CHAPTER 16
PROVISIONS
RELATING TO FOREIGN COMPANIES
(1) No
foreign company shall carry on any business or transaction in the Nepal without
having a branch office of such company registered with the office of such
company registered with the office pursuant to this Section or establishes such
office without having a liaison office registered.
Provided, however, that ….Read More….
(1) A foreign
company which makes an application for its registration or for the
establishment of its liaison office pursuant to Section 154 shall submit to the
Office the following details, along with the application:
- (a) Permission obtained by the foreign company from the competent authority to ….Read More….
(1) Every
foreign company registered pursuant to Section 154 shall prepare an annual
financial statement, along with the balance sheet and profit and loss account,
in such a manner as to reflect the real situation of its transaction in Nepal,
get it ….Read More….
(1) A foreign
company to be registered pursuant to Section 154 shall submit office copy of a
power of attorney executed in the specified format in accordance with the legal
requirements of the country where the company has been incorporated ….Read More….
(1) Where a
foreign company registered pursuant to Section 54 wishes to close down the
transaction which it is carrying on in Nepal and get its registration canceled
or where the competent authority, acting in accordance with the prevailing law,
prohibits ….Read More….
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