Nepal is a small, but a potential market for US exports of goods and services, government supplies, and investment into various infrastructure sectors. However, there are challenges in doing business in Nepal. The decision making process by the government, the banking system, the foreign exchange regime, and labor issues often pose greater challenges to foreign exporters and investors. The Economic/Commercial Office of the US Embassy, Kathmandu helps US businesses with any information on doing business and investment in Nepal. US businesses are always urged to contact the Econ./Com. officers in the Embassy before they launch on their business project in Nepal. The Investment Climate Statement and the Country Commercial Guide, Nepal, annually updated by the US Embassy, Kathmandu, are great sources of key and useful business related information. Both these documents are available online on the business page of the US Embassy, Kathmandu.
Use of a local business attorney is advisable to help navigate through, often cumbersome, bureaucratic and legal process of setting up business and investing or signing contracts with government or private business entity in Nepal. A strong local partner is also important and useful for US businesses new to Nepal’s market, in some cases mandatory.