Enforcement of Foreign Arbitral Awards in Nepal: A Jurisdictional Guide (2026)
Nepal is a party to the 1958 New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards (“New York Convention”), having acceded in 1998 with both reciprocity and commercial reservations. Under the Arbitration Act, 1999 as amended by the 2025 Ordinance (“Arbitration Act”), Nepalese courts recognize and enforce foreign arbitral awards...
Doing Digital Business in Nepal? Read This on Digital Tax (2026)
What are considered digital services under Nepal’s new Digital Service Tax (DST) procedure?
The Inland Revenue Department (“IRD”) has adopted a broad and technology-agnostic approach in defining what qualifies as a digital service. According to the Digital Service Tax 2081 (2024) Procedure (“Procedure”), digital services are those that are delivered online...
Niti Partners Serves as Knowledge Partner for Global South ADR Day 2025
Niti Partners was proud to serve as the Knowledge Partner for Global South ADR Day 2025, organized by the KFCRI on May 23. The event brought together ADR professionals and thought leaders from across the Global South to explore innovations and challenges in dispute resolution.
Our Partner, Sameep Khanal, spoke at the event, addressing recent arbitration...
Nepal’s New Arbitration Ordinance: Commentary by Our Managing Partner on Kluwer Arbitration Blog
Our Managing Partner has authored a piece on the Kluwer Arbitration Blog titled “One Step Forward, Two Steps Backward: Assessing Nepal’s New Arbitration Ordinance.“ The article critically examines recent reforms to Nepal’s arbitration law, highlighting both progress and concerns.
Read the full article on Kluwer Arbitration Blog via the link...
Supreme Court of Nepal Clarifies House Rent Tax Jurisdiction Between Federal and Local Government
The Supreme Court of Nepal has ruled that the federal government holds authority to collect house rent tax from legal persons, clarifying constitutional tax jurisdiction and resolving overlap with local governments.
SEBON Registration Now Mandatory for Investment Companies
IntroductionThe Securities Board of Nepal (SEBON) has issued a call for the registration of investment companies meeting specific criteria. This follows a decision by the Government of Nepal dated Poush 18, 2081 (January 2, 2025), made under Section 7, Sub-section (2) of the Asset (Money Laundering) Prevention Act, 2064, designating SEBON as the regulatory...
Tax Treaties Not Relevant? Says Nepal’s Supreme Court Ruling
Facts of the Case
In the case of Duo Soft Overseas Private Limited vs. Department of Revenue Investigation (“DRI”), D. N. 8841 decided on September 8, 2012 (2069/05/23 B.S.), the Supreme Court of Nepal, presided over by Justices Damodar Prasad Sharma and Bharat Raj Upreti, ruled on the taxation of income generated by an Indian company. Duo Soft...
Client Update: Government of Nepal amends Investment Laws Through Ordinance
In a significant development aimed at improving the investment climate in Nepal, the Government of Nepal has introduced an ordinance that brings key amendments to the Foreign Investment and Technology Transfer Act, 2019 (“FITTA”) and related investment laws, including the Nepal investment law amendment. The ordinance, issued on January 10, 2025,...
Niti Partners Hosts Webinar on “Business of Sports: Protecting Image Rights and Managing Contracts”
Niti Partners, in association with the Esports Association of Nepal, Nepal Education and Research Network, and Nepal Journalist Forum, conducted a webinar to educate players on their rights and strategies for negotiating contracts. The session focused on protecting image rights and managing contracts in the evolving sports and esports industries.
Slides from the session can be accessed...
Why Termination Price Clauses Matter?
Our Managing Partner recently contributed an article to New Business Age on the importance of termination price clauses in business agreements.
Read the full article here: https://newbusinessage.com/article/why-termination-price-clauses-matter