Private Firm vs. Company: Guide to Choosing the Right Business Structure in Nepal
For any entrepreneur standing at the starting line of a new venture, one of the first and most critical decisions is choosing the right legal structure. In Nepal, the terms “private firm” and “private company” are often used in conversation, yet they represent fundamentally different legal paths with profound implications for liability, ownership, and […]
Read MoreDoctrine of Piercing of a Corporate Veil/ Lifting a corporate veil
Piercing the corporate veil is a legal concept that allows the courts to disregard the separate legal personality of a company and hold its shareholders, directors, or officers personally liable for the company’s actions or debts. While incorporation provides a shield of limited liability, the corporate veil can be “pierced” under certain circumstances to prevent […]
Read MoreIncorporation of Separate Legal Entity
The incorporation of a company marks the beginning of its existence as a distinct legal entity, separate from its promotors, shareholders, and its management. This principle is not just a legal formality-it forms the backbone of modern corporate law and has far-reaching implications in both business and legal practice. The Doctrine of Separate Legal Personality […]
Read MoreA Detailed Guide to Company Registration in Nepal (2025)
Establishing a company in Nepal is a systematic process governed by the Companies Act, 2006 (2063 BS). Whether you’re a local entrepreneur or a foreign investor, understanding the registration process is key to setting up a legally compliant business. Types of Companies You Can Register in Nepal The Companies Act, 2006 categorizes companies […]
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