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Asia

Hydropower, tourism, and aid sector operators, Nepal

Hydropower projects benefit from a 20 percent CIT rate and a ten year tax holiday on commercial generation. Tourism operators and INGO contractors find a mature compliance ecosystem at IRD and the Department of Industry.

20% CIT hydropower10 yr tax holidayINGO friendly
Start setup {placement} 4 min · no card required
Corp tax
25%
Fastest setup
4 weeks
Tax treaties
11
Region
Asia

What you'll need

  • No resident director required
  • Local registered office required
  • Economic-substance test applies
  • Minimum capital: NPR 1
  • Administrative language: Nepali and English
  • Legal system: Civil law

Tax and treaty profile

  • Corporate tax 25%
  • Effective rate ~26%
  • Tax treaties 11
  • VAT rate 13%
  • Withholding on dividends 5%
Key treaty partners
IndiaChinaNorwaySri LankaSouth KoreaPakistan

Banking and payments

  • Banking takes 2 to 4 weeks with KYC
  • Stripe not supported

Considerations

If you need Stripe billing or US VC capital

Stripe, Wise, and Mercury do not support NPR business accounts. NRB controls FX repatriation. For global card acquiring and US VC, incorporate the billing entity in Delaware or Singapore and operate Nepal as a subsidiary.

No Stripe NPRNRB FX controlsFATF grey list