Foreign Direct Investment in Nepal
Nepal is a country very friendly toward investment and abounds with opportunities. There are many reasons to invest in Nepal and there are diverse sectors providing investors a variety of options based on their target markets or specialties. The Corporate Counseling and Legal Research Center specializes in assisting investors throughout the entire process. We lead the way on all aspects of formal registration, ensuring that your business will have met all its legal obligations, and have all its interests secured. For companies new to Nepal, we can provide satellite offices and assist with acquiring staff to handle daily business matters. Our accounting division will prepare all the financial provisions needed to begin operations right away. Our consultants are ready to assist with instructing on any cultural or localized idiosyncrasies. Consultants can also advise on information security and management.
Labor in Nepal is inexpensive compared to many other countries, but it consists of a highly skilled workforce. The Corporate Counseling and Legal Research Center collaborates with local colleges and workforce agencies to recruit top local skill for companies interested in outsourcing in certain sectors.
The medical sector in Nepal is in its nascent stage of development. Despite producing some of the finest doctors in the world, Nepal’s medical infrastructure has some way to go to match that of G20 countries. The Nepal Ministry of Foreign Affairs itself has expressed interest in establishing the country as a medical tourism outpost where visitors can acquire equally skillful procedures for a fraction of the price of developed countries.
In addition to labor, land remains comparatively cheap in Nepal compared to many other countries. Organic farming is on the rise and the global market for organically raised crops seems set to increase for a long time. There are many opportunities for investment in agriculture.
Nepal also contains a robust tourism industry, located as it is in one of the most beautiful places in the world. New airports, hotels, restaurants, cable cars and other ventures provide a growing area for investment.
The education sector is open to investment in diploma colleges and vocational schools.
Lastly, Nepal’s power sector provides vast opportunities for investors of medium to the extremely large scale. Hydropower construction is on the rise and its market will be considerable in light of the 2014 Power Trade Agreement with India. Hydrogen and solar power use are also on the rise. Related infrastructure projects also present a lucrative area of investment for large building projects, such as bridges and roads servicing these megaprojects.
As an all-around firm specializing in foreign investment in Nepal, the Corporate Counseling and Legal Research Center is the ideal firm to help you begin your investment journey. Our partners will meet with your company to determine precisely what is necessary for your success. Reach out to either of our partners, Bharat Lakai or Robert Vanwey for your free consultation today.