Nepal

Ease of Doing Business in

Nepal

This page shows summary Doing Business 2012 data for Nepal. The first table lists the overall "Ease of Doing Business" rank (out of 183 economies) and the rankings by each topic. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.

Economy Overview

Region South Asia
Income Category Low income
Population 29,852,682
GNI Per Capita (US$) 490.00
Doing Business 2012 Rank Doing Business 2011 Rank Change in Rank
107 110 down 3
Topic Rankings DB 2012 Rank DB 2011 Rank Change in Rank
Starting a Business 100 95 up -5
Dealing with Construction Permits 140 161 up 21
Getting Electricity 99 102 up 3
Registering Property 24 23 up -1
Getting Credit 67 64 up -3
Protecting Investors 79 74 up -5
Paying Taxes 86 90 up 4
Trading Across Borders 162 161 up -1
Enforcing Contracts 137 137 No change
Resolving Insolvency 112 113 up 1

Economy Profile

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Starting a Business

Info

The challenges of launching a business are shown below. Included are: the number of steps entrepreneurs can expect to go through to launch, the time it takes on average, and the cost and minimum capital required as a percentage of gross national income (GNI) per capita.

DB 2012 Rank 100 DB 2011 Rank 95 Change in Rank down-5
Indicator Nepal South Asia OECD

The total number of procedures required to register a firm. A procedure is defined as any interaction of the company founders with external parties (for example, government agencies, lawyers, auditors or notaries).

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Procedures (number)
7 7 5

The total number of days required to register a firm. The measure captures the median duration that incorporation lawyers indicate is necessary to complete a procedure with minimum follow-up with government agencies and no extra payments.

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Time (days)
29 23 12

Cost is recorded as a percentage of the economy’s income per capita. It includes all official fees and fees for legal or professional services if such services are required by law.

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Cost (% of income per capita)
37.4 21.6 4.7

The amount that the entrepreneur needs to deposit in a bank or with a notary before registration and up to 3 months following incorporation and is recorded as a percentage of the economy’s income per capita.

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Paid-in Min. Capital (% of income per capita)
0.0 19.1 14.1
No. Procedure Time to Complete Associated Costs
1 Verify the uniqueness of the proposed company name 1 day NPR 5
2 A professional verifies and certifies the memorandum and articles of association 5 days NPR 10,000 depending on the professional’s charges
3 Buy a stamp to be attached to registration form 1 day NPR 5
4 File documents with the Company Registrar’s Office, Department of Industry 15 days NPR 4,500
5 Make a company rubber stamp 1 day NPR 275
6 Register for VAT and income Tax with the Inland Revenue Office, the Ministry of Finance 5 days no charge
7 Enroll the employees in the Provident Fund 1 day no charge

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