The Tax Law service that we offer involves offering our clients legal guidance in all fields of taxation in Nepal, such as income tax, value added tax (VAT), and custom duties. Our services help our individual and business clients navigate Nepal’s complicated tax laws.
Tax laws in Nepal are contained in the following legislations; The Income Tax Act 2058 (2002), Value Added Tax Act 2052 (1996), and Customs Act 2064 (2007). Other relevant laws include those issued by the Inland Revenue Department and customs.
We support our clients in the following scope of work:
- Tax Advisory Services
- Provide tax advice on income tax, VAT and customs liabilities
- Support in tax planning and structuring
- Corporate Tax Compliance
- Assist corporate entities in tax return filings and compliance
- Advice on withholding tax and corporation related issues
- VAT & Indirect Taxation
- Assisting in VAT registration and tax return filings
- Input tax credit & compliance advice
- Customs and Import/Export Tax
- Providing advice on customs duty and valuation of goods
- Supporting import/export tax compliances
- Tax Disputes
- Support clients in tax audit proceedings
- Appeal & dispute handling with the tax authorities
- Tax Assessment & Tax Refund Claim
- Help clients to reply to tax assessment notice
- Prepare refund claims for tax refunds and adjustments
- International Taxation
- Advice on international taxation & double taxation
- Assistance to foreign nationals in tax compliances
- Transfer Pricing & Others
- Advice on transfer pricing regulations
- Assistance to MNCs in their compliance requirements
- Tax Registration Services
- Assistance in PAN, VAT and other businesses registrations
- Obtain necessary approval regarding taxation
- Tax Risk Management
- Assess tax risks and compliance issues
- Provide preventative legal advice on tax penal laws