Corporate Law Expert

Nepal's Competition Law, which is the Competition Promotion and Market Protection Act, 2063 (2007), is the main legal instrument that regulates the competition and market practices in Nepal. The law was enacted in 2007 with the aim of making Nepal's economy more open, liberal, market-oriented, and competitive by maintaining fair competition between or among the producers or distributors of goods or services, enhancing national productivity by developing the business capacity of producers or distributors by way of competition, protecting markets against undesirable interference, encouraging to make the produced goods and services available to the consumers at a competitive price by enhancing the quality of goods or services by way of controlling monopoly and restrictive trade practices, and maintaining the economic interests and decency of the general public by doing away with possible unfair competition in trade practices.

A tech startup is a new business that offers a technology-based product or service that solves a problem or meets a need in the market. Tech startups are usually innovative, scalable, and growth-oriented, and they often operate in emerging or disruptive sectors, such as e-commerce, fintech, edtech, healthtech, etc.Starting a tech startup in Nepal can be an exciting and rewarding venture, but it also involves various legal aspects that need to be considered and complied with. These include:

Commercial Contracts in Nepal is an article that provides a brief overview of the legal framework and practice of commercial contracts in Nepal, which are agreements between parties to carry out economic or business activities. The article also explains the main types, features and issues of commercial contracts in Nepal, as well as the dispute resolution mechanisms available for commercial contracts in Nepal.