Security of investment is guaranteed. Nepal has signed the Reciprocal Encouragement and protection of Investment agreements with France, Germany and the United Kingdom. Nepal is underway to conclude such agreement with a number of other countries. Double taxation agreement have been concluded with India and Norway. Quick and efficient one window services.
Technology transfer is welcomed in all types of industries.
Permission Permission is required for foreign investment and technology transfer. The Department of Industry grants permission for industries with fixed assets upto five hundreds million rupees and submits its recommendation to the Industrial Promotion Board for approval in case of the projects with excess of fixed assets mentioned above. Some Attractive Incentives Generous and attractive income tax allowances with minimusm five year tax holiday for most of the industries. No tax on dividends and export earnings. Concessional rate of tax for industries operating in less developed areas of the Kingdom.