Copyright © 2023 Prime Law Nepal. All Right Reserved.
Disclaimer | Privacy Policy | Best Law Firm in Nepal | Lawyers in Nepal
Powered By:Weblink Nepal
Lease Contract law in Nepal Lease Contract If a contract is concluded under which a person gives any goods in which he or shehas right and possession to another person for use and possessionand enjoy the benefits accrued therefrom in consideration for a rentpayable regularly for a certain period.In Nepal, the legal framework governing lease contracts is referred to as the "Muluki Civil Code 2074," which provides the guidelines for lease contracts in the country. The lessor must guarantee the lessee regarding the followingconcerns: To transfer certain goods for use and possession according to the contract, To maintain the goods transferred pursuant to clause...
Read MoreLegal due diligence is a systematic and thorough examination and assessment of the legal aspects and potential risks associated with a business, company, or specific transaction. It is typically performed by legal professionals, along with subject matter experts, on behalf of a prospective buyer, investor, or any party considering a merger, acquisition, or other business arrangement. The main objective of legal due diligence is to identify and evaluate potential legal risks, liabilities, and obligations that may impact the target entity. This process involves reviewing a wide range of legal documents, contracts, agreements, financial records, and other relevant materials to gain an...
Read MoreNepal's aviation sector has emerged as an essential element of its economy, linking remote areas, facilitating tourism, and enhancing trade. This rapidly evolving industry plays a pivotal role in the nation's growth, given its landlocked geography and challenging terrain. The sector's remarkable expansion is powered by growing tourist interest in Nepal's natural beauty, leading to increased connectivity by domestic and international airlines. This surge in connections has not only elevated tourism but also contributed significantly to trade and overall economic progress. Getting approval from the Nepal Investment Promotion Board marks the initial stage of drawing foreign investment into Nepal's aviation sector,...
Read MoreIntroduction to Copyright Law in Nepal Copyright is a legal right granted to the creator of an original work, giving them exclusive control over its distribution and use. In Nepal, the Copyright Act of 2059 B.S. defines a "Copyright Work" as any original and intellectual work in literature, art, science, or any other field. The author of such a work is known as the Copyright Owner and is entitled to various rights, including Economic Rights, Moral Rights, and Royalty Rights. Nepal Copyright Registrar’s Office is established for enforcing Copyright Law in Nepal. Legislation on Copyright in Nepal 1. Copyright Act, 2059: This act was promulgated by Gyanendra...
Read MoreThe Exim Code is a 13-letter code issued by the Department of Customs, Ministry of Finance (Government of Nepal), which enables businesses to engage in international trade by exporting and importing goods. Before engaging in any import or export activities, it is a must to register a business as a manufacturing industry or trading firm with the relevant authorities in Nepal. This typically involves registering the company with the Department of Industry and obtaining a Company Registration Certificate. For home-based producers, it is compulsory to register as a private firm at the local ward office. Additionally, obtaining a PAN and VAT numbers is a requirement from the local...
Read MoreBefore commencing any business venture, entrepreneurs must prioritize the registration of their company. A streamlined and accessible system is essential to facilitate this process for all aspiring business owners. It is crucial for entrepreneurs to thoroughly understand their specific requirements and the nature of their business in order to make an informed decision regarding the type of company they want to register. In Nepal, there are three commonly chosen business ownership structures: Sole Proprietorship, Partnership Business, and Company (further divided into Public and Private companies); Business that only do trading : Department of Commerce, Supplies and Customer Protection ( as Propritor or partnership firm) Sole Proprietorship/ Private Firm 1. An entrepreneur can...
Read MoreThe Foreign Investment and Technology Act 2019 (2075), the Patent, Design, and Trademark Act 1965 (2022), and the Foreign Exchange (Regulation) Act 1962 (FERA) are the legal framework and guidelines that companies need to adhere to when running franchise businesses in the country. The Foreign Investment and Technology Transfer Act of 2019 authorizes the Department of Industry, which operates under the Ministry of Industry, Commerce, and Supplies, to approve franchise establishment in Nepal. To ensure trademark protection in the country, foreign trademarks and brand names must be registered under Nepal's Patent, Design, and Trademark Act of 1965. The registration process is...
Read MoreIn Nepal, registering a trademark typically takes around 12-15 months, and once registered, the trademark remains valid for 7 years from the registration date. The Department of Industry (DOI), under the Ministry of Industry, is responsible for the registration and management of trademarks in the country. For foreign trademarks, an additional registration process is required, either in the home country or abroad. Both local and foreign trademark registrations involve filling out and submitting the required forms to the Ministry of Industries for processing.The law relating to the Intellectual Property Rights in Nepal is embodied in The Patent, Design and Trade...
