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Commercial Laws

by dbusiness

Commercial law in Nepal governs the broad areas of business, trade, commerce, sales,
and consumer transactions. As seen in “How laws are formed” section, it is the parliament that enacts law. Commercial and other business laws include laws that cover area such as Foreign Investment, Company, Partnership, Banking, Insurance, Contract, Labor etc., and also govern all transactions by and with entities or individuals.

Key law that is of relevant are:

a) Foreign Investment and Technology Transfer Act

b) Companies Act

c) Labor Act

d) Contract Act

e) Bonus Act

f) Foreign Exchange Management Act

g) Partnership Act

h) Consumer Protection Act

i) Anti Bribery

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