Major Challanges are as;
1. Corrupt bureaucracy
2. Precarious political situation
3. Unclear tax laws and corrupt tax administration
4 . Low credibility in the judicial system
5. Influence of specific business groups in policy-making processes
6. Challenges in acquiring qualified human resources
7. Significant challenges in the repatriation of investments
8. Foreign investors often prioritize connections with friends and relatives over seeking out professional expertise when making investment decisions.
Is the business setup in Nepal near to impossible?- Certainly! While setting up a business in Nepal can pose challenges, it's not impossible. By following the right steps and procedures diligently, you can establish your business successfully.
Each point will be explained individually in response to your queries.
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