Read MoreThe primary laws governing INGOs in Nepal are the Social Welfare Act of 1992 and the Social Welfare Council Rules of 1992. These legislations regulate and oversee INGO operations within the country's boundaries, providing a legal framework for establishment, registration, and functioning. INGOs must seek approval from the Social Welfare Council (SWC) and enter into two agreements with them: The General Agreement, which outlines the overall framework of their presence, and The Project Agreement, which specifies project details. INGOs must collaborate with local NGOs to implement their objectives in Nepal. Compliance with these laws ensures transparency, accountability, and effective project...
Read MoreThe Department of Immigration (DOI) is responsible for executing Nepal's immigration laws and managing foreign nationals' entry, exit, and stay. It is established under the Ministry of Home Affairs and is guided by the Immigration Act, 2049, Immigration Regulation, 2051, and Immigration Procedure, 2065. DOI administers functions at its office in Kathmandu and twelve entry and exit points, including TIA and Gautam Buddha International Airport. Tourist visas are issued at entry and exit points, with non-tourist visas issued only from the DOI office in Kathmandu. Types of Visas Available for Foreigners: 1. Tourist Visa: The tourist visa shall be granted to foreign tourists...
Read MoreDivorce is the legal cessation of a matrimonial bond. It is the separation of man and wife, effected by the judgment or decree of a court, and either totally dissolving the marriage relation, or suspending its effects so far as concerns the cohabitation of the parties. In the general sense, divorce means the end of a marital relationship or the separation of the marital relationship existing between the husband and wife. To describe it in a wider sense the process leading to the end of the relationship between the husband and wife in a legal and social way can be called...
Read MoreCommercial litigation in Nepal/Corporate Litigation in Nepal Cambridge dictionary defines litigation as, “the process of causing a disagreement to be discussed in a court of law so that an official decision can be made about it.” Engaging in commercial litigation can be daunting when you lack the right resources. The commercial litigation practice area is extensive and the attorneys who engage in this practice area have dedicated themselves to their craft. Relying on resources such as this one can help you to develop a better understanding of what commercial litigation entails as well as how to prepare yourself for engaging in...
Read MoreNon-Government Organization (NGO) What is a non-government organization (NGO)? A non-governmental organization (NGO) is a group that functions independently of any government, which is usually non-profit. NGOs, also called civil society organizations, are established on community, national, and international levels to serve a social or political goal such as a humanitarian cause or the protection of the environment. What is the governing law for a non-government organization under the Nepalese Legal System? The governing laws for NGOs are as follows: Social Act,1992 Association Registration Act, 2034 What is the registration process for a non-government organization (NGO) in Nepal? Step 1 - Apply for a recommendation letter from the...
Read MoreCompany law of Nepal in the course of Development & Going on What is company law? A company is a voluntary association of a person who has come together for carrying on some business and sharing the profits. It is defined as any company incorporated under the Companies Act. How can we understand the development of Nepal’s company law? The history of the companies law began in Nepal in 1993 B.S. with the enactments of Nepal Company Kanoon, in 1993 during the Rana Regime. Till 1993, Nepal was not actively involved in the international arena. Company law of England has influenced India and Nepal...
Read MoreProperty Laws in Nepal/ Property Lawyer in Nepal/ Property Law Expert in Nepal What is property? Property is defined as any cash, goods or work which can be used or transacted in or the title thereto can be transferred by way of purchase, sale or otherwise or any benefit can be derived therefrom. What is “Good”? The term "goods" means a physical property capable of being purchased or sold. What are the forms of property? A property shall be either movable or immovable form irrespective of its physical or non-physical, tangible or intangible form. What kind of property is considered to be immovable property? The following property shall...
Read MoreSince the company is an immaterial, artificial and legal entity created by human beings, it is operated by natural persons. Even if the shareholder establishes the company, he must do the management work in the company. This work is done by a person or a group chosen by the shareholder. These groups are called the 'Board of Directors'. All the work, duties, and rights to be done by the company under the Articles of Association (AOA) and regulations are vested in the board of directors. The board of directors operates the company in the interests of shareholders, invests, manages employees,...
Read MoreNon-Resident Nepalis ( NRN) Laws in Nepal/ Rights to Non-Resident Nepalis ( NRN) in Nepal/ Property Rights to Non-Resident Nepalis ( NRN) in Nepal/ Legal Rights to Non-Resident Nepalis ( NRN) in Nepal Who is an NRN? Any person whose father, mother, grandfather, or grandmother was a citizen of Nepal at any time and has subsequently acquired the citizenship of any other foreign country other than a member country of a South Asian Association of Regional Co-operation (“SAARC”), or Any person who is residing in any foreign country for at least 2 (two) years and is involved in any profession, occupation, business, and...
