S & F CONSULTING FIRM LIMITED is an international business consultancy firm. It offers lower cost & high quality service for the clients.
Contact information:
Kathmandu, Nepal
Bangladesh
Email: contact@sfconsultingbd.com
Mobile: +880 01790220729 or, +880 01790220728
Corporate Office, Dhaka, Bangladesh
Service area:
- Foreign Company registration (Branch/ Liason/Virtual office, Joint Venture company, 100% owned share company)
- Legal issue
- Income Tax
- Accounts Audit
- Company Secretarial
We are all Countries of Asia
Cambodia, China, Georgia, Hong Kong, India, Indonesia, Iran, Iraq, Israel, Japan, Jordan, Kazakhstan, Korea, North, Korea, South, Kuwait, Kyrgyzstan, Laos, Lebanon, Malaysia, Maldives, Mongolia, Myanmar, Nepal, Oman, Pakistan, Philippines, Qatar, Russia, Saudi Arabia, Singapore, Sri Lanka, Syria, Taiwan, Tajikistan, Thailand, Turkey, Turkmenistan, United Arab Emirates, Uzbekistan, Vietnam, Yemen
Foreign investors are permitted to own up to 100% equity share in any industries except the following:
1. Cottage industries (except industries using electricity more than 5 kW)
2. Personal service businesses (e.g. hair cutting, beauty slaon, tailoring, driving training, etc.)
3. Arms and ammunition industries
4. Gunpowder and explosives
5. Industries related to radio-active materials
6. Real estate business (excluding construction industries)
7. Film industries (national languages and other recognized languages of Nepal)
8. Security printing
9. Bank notes and coins
10. Retail business (excluding international chain retail businesses with business in at least two countries)
11. Tobacco (excluding more than 90% exportable)
12. Internal courier service
13. Atomic energy
14. Poultry
15. Fisheries
16. Bee keeping
17. Consultancy services (e.g. management, accounting, engineering, legal services); (Maximum of 51% FI is allowed)
18. Processing of food grains on rent
19. Local catering Services
20. Rural tourism
Entry Conditions on Investment
FITTA 1992 allows foreigners to invest only in private limited companies and in public limited companies registered with the Company Register Office (CRO). They are not allowed to invest in proprietorship or partnership firms.
"Private Limited Company" means a company which by its articles:
1. Limits the number of its shareholders from 1 to 50, excluding persons who are in the employment of the company, and
2. Prohibits any invitation to the public to subscribe in its shares.
"Public Limited Company" means a company that:
1. Has a minimum number of 7 shareholders (there is no maximum limit), and
2. Offers shares and debentures to the public through a prospectus which complies with the requirements of the Companies Act 2006 and Securities Act 2007.
Deposits and Fees
The fees need to be deposited at the time of Foreign Investment Approval, and are refundable after the operation of industry.
(Amount in Nepalese Rupees)
Range of Fixed Asset
|
Deposit
|
Fixed assets less than or equal to 2,500,000
|
4,000
|
2,500,000 less than (Fixed assets) less than or equal to 5,000,000
|
7,000
|
5,000,000 less than (Fixed assets) less than or equal to 10,000,000
|
10,000
|
10,000,000 less than Fixed assets
|
20,000
|
The amount shall be deposited at the Nepal Rastra Bank Account number SA.A. 131232
The non-refundable fees for the Company Registration:
Range of Authorized Capital
|
Fee
|
500,000 less than (Authorized Capital) less than or equal to 2,500,000
|
9,500
|
2,500,000 less than (Authorized Capital) less than or equal to 10,000,000
|
16,000
|
10,000,000 less than (Authorized Capital) less than or equal to 20,000,000
|
19,000
|
Similarly, an additional fee will be calculated at the rate of NPR 30 per NPR 100,000 of authorized capital.
Email: contact@sfconsultingbd.com
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