What does a company liquidation imply? When a company goes into liquidation, its assets, such as assets and securities, are “liquidated,” or turned into cash for reimbursement to the company’s creditors in order of priority. As a result of the liquidation, your company is removed from the register at the Office of the Company Registrar …
NGOs are required to register with the District Administration Office (“DAO”) of the district in which they intend to operate. Following completion of registration at the DAO, tax registration at the Inland Revenue Department is required. You can obtain an affiliation certificate from the Social Welfare Council after registering with the DAO. 1. What are …
1. What is Foreign Direct Investment (FDI)? Foreign Direct Investment (FDI) refers to foreign investors’ investments in a company or industry. Foreign investors are permitted to profit from their investments in FDI. Foreign direct investment-related legal provisions have been enshrined in Nepal’s Foreign Investment and Technology Transfer Act 2019, (FITTA). Direct investments can be made …
The construction of hydropower plants is a highly specialized activity that requires knowledge of numerous disciplines, including geology, hydrology, geotechnical engineering, structural engineering, and others. A hydroelectric project requires several processes from conception to completion. The licensing and permitting process, as well as engineering, contracting, and owner considerations, are all part of the procedure. In …
The United States is an ideal dream destination for Nepalis. Many Nepalis travel to the United States for vacation or to visit family and friends who live there. In the United States, there are two kinds of visas: immigrant and nonimmigrant. Foreign nationals who intend to live permanently in the United States are granted immigrant …