Business opportunity in Nepal has become underestimated for much too long. Entangled in political revolution for nearly two decades, investment in Nepal was definitely a risky proposition. However, as political agenda has now rightly shifted towards economic growth, which has a stable government constantly in place, Nepal is the perfect destination for a invest.
Achieving a GDP continuing development of 7.5% in 2017, signs of a revitalized economy are actually felt. In recent years, we have seen notable improvements from government in eliminating crippling power cuts and crafting investment friendly bills. The drastic boost in Foreign Direct Investment in Nepal is really a clear sign it is high time to capitalize inside the economic boom that is certainly here and now.
Hydropower, tourism and cement industries are thriving. The service sector and up-and-coming small to medium enterprises aren’t far behind to learn from the rapid boost in business activity within the country which continues to be parallel to rise in infrastructure. The entrepreneurial movement has gotten pace and young entrepreneurs with big visions are emerging in Nepal whose contribution is usually directly felt atlanta divorce attorneys sector. With the huge potential and inexpensive labor, the return on your investment in this unsaturated market would be over investing in any saturated market.
WHY 2018?
Political Consensus
After 2 full decades of political unrest, the Central Government formed with majority and invested in promote investment and economic activities
All political parties incorporating economic issues as major agenda
Stable province and energetic municipality focused and focused on the improvement of livelihood of men and women.
Regional Presence
Nepal recently signed a Memorandum of Understanding (MOU) for the framework agreement on China’s One Belt One Road Initiative (OBOR)
Government of Nepal Committed to further improve connectivity with both neighboring countries through road and railway
Being a Member of South Asian Free Trade Area (SAFTA) as well as the Bay of Bengal Initiative for Multi-Sectorial Technical and Economic Cooperation (BIMSTEC) Free Trade Agreement, it savors an obligation and tax-free experience
Ease of Doing Business
Nepal was ranked third after Bhutan and India among South Asian countries within the ‘Ease of Doing Business Report 2017’ with the World Bank.
Nepal has revised its law and regulation so it will be more investment friendly and it is in continuous improvement process.
100% ownership to Foreign Investors is allowed for most sectors.
Investments depending on Bilateral Investment Promotion and Protection Agreement (BIPPA) signed with Finland, India, Germany, Mauritius, Qatar, United Kingdom, and France Mean a much more friendly investment opportunity.
Double Taxation Avoidance Agreement signed with Austria, China, India, Korea, Mauritius, Norway, Pakistan, Qatar, Sri Lanka and Thailand.
Location and geographical convenience
Nepal is positioned between a couple of the world’s largest economies recognized for their highly accelerated economic growth: India and China
It has a access to the market industry of approximately 2.7 billion population.
Open border and an obligation free invest India and a requirement free usage of China for more than 8000 products.
Capable Human Resources
Government initiation to increase technical skill and competence of labor force important for rapid economic development
Out of 28 million population 61% will be the working population.
Participation of ladies population is comparatively high on the list of South Asian countries.