Welcome R. Shrestha & Associates in Becoming a 3E Accounting Pte Ltd Global Accounting Alliance Member in Nepal
R. Shrestha & Associates specialize in offering quality accounting, tax, audit, boutique and tax advisory and financial management services for domestic and international businesses.
Nepal is located in a country in the Himalayas in South Asia. It spans over 143,351 square kilometres of land and there is a total of 3,830 square kilometres of water making it 94th in the world in terms of size. The population of Nepal is 26 million, and that is 0.39% of the world’s population.
Nepal also uses liberal economic policies, and a couple of incentives to develop a good investment climate. There are also Special Economic Zones in different parts of the country, which open more opportunities for investors. They experience advantages with more lenient regulations and faster services provided by the government. Their government exerted efforts to have a more competitive investment environment by offering attractive incentives and better facilities. That is why foreign investors are willing to invest in Nepal. In addition, Nepal has a low labour cost.
Economic Growth Of Nepal
In addition, the natural resources of Nepal are one of the reasons why they have good economic growth. There is a huge hydropower opportunity in Nepal that has 830,000 MW and 43,000 of it is economically valuable. Apart from that, the government has been actively making efforts to encourage foreign investors to explore this sector to garner and develop hydropower. Tourism is another one that opens foreign investment opportunities.
With its favourable location between China and India, Nepal has also a positive investment climate and with the help of Alliance Member, there will be a lot more investment opportunities. Foreign investors have 100% ownership of their company in nearly every sector. This makes it very easy for them to do business and to supplement domestic private investment. This is done through the transfer of technology, foreign capital flow, management enhancement skills and productivity to enter the global market. Nepal’s partnership with Alliance Member will truly be helpful.
About The Company
3E Accounting Pte Ltd is a leading company headquartered in Singapore. The company is focused to creating a strong network of independent accounting and consulting firms across the globe, facilitating clients who wish to venture into new markets and territories smoothly.