A cooperative is a financial organization formed for the benefit of its members. On October 18, 2017, Nepal passed the new cooperative act 2017. (2074). Individuals can establish themselves in 3 ways under the new cooperative legislation of 2017 (2074): Single-purpose cooperative organization Multifunctional cooperative organization Labor cooperative organization 1. Single-purpose cooperative organization Cooperatives with a …
Before learning how to register a school in Nepal, it is important to understand the various types of schools that exist in Nepal. School particularly in Nepal The Nepali Education Act of 1962 distinguished between public and private schools. In response to the country’s needs, on September 9, 1971, a new Education Act was gradually …
Like banks, in order to set up a hire purchase company it must be approved from the Nepal Rastra Bank.The Nepal Rastra Bank grants permission to set up a hire purchase company after the requirement is fulfilled. It should be renewed time and again in accordance with law. After the hire purchase company is established, …
Property law is practiced in Nepal in a variety of ways. We have peculiar practices such as corporate property, guthi, kipat, and many other land systems that are unique to the world. Property law grants the property owner plenty of rights. It includes the right of possession, which allows you to live on the property. …
The practice of obtaining a Nepal Standard Certification (NS) Certificate is becoming more common among Nepalese businesses that provide various industry-related services. It is a certified mark that ensures the quality and safety of industrial and consumer goods. It is a well-known and respected certification mark in Nepal that verifies the quality of an industrial …