Build a well-defined market approach

Organizations exploring Nepal should begin with a clear commercial objective, an understanding of the intended sector and a plan for engaging credible local stakeholders. Regulatory and operating requirements vary by activity and may change, so current requirements should be confirmed with the relevant Nepalese authorities and qualified advisers.

Market-entry checklist

  • Define the proposed product, service, project, investment or partnership.
  • Research customer needs, routes to market and operating conditions.
  • Confirm current registration, licensing, tax, employment, immigration and sector-specific requirements.
  • Assess local representation, logistics, payments, contracts and after-sales support.
  • Protect intellectual property and confidential business information.
  • Verify counterparties, decision-makers and the authority to enter commitments.

Working with partners

A useful partnership proposal should set out each party's expected contribution, commercial model, milestones and responsibilities. Early discussion of practical constraints can prevent misunderstandings later.

How MNBC can help

MNBC can facilitate appropriate introductions and provide access to approved Council programs and resources. It does not issue regulatory approvals or certify the commercial standing of a proposed partner.