Supporting entrepreneurship in Nepal

Here are few suggestion

1. Establish ‘Single Window Clearance’ mechanism for starting a business, and establish time-bound processes for the same.
2. Set up online information and application portal for processes relating to doing business.
3. Permit self-regulation and self-compliance for businesses with turnover less than Rs 25 crore. Stringent penalties may be used to prevent potential misuse.
4. Facilitate labour law reform and ease compliance norms with labour laws. This is essential in triggering entrepreneurial activity in core sectors.
5. Ease investment and exit norms for equity investments into early stage ventures.
6. Establish expeditious procedures for closing of businesses, thereby bringing down the time, cost and complexity of doing so.

Source: StartupCentral