Overview of the Foreign Investment and Technology Transfer Regulations, 2021
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Overview of the Foreign Investment and Technology Transfer Regulations, 2021 at Rajiya Law Associates
Foreign Investment & Technology Transfer Act (FITTA) Regulatory Framework
The revised regulations under FITTA seek to streamline foreign capital inflows while protecting intellectual assets transfer inside Nepal.
1. Approval Authorities
FDI projects are approved by either the Department of Industries (for projects under NPR 6 Billion) or the Investment Board of Nepal (IBN) for projects exceeding that cap.
2. Technology Transfer Agreements (TTA)
Licensing of international trademarks, patents, designs, or technical know-how to local Nepalese firms must be registered and approved by the DOI to facilitate royalty repatriation.
3. Automatic Route Eligibility
The government has introduced simplified automated approval channels for specific sectors to fast-track small and medium foreign enterprises.
Rajiya Law Associates manages the complete FDI lifecycle, securing investment approvals, drafting TTAs, and handling central bank reporting.
Our legal associates offer end-to-end consultancy and litigation services in this sector. We assist with regulatory filings, compliance audits, dispute resolution, and contractual drafting to safeguard our clients' interests.