The country of Nepal is unique on a number of levels, perhaps the most important being its sheer natural beauty. Home of the world’s highest mountain range and containing eight of the world’s ten tallest mountains, Nepal is a magnet for the world’s most avid mountaineers, rock climbers, trekkers, and adventure seekers. Owing to the immense vertical drop from its northern mountains to its southern plains, it is a hotspot for climatic and biological diversity. Naturally, its cultural array mirrors its geological and climatic varieties. Chitwan National Park, a World Heritage Site, whose elevation lies between 100 and 800 meters above sea level, lays claim to more than 500 species of birds, 50 mammals and 55 amphibians and reptiles. Sagarmatha National Park, whose lowest point is approximately 2,800 meters, is home to over 100 species of birds and provides universal scenic views of flora and fauna. Nepal’s biodiversity is not limited to land creatures. It is estimated that the country also has over 250 species of fishes in its vast river systems.
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Tourism Industry
Adventure trekking in Nepal
USD 41
Average expenses per visitor /day (2022):
13.1 days
Average tourist length of stay
Favourable Climate
The focus on high value organic crops is increasing
TAX / VAT
100% of Tax exemption for 5 years from the date of business operation
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Are you looking to invest in Tourism sector in Nepal?
Incentives
Tourism sector is eligible for attractive income tax exemption. Tourism-based industry (other than casino) meeting the following criteria is offered 100% exemption in applicable income tax for five years from commercial operation, and 50% for an additional three years:
- To industries established with capital investment exceeding NPR 1 billion and providing direct employment to more than 500 individuals throughout the year
- If industry has increased capital investment to at least NPR 2 billion and provides direct employment to more than 300 individuals throughout the year along with enhancement in capacity by at least 25%
- 100% exemption on dividend tax if profit is capitalized to expand the industry
INVESTMENT OPPORTUNITIES
Hotels and Resorts
Tourism training Centers
Tourism Infrastructure
Adventure Tourism
MICE tourism
Wellness Centres
Documents Required
Foreign investor/s desiring to invest in Nepal whether as a wholly foreign owned enterprises or in a joint venture with Nepalese/foreign promoters are required to apply to the DOI with following documents.
Preliminary Feasibility Report (must include following information)
- Project Design
- Estimated Cost of the Project
- Proposed Financial Resources
- Business/Operation Plan
- Preliminary EIA Report
- Proposed Revenue model
- Proposed Royalty / Fee to Government
- Joint Venture Agreement (JVA), in case of more than one investor
- Citizenship certificate of local investor or Certificate of Incorporation, including Memorandum of Association and Articles of Association, Shareholders register, tax clearance certificate if the local investor is a company.
- Notarized Copy of passport of foreign investor or Certificate of Incorporation, including Memorandum of Association and Articles of Association if the party is a company
- Bio-data / Company profile of the foreign party
- Financial Credibility Certificate (FCC) of the Foreign Investor provided by a home country bank or domiciled country bank
- Authority letter from the concerned companies or individuals to carry out any necessary work on their behalf, if applicable
- Other documents as demanded later based on the progress Documents required at Company Registrar Office, Local Authority, IRD, DOI, and Bank, are more or less similar as explained above (in case of projects up to NPR 6 billion).
