Permission for Foreign Investment & Technology Transfer
Description
To promote foreign investment and technology transfer for making the economy viable, dynamic and competitive through the maximum mobilization of the limited capital, human and the other natural resources.Rs 10 Postage Stamp has to be put on the application
Comments
Foreign investors are permitted to own up to 100% equity share in any industries except the following:Cottage industries (except industries using electricity more than 5 kW)Personal service businesses (e.g. hair cutting, beauty slaon, tailoring, driving training, etc.)Arms and ammunition industriesGunpowder and explosivesIndustries related to radio-active materialsReal estate business (excluding construction industries)Film industries (national languages and other recognized languages of Nepal)Security printingBank notes and coinsRetail business (excluding international chain retail businesses with business in at least two countries)Tobacco (excluding more than 90% exportable)Internal courier serviceAtomic energyPoultryFisheriesBee keepingConsultancy services (e.g. management, accounting, engineering, legal services); (Maximum of 51% FI is allowed)Processing of food grains on rentLocal catering ServicesRural tourism