Legal Compliance

Bohara Capital & Investment Pvt. Ltd. ensures full compliance with the laws and regulations of Nepal, including but not limited to business registration, tax compliance, and financial reporting standards. This section outlines our adherence to Nepal’s legal framework.

1. Company Registration: Our company is registered under the Office of the Company Registrar, Nepal. We ensure timely updates and renewals as per the legal requirements.

2. PAN and VAT Registration:

• Permanent Account Number (PAN): Obtained in March 2024, our PAN certificate ensures accurate tax reporting and compliance.
• Value Added Tax (VAT): VAT registration is maintained as required by the Inland Revenue Department for applicable services.

3. Tax Compliance: We adhere to Nepal’s tax laws, including:

• Filing timely Income Tax and VAT returns.
• Deducting and depositing Tax Deducted at Source (TDS).
• Ensuring compliance with all applicable tax rates and deadlines.

4. Financial Reporting: We maintain accurate financial records and ensure audits are conducted as mandated by Nepalese law. Our financial statements comply with the Nepal Accounting Standards (NAS) and are submitted to the relevant authorities annually.

5. Labor Law Compliance: We comply with Nepal’s labor laws, ensuring:

• Fair wages and timely payments to employees.
• Registration with the Social Security Fund (SSF) and timely contributions.
• Safe and equitable workplace practices.

6. Updates and Communication: We stay informed about amendments to laws and regulations and update our practices accordingly. Clients and stakeholders are notified of relevant changes that may impact services.

7. Contact Information: For inquiries regarding our legal compliance in Nepal, contact us at: Email: info@boharacapital.com

Bohara Capital & Investment Pvt. Ltd. is committed to maintaining transparency, ethical practices, and compliance with the legal standards of Nepal.