Government unveils fast-track plan to ease startup regulations
Summary
The Nepalese government has introduced a Startup Fast Track Working Plan 2026 to simplify regulations, ease compliance, and expedite access to subsidised loans for startups through legal reforms and coordination among agencies.
Key Points
- The government has launched a Startup Fast Track Working Plan 2026 to reduce regulatory hurdles and improve service access for startups.
- Startups can file tax details annually for the first three years instead of quarterly under the new provisions.
- Legal reforms include enabling startups with no liabilities and employees to dissolve within seven days and allowing dormancy for up to three years.
- The plan emphasizes coordination among federal, provincial, and local bodies to streamline registration, loan disbursement, and business support services.