Govt to launch “Investment Express” to streamline investment process

KATHMANDU: The government has announced the implementation of an “Investment Express” concept aimed at making investment procedures faster, more transparent, and hassle-free.

Presenting the national budget for fiscal year 2083/84 in a joint session of the Federal Parliament on Friday, Finance Minister Dr. Swarnim Wagle said the new system will be introduced within three months through an automated route mechanism.

Under the initiative, services including company and industry registration, taxation, financial services, and visa processing will be integrated into a single digital platform.

Investors will be able to access information services, compliance reporting, and risk-based inspection mechanisms through one unified system, the minister stated.

The government also announced that projects approved by the Investment Board will no longer require separate approvals from other government agencies, ensuring faster implementation.

Similarly, investment-related visas will be made available for research and study purposes linked to approved projects.

Processes such as share transfer, tax clearance, asset valuation, loan repayment, dividend distribution, and liquidation will also be simplified under the reform plan.

The government expects these measures to boost both domestic and foreign investment while making profit repatriation easier and more efficient.