4 June, 2023, Sunday
The Government of Nepal has
set up a One Stop Service Center (OSSC) as envisioned by Industrial Enterprise
Act and Foreign Investment and Technology Transfer Act to provide all investment
related services from a single point for the convenience of the investors. All
the services required by foreign investors including registration of
industries, renewal, and exit, among others, are provided from a single building.
Along with facilitating services,
facilities, exemptions, and concessions, the OSSC also assists industries,
entrepreneurs, and investors to obtain electricity, water, land, and other
infrastructures required for establishment.
The OSSC is located within
the premises of the DoI, Tripureswor, Kathmandu. It provides all services
related to the approval of foreign investment not exceeding NRs. 6 billion;
visa recommendations for foreign investors, their authorized representatives,
and foreign experts; and foreign currency exchange facilities. The DoI
also provides approval of Initial
Environmental Examination (IEE) reports required for setting up industries.