Nepal Rastra Bank Compliance for Foreign Companies
Any Foreign Investor investing in Nepal either through Joint Venture or 100% foreign investment is required to record their equity investment (including loan) with Nepal Rastra Bank (Foreign Exchange Management Department). Please find the detailed procedure to record their equity investment with Nepal Rastra Bank: STEP 1: The concerned Company must obtain Circular 429 (a sample of which is attached herewith) from their respective Bank. STEP 2: Along with Circular 429, you will need to submit following additional documents to the Nepal Rastra Bank. STEP 3: After submission of the documents, Nepal Rastra Bank shall issue the certificate of record. The whole process shall take roughly around 7 days.
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