Read MoreDebt Recovery Laws in Nepal/Debt Recovery Lawyer in Nepal/Debt Recovery Law Expert in Nepal What is meant by Transaction? A transaction is an activity involved in conducting business or interacting with people. It may include any kind of exchange of goods, services, or financial assets in return for money. for example, paying employees their salary, borrowing funds from a creditor, paying off borrowed funds, etc. When a Transaction is deemed to be made? As per Section 474 of Muluki Civil Code,2074, If there is a give-and-take of any amount or goods between two or more persons subject to any condition, the transaction shall be...
Read MoreCyber Crime in Nepal | Cyber Crime Laws in Nepal | Cyber Crime Lawyer in Nepal | Cyber Crime Law Expert in Nepal What is Cybercrime? Cybercrime is a crime relating to any illegal behavior committed by or in relation to a computer system or network, including such crime as illegal possession or distribution of information by means of a computer system or network. In short, cybercrime is a crime committed through cyber. CYBERCRIME AND INTERNET CRIME: UNDERSTANDING Unauthorized access to another's a computer, deleting data or jeopardizing the data, or destroying the computer by virtue, etc. can also be cybercrime. And specifically in the...
Read MoreWhat is private international law? Private international law (also called a conflict of laws) consists of principles and rules for dealing with legal disputes with a foreign element: a cross-border divorce case, or transnational commercial disputes. IT is that part of law of any state which comes into operation when a court is called upon to determine a suit containing a foreign element. Under which situation does private international law is applied? Private international law is applied to any matter relating to private legal relationships involving a foreigner, foreign object, or any act done in a foreign country. Other than this it is...
Read MoreDual Marriage | Polygamy Marriage laws in Nepal What is marriage under the laws of Nepal? In the Nepalese legal context, there are limited instruments for defining marriage. Section 67 to be read with Section 68 of the National Civil Code of Nepal defines marriage as a permanent, inviolable, holy, socio-legal bond that is based on free consent and established to start conjugal and family life between a man and a woman. The said relationship is established when man and woman accept each other as the husband and wife through any occasion, ceremony, formal or other act. The definition of marriage is...
Read MoreLaws related to Cheque Dishonor in Nepal/ Debt Collection Lawyers in Nepal/ Cheque Bounce Laws in Nepal/ Banking & Finance Lawyers in Nepal/Legal Remedies of Cheque Bounce in Nepal/Recovery of Payment laws in Nepal A cheque is said to be bounced when a bank refuses to make payment in return for the cheque due to insufficient funds, overwriting in the cheque, mismatch of signature, expired cheque, etc. It is also considered a dishonor of cheques in Nepal. Or it is called Cheque bouncing is regarded as a condition in which the receiver will not be able to exchange the issued cheque...
Read MoreLawyer of Labour Laws of Nepal/ Labor Laws in Nepal/ Laws related to Employment in Nepal The Labour Act 2074 has made key changes to employment law in Nepal. The preamble of the Act says that laws relating to labor is enacted to make provisions for the rights, interests, and benefits of workers and make clear provisions relating to the rights and duties of employers in order to promote good industrial relation and end all forms of labour exploitation for the growth of productivity. It was passed by the Parliament on 11 August 2017 (27 Shrawan, 2074). Section 2 (j) of...
Read MoreRegistration of foreign Company's Branch/Liasion Office in Nepal/ Registration of Branch office in Nepal, Lawyer of registration of branch office in Nepal; As per Section 154 (1) of the Nepalese Companies Act, 2006, no foreign company can carry out its business transaction in Nepal without registering its branch company in Nepal. A foreign branch company can only perform activities that are allowed in Nepal, similar to the objective of the foreign company. The foreign company who conducts any business transaction for a continuous period of one month from any office established in Nepal or any office or place used for that...
Read MoreMarriage is defined as the state of being united to a person of the opposite sex as husband or wife in a consensual and contractual relationship recognized by law. It is a formal union and social and legal relationship between two individuals. It is often viewed as having a key role in the preservation of morals and civilizations. In Nepal Marriage is governed by the chapter on marriage in Muluki Civil Code 2017 (2074) in Nepal. Sections 67 to 84 of Muluki Civil Code 2017 incorporate all the provisions governing marriage. We Lawyer of Prime Law Associates will help you know...
