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NPL-1992-L-34738
Breadcrumb
Title_of_text
Foreign Investment and Transfer of Technology Act, 2049 (1992) (No. 34 of 2049)
Main Region
First Region
Country(ies)
Nepal
Subjects (Classification)
Economic and social policy
Adopted on (Date of text)
1992-07-27
Scope of text
National
Type of legislation (Type of text)
Law, Act
Second Region
Abstract/Citation
Provides that foreigners who seek to invest in Nepalese industries or transfer technology obtain permission to do so from the Department of Industries, sets an income tax rate applicable to them, and establishes the amount of foreign currency that they may repatriate. Any disputes between foreign investors and industries concerned are to be settled through mutual discussion in the presence of the Department.
Amending Text region
Amending text(s)
1996-01-24 (NPL-1996-L-44239)
Foreign Investment and Technology Transfer (First Amendment) Act, 1996.
Amending text(s)
1996-01-24 (NPL-1996-L-44239)
Foreign Investment and Technology Transfer (First Amendment) Act, 1996.
Electronic region
Electronic source title
Unofficial English Translation
Author
Nepal Democracy
Publisher
Friedrich-Ebert-Stiftung, Nepal Offlice
Place of publication
www.nepaldemocracy.org
Country
Nepal
URL
http://www.nepaldemocracy.org/documents/national_laws/foreign_envestment_act.htm
File
NPL34738.pdf (PDF of Law in English)
Serial region
Serial title
Recent Laws of Nepal
Date
1992-11
Volume
Vol. 4
Number
No. 6
Page range
pp. 1-2