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What is IT Company Registration Process in NepalIT company registration in Nepal is the legal procedure of incorporating a business entity that provides information technology services under the framework of the Companies Act, 2063. The process begins with name reservation and continues with submission of incorporation documents to the Office of the Company...

What is IT Company Registration Process in NepalIT company registration in Nepal refers to the legal procedure of forming a business entity engaged in information technology services under the prevailing company laws. The process is governed primarily by the Companies Act, 2063 (2006). It involves incorporation of a private limited company or public company...

Probation Period Legal Framework in Nepal Introduction A probation period is an initial trial phase of employment during which an employer evaluates an employee’s performance, behavior, and suitability for a permanent role. In Nepal, probation is governed primarily by the Labor Act, 2017 (2074) and Labor Rules, 2018. During probation, employment is still...

Performance-Based Termination in Nepal IntroductionTermination for performance refers to ending an employment relationship due to consistent failure of an employee to meet expected job standards. In Nepal, such termination is regulated under the Labor Act, 2017 (2074) and Labor Rules, 2018, which require employers to follow fair procedures before dismissing an...

Intellectual Property Assignment in Nepal Introduction Intellectual property (IP) assignment is a legal mechanism through which ownership of created work—such as software code, applications, designs, and inventions—is transferred from the creator (usually an employee or contractor) to the company. In Nepal’s growing startup and IT ecosystem, IP assignment has...

Non-Compete Clause Legal Framework in Nepal IntroductionA non-compete clause is a contractual restriction that prevents an employee from joining a competitor, starting a competing business, or engaging in similar professional activities after leaving a company. In Nepal, this clause is frequently used in employment contracts, especially in startups, IT...

Employment Contract Legal Framework in Nepal IntroductionAn employment contract in Nepal is a legally enforceable agreement between an employer and an employee that defines working terms such as salary, duties, working hours, benefits, and termination conditions. The primary governing law is the Labor Act, 2017 (2074) along with the Labor Rules, 2018, and...

SAFE Termination in Nepal Startup Failure Context Introduction A SAFE (Simple Agreement for Future Equity) does not function as debt and therefore does not require repayment upon startup failure. In Nepal, SAFE agreements are treated as contractual instruments under the Contract Act, 2000, and equity conversion rules under the Company Act, 2006 apply only when...

SAFE Discount Rates in Nepal Startup Framework IntroductionSAFE discount rate refers to the percentage reduction applied to the share price during conversion of SAFE investment into equity in a future priced round. In Nepal, SAFE agreements are not separately regulated under statute but are enforceable under the Contract Act, 2000 and governed by share issuance...