Read MoreSecond Marriage Law is also regarded as the Reserved Marriage Law of 1980. It is revised the law of the New Marriage Law of 1950. In Nepali culture, marriage is a social, emotional, cultural, and legal bond between husband and wife. Second marriage law is directly based on the subsistence of the first marriage, which is also regarded as illegal in Nepal. Recently, second marriage-practices have dramatically risen even though it is restricted and made punishable under the existing laws. According to the Marriage of the General, Code states that unless the first wife/husband is not dissolved and has any...
Read MoreWhat is Family Law? Family Law is a law that entails the body of statutes and case precedents that govern the legal responsibilities between individual domestic connections. Family Law in Nepal usually contains cases between people who have relations by blood, and marriage, even though these types of cases may affect close relatives who have distance or casual relationships with the family. In family law, there may be varied cases such as emotionally-charged cases and other types of cases. In the nature of emotionally charged cases, litigants are strongly advised to retain legal counsel. Most family law cases are the result...
Read MoreDivorce and child custody is the cause of the dissolution in marriage and failed bonds between husband and wife resulting in a scattered relationship affecting their children in the process. Divorce in Nepal has always been a prized subject, where marriage ceremonies are the most important event in everyone’s life and strong bonding between husband and wife. The process of divorce and child custody requires the sanction of the court and different authorities in a legal process. However, recently we can see the rate of divorce has dramatically increased in Nepal. In the context of Nepal, there are various causes resulting in...
Read MoreForeign Investment Law In Nepal was first initiated in 1981 AD. Since then, it has rewritten for only two times. Last time in 2014, Foreign Law In Nepal Was Re-Initiated. Foreign Investment In Nepal is vital for developing economies due to the narrow fiscal space in government finances and the poor capacity of the private sector. Foreign Direct Investment (FDI) and other Portfolio Investments play a crucial economic role, as their effects are directly multiplied. As far as sustainable growth and development of the country are concerned, FDI is one of the main elements and Nepal is no exception. In 1981...
Read MoreProcedure of Foreign Direct Investment (FDI) in Nepal/Laws governing Foreign Direct Investment in Nepal/Lawyer of Foreign Direct Investment in Nepal/Foreign Direct Investment Lawyer in Nepal; The Foreign Investment and Technology Transfer Act (FITTA), 2019 is the principal law governing FDI in Nepal. Foreign Investment and Technology Transfer Act, 2019, is the premier law related to FDI in Nepal. The government of Nepal declared in its Financial Budget that the minimum investment required for obtaining foreign investment approval has been made NPR 20 million (approx. USD 198,000) which is applied from 17th July 2022. The government of Nepal has established a ‘One...
Read MoreForeign Direct Investment (FDI) is an effective measure for promoting sustainable development in the country. It serves as a catalyst for the development in an open integrated economic system. It is the investment that is made by a different foreign investor in the company which located in a foreign land. Foreign investment in Nepal has been growing as the development process is speeding within the country. The funds are transferred to purchase and acquire physical capital that includes machines and factories. Therefore, if someone invests in the business in another country rather in his/her own country, he/she can get more...
Read MoreCompany Registration Services in Nepal/ Business Registration Lawyer in Nepal/Company Registration in Nepal/Corporate Lawyers in Nepal A company can be understood as any person or organization that has a desire to do a business and has established a "private limited" or "public limited" in accordance with the Companies Act, 2063 and has a perpetual succession which is an autonomous and organized organization. The company can acquire the moveable and immoveable property, sell or can do any kind of business like a natural person, and can or can be sued in the name of the company. According to the Companies Act, 2063, three...
Read MoreBasically, an attorney refers to the lawyer who practices law as an advocate, attorney at law, counselor or solicitor. Working as an attorney involves the practical application of various abstract legal theories and knowledge that helps to solve specific individualized problems. Having or hiring an attorney helps to solve various legal as well as individual issues. You can choose an attorney if you believe that our criminal justice system is grounded on the principle that everyone is innocent until proven guilty and everyone is innocent until proven guilty. The Attorney also helps to defend against various financial and emotional issues...
Read MoreBasically, hydropower refers to the energy of falling water that may be harnessed for various useful purposes. Hydropower from many different kinds of watermills has been used as a source of renewable energy source for various purposes including irrigation and the operation of several mechanical devices such as gristmills, textile mills, sawmills, trip hammers, and others. There are many laws and policies made under the hydropower-producing organization. These legal laws help the organization follow the rules and regulations in a systematic way. The government of Nepal has formulated a hydropower development policy and also promulgated the electricity act and water...
Read MoreAviation law refers to the legal issues and laws that scrutinize flights, air travel, and business concerns. It covers the issues that affect aircraft, and airports along with navigation and maintenance, pilot licensing requirements, and air traffic control. This law mostly operates at a federal level with different aviation regulations and standards that are enforced by the Federal Aviation Administration (FAA). The international flights that take place from the airport are governed by international law and various laws of individual countries that the light passes through different states. These states have a little authorization phase that passes the laws related...
Read MoreReal estate refers to the property consisting of land and buildings along with different natural resources including crops, minerals, or water. The business of real estate introduces the profession of buying, selling, or renting land, buildings, or houses. Real estate is a legal term that is used in jurisdictions. Real estate lawyers are known as professionals who are specialized in law-related matters and apply their legal skills to solve different matters related to property, from everyday transactions to disputes. The real estate lawyers are provided with skills and authority to prepare and review documents related to real estate including purchase agreements,...
Read MoreBoth the state and federal law are regulated in the banking and financial industries. These laws impose different requirements for the banks and other different financial institutions. Banking and Finance law plays a vital role in mergers and acquisitions of various corporations, investments and stock purchases by both individuals and companies. This law is highly in-demand area of law with several financial sectors that are relying worldwide on different legal terms in order to keep them in well-ordered. Prime Law Associate (PLA) consists of highly experienced and qualified banking and finance lawyer in Nepal who are highly educated and well-practiced...
Read MoreLawyer, also known as an attorney refers to a person who practices law as a barrister, advocate, counselor or solicitor. The practice of lawyers includes different exercises and applications of abstract legal theories and knowledge that help to solve specific individualized problems and to advance the interests of people who hire lawyers in order to perform different legal services. The role of a lawyer varies according to the legal jurisdictions. The entity that is formed by one or more lawyers in order to engage in the practice of law refers to the law firm. The law firm offers primary services...
Read MoreThe corporate law introduces to the laws related to business and company that applies to the rights, relations, and conducts of a person, business, companies, and organization. This law controls and synchronizes how investors, shareholders, corporations, employees, directors, creditors, and stakeholders like customers, environment, and community interact with one another. Corporate law is considered as the branch of civil law which deals with issues of both public law and private law. A corporate lawyer helps to ensure the legitimacy of different commercial transactions, legal rights and duties, and duties and responsibilities of corporate officers. They have strong knowledge of accounting,...
Read MoreThe criminal law of a country refers to the body of law that interconnects to a crime. It embargos conduct perceived such as threatening, harmful, and other task endangering the property, safety, health, and different moral welfare of people. Most criminal laws are established by statute i.e. laws are passed by the legislative body of the nation. Criminal law includes the punishment of the people who try to violate the law. Criminal law varies according to the jurisdiction of the nation and it differs from civil law. Criminal law authenticates the fact of the commission of a crime and also authorizes...
Read MoreTax is said to be the mandatory financial charge or the other type of levy imposed on a taxpayer by the governmental institution and organization that aims to fund various public expenditures. The evasion of taxation is punishable by law. There are different direct or indirect taxes included by the tax. Many countries have a tax system in place in order to pay for public, common, agreed national needs and government functions. In the modern days, governments levy different types of taxes in money. The method of taxation and government expenditure of taxes are raised high and they are debated...
Read MoreA law firm is defined as a business entity that includes a group of one or more lawyers that are engaged in the practice of law. Giving advice to the clients about their legal rights and different responsibilities, and to represent the clients in different criminal cases, business transactions and other many different things are said to be the primary service that is rendered by the law firm. There is different Law Firm in Nepal working on the behalf of the citizens. Prime Law Nepal is one of the best law firms in Nepal that has been owing to the...
Read MoreLaw broaches a system that includes different rules which are created by the governmental institutions of the country in order to regulate the behaviors of its citizens. It regulates a community and adheres to the will of the state. The law varies from one country to another in the world. Law plays a vital in regard to social change by giving different shapes and direct impacts on society. The law of setting an educational system can be the best example of this. Law helps in interacting with different cases rising in society. It is said to be an indicator of...
Read MoreLaws related to divorce in Nepal/ Divorce Lawyer in Nepal/Divorce Process in Nepal The termination of a marriage by legal action i.e with the mutual consent of both husband and wife or with the decision of the court. The substantive issues in divorces are a division of property, child custody, and alimony (spousal support). The petitioner can only file in the District Court in which he/she has been a resident for a period of time. It denotes the issuance of citizenship from the district administration office and if he/she is living apart from the district in which citizenship is issued, he/she...
Read MoreCopyright © 2023 Prime Law Nepal. All Right Reserved.
Disclaimer | Privacy Policy | Best Law Firm in Nepal | Lawyers in Nepal
Powered By:Weblink Nepal
