Taxation practice in Nepal is still to grow in terms of clarity in law & transparency in tax administration. Businesses are facing challenges in complying with tax legislations because of various reasons.

So, helping our clients to comply with tax laws and minimize their tax hassles is among our main service goals. We offer specialist services in all of the spheres of tax which an organization is likely to encounter in its quest for commercial success. With a global network of corporate tax and expatriate tax specialists, we can also provide you support on taxation issues involving other countries.

Corporate taxation service:

Our corporate taxation service includes:

• Advising on Nepal’s tax compliance requirements and preparing the necessary returns and declarations.
• Supporting on applications for administrative reviews and appeal to revenue tribunal, including regular legal services in association with legal consultants of Baker Tilly Nