March 14: The Office of the Company Registrar has set up a separate desk responsible for registering foreign companies that have direct investment in the country. The desk has come into operation since last week.
With this, uniformity is expected in the work of the companies registered from the desk after going through the due procedure as per the Foreign Investment and Technology Transfer Act and Public Private Partnership and Investment Act, said the Office of the Company Registrar.
No approval required for foreign investment in listed companies...
The desk aims to build a favourable climate and play a role in carrying out reforms for foreign investment in Nepal, said Company Registrar Mahesh Baral. The desk will facilitate the registration of a company, and the registration process will complete within 10 days, he said.
(RSS)
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