Our Blog

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.

Cross-border transactions, which refer to the exchange of goods, services, and money across national borders, are essential for Nepal's economic development and integration. Nepal is a landlocked country that relies heavily on trade with its neighboring countries, especially India and China, for its imports and exports. However, cross-border transactions in Nepal face many challenges and barriers, such as high costs, delays, inefficiencies, risks, and regulations.

Blockchain technology, which is a distributed ledger system that enables secure and transparent transactions without intermediaries, has been attracting attention from various sectors and industries around the world. However, in Nepal, the legal and regulatory framework for blockchain technology and its applications, such as cryptocurrencies, is still unclear and underdeveloped.According to the Nepal Rastra Bank (NRB), the central bank of Nepal, all transactions related to or regarding cryptocurrencies are illegal in Nepal. In 2017, the NRB issued a notice that warned the public against the use of cryptocurrencies and stated that any involvement in such activities would be punishable by law. The NRB also arrested several people for allegedly running bitcoin exchange businesses in Nepal.

Many Nepali have been choosing Dubai and other cities in the United Arab Emirates (UAE), as their destination to work and enhance their career. It is not uncommon that Nepali couples get married in the United Arab Emirates, some of them even embrace full-on Nepali culture and traditions. However, not all marriages are happy and lasting. Some Nepali couples may face marital problems and decide to end their relationship. But how can they get a divorce in Nepal from Dubai?

The first step is to decide whether you and your spouse agree to divorce or not. If you both agree, you can opt for divorce by mutual consent, which is the fastest and easiest way of divorce. If you don't agree, you can file for divorce by court order, which may take longer and involve more legal procedures.