • Tax clearance, Audit report of the company*
• Repatriation
  

  • Documents Required

    ---

    • Application form (by the concerned industry)
    • Decision of Board of Directors
    • Approved Share Purchase Agreement for shares sold OR Decision of AGM of Shareholders for the divident OR Approved Loan Agreement OR Approved Technology Transfer Agreement.
    • Shareholder's Book endorsed by Office of the Company Registrar
    • Proof of Investment through banking channel
    • Audit Report
    • Tax Clearence Certificate