If anyone having knowledge in corporate law can help. That would be very helpful.
View on r/NepalStock by Affectionate-Draw696
Highlights:
- Falgun NAV Report Is Published By Mega Mutual Fund 1; NAV Is Rs 8.25
- Development banks have decided to lower the interest rate on fixed deposits
- Commercial Bank Fixed Deposit Interest Rates Remain Unchanged
- Becoming an Investor in Nepal
- All 5 NIC Asia Capital Mutual Fund Schemes have published the Falgun Month NAV Report.
The company pays 15% tax.
Have to setup A company in nepal. Not sure if you can set up fdi for sole reason of FD.
And you cannot take back Money easily.
However opening account for indians are relatively easy, and you can open your personal account.
As mentioned, taking money back to India is hard.
A foreign company cannot invest in FDs in Nepal. For that you will have to set up a subsidiary or branch here and I am sure you don’t want to take all the hassles of going through multiple approvals to set up a subsidiary or branch just for the FD interest.
5% is for individual
Company should pay 10% interest