Foreign Direct Investment (FDI)

Foreign Direct Investment (FDI)

Documents required for approval of foreign investment for the establishment of a new industry:

1. Application as specified – 1 copy, (according to schedule 1)
2. Project Report (Project Report) – 3 copies,
3. More than one investor (individual or company) jointly, investment agreement – ​​2 copies,
4.  If the foreign investor is an individual, a photocopy of passport, visa, and his/her biodata – 1/1 copy,
5.  In the case of a foreign investment company, a certificate of company registration, company profile, a certified copy of the company's charter and regulations, the Decision of the Board about investment in Nepal – 1/1 copy,
6. If the Nepali investor is an individual, a photocopy of the citizenship certificate, if the company is a company, the decision of the board of directors of the related company, company registration certificate, tax payment certificate, and management charter and regulations – 1/1 copy,
7. Certified copy of Power of Attorney and proof of his identity – 1/1 copy,
8. Copy of Financial Credibility Certificate FCC-1 issued by foreign investor's bank Regarding the foreign bank account, it is not mandatory to be in the format prescribed by the department, but in relation to such letter issued by a bank located in Nepal, the bank account should be opened at least 1 month before and it should be in the format prescribed by the department.
9. If the opinion and agreement of other agencies are required, such opinion and agreement will be requested from the department.
10. In the case of an investment company, its director should be disclosed.

Documents required to approve the foreign investment of the new foreign investor by transferring shares in the established industry with Nepali investment only

1. Application as specified – 1 copy, (according to schedule 1)
2. 1 certified copy of the Industrial Registration and Approval Scheme,
3. 1 copy of the approval letter for the sale of shares if the shareholder is going to sell the shares,
4. 1 copy of the letter of intent to purchase shares of the person purchasing the shares,
5.  1 copy of the decision of the board of directors of the company to sell shares,
6. 2 copies of share purchase and sale agreement gross,
7.  If the foreign investor is an individual, photocopy of passport, visa, and his/her biodata – 1/1 copy,
8.  In case of foreign investor company, certificate of company registration, company profile, the certified copy of company's memorandum and articles of association, the decision of the Board (BoD) on share purchase – 1/1 copy
9. Copy of Financial Credibility Certificate FCC-1 issued by foreign investor's bank

Regarding the foreign bank account, it is not mandatory to be in the format prescribed by the department, but in relation to a such letter issued by the bank located in Nepal, the bank account should be opened at least 1 month before and it should be in the format prescribed by the department.

    j) 1 copy of the Power of Attorney with the decision of the company to buy and sell shares,

    k) 1 copy of additional share price certified by the company registrar’s office,

    l) In the case of an individual, the seller should present himself at the department and be identified.

    m) Additional share price of Nepali company is 1/1 per share,

    n) In ​​case of an investor company, its directors should be disclosed.

    o) One A.V. In case of a completed company, audit report and tax payment certificate.