MOICS Notice for Investment Companies

August 22, 2021

On August 9, 2021, the Ministry of Industry, Commerce and Supplies ("MoICS") published a notice in the National Gazette ("Notice") specifying the conditions to be fulfilled by investment companies while registering as an industry under Industrial Enterprise Act 2076 (2019 AD. Major conditions laid down by the Notice for investment companies include:

The Notice also prescribes additional conditions for investment companies established through foreign investment, namely:

Nepali version of the Notice may be obtained by clicking here.