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Hi guys, If my company based out of India invest in Nepal fixed deposits then we should be paying 5% TDS from interest earned. So we will not be paying any additional corporate tax in Nepal?

3 Comments
Hi guys, If my company based out of India invest in Nepal fixed deposits then we should be paying 5% TDS from interest earned. So we will not be paying any additional corporate tax in Nepal?

If anyone having knowledge in corporate law can help. That would be very helpful.

View on r/NepalStock by Affectionate-Draw696

Topics Covered in this post:
Corporate | TDS | guys | Fixed | Deposits | Nepal | Invest | Company | Interest | based
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3 Comments

  2. Avatar of captainright1 captainright1
    Reply
    October 1, 2023,

    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.

  3. Avatar of CAKaiLAW CAKaiLAW
    Reply
    October 1, 2023,

    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.

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