BUSINESS VISA FOR WHOM?- Rule 9 of Immigration Rule 2051
RESPONSIBLE AUTHORITY: Department of Immigration (grant, regulate and renew business visa)
Recommendation letter from Department of Industry or concerned line agency of Government
Bio Data ( for first time applicants)
Foreign Investment Acceptance letter from the Department of Industry
Copy of Company Registration Certificate
Copy of PAN/VAT certificate
Copy of Share certificate
Copy of Industry Registration Certificate
Copy of Passport and latest visa
Latest tax clearance (regular visa)
Industry Monitoring and Supervision report
Progress report of company or industry (for renewal)
Certified copy of operation of a bank account in the name of the company
STEP 1- a) Receiving the recommendation letter from DOI (Industry) or concerned line agency of government of Nepal
b) DOI will conduct inspection before providing the recommendation.
STEP 2- The DOI (Immigration) will provide the business visa based on the recommendation letter.
PERIOD OF ISSUE:
Issue for at least a month up to 1 year or for whole five years at a time
Can be renewed
BUSINESS VISA FEE:
Business Visa Processing fee varies with the amount of investment made.
Investor investing less than 10 million (NRS) – USD 35/month, USD400/year, USD 1000 for five years
Investor Investing more than 10 million (NRS) – USD 20/month, USD200/year, USD 500 for five years
Investor Investing more than 100 million (NRS) – No
If Business Visa applicant has made investment of more than 10 million (NRS), ‘Share Details’ is mandatory along with other necessary documents for visa processing.
Immigration Act 1992
Immigration Rules 1994
Foreign Investment and Technology Transfer Act (FITTA) 2019
Disclaimer: This writing is prepared to share general information only and for legal purposes, advice of legal professionals is must.
ADVOCATE AJAYA SHRESTHA
ADVOCATE PRABIN SHRESTHA
FOR DETAIL INFORMATION:
Worldwide Legal Service
Mail to: [email protected]