Are you worried about compliance as a business owner or principal of a school in Nepal?

No need to worry more!

You must be aware of the following things related to the compliance of company laws and regulations and taxation laws in Nepal:

Company Registrar:

1. Audit the financial statement of the company within Poush after the completion of each financial year.

2. Update the audit reports and AGM documents in the office of the company registrar.

Taxation:

1. Issue the tax invoice from No. 1 in Shrawan 1 every year.

2. File the income tax return and pay tax within six months after the completion of the financial year.

3. File the installment tax return by the end of the fiscal year.

4. Pay 40% advance tax within the Poush end, 70% advance tax within the Chaitra end, and 100% advance tax within the Ashadh end.

5. Provide an appointment letter to every employee.

6. Maintain the salary accounts of every employee and make sure that salaries are paid through the bank after deducting TDS.

For any assistance with business compliance, you can directly connect with us at:

Website: https://estartupnepal.com/contact/

Facebook: https://www.facebook.com/estartupnepal

WhatsApp: 9817097786 or 9862673578