Practical notes on foreign investment, valuation, tax and compliance in Nepal, written for people making a decision.
AGM, annual return, statutory audit, income tax, VAT, and TDS obligations for a Nepali private limited company, laid out against the fiscal year so nothing gets filed late.
Audited financials are a starting point, not proof. Where related-party dealings, IRD exposure, and unbooked liabilities actually hide in a Nepali target, and how to sequence the search for them.
NFRS is no longer a large-company problem. Here is which entities must comply, what actually changes in the numbers, and where transitions go wrong in practice.
VAT registration in Nepal is threshold-driven and mostly mechanical. TDS is where businesses quietly become withholding agents without realizing it, and miss the deposit deadline that follows.
Nepal's income tax return deadline sits three months after fiscal year close, but the return is the easy part. Most exposure is built earlier, in unreconciled TDS and missed installments.
Under the Companies Act 2063, almost every private limited company in Nepal must have its accounts audited annually — the exceptions are narrower than most owners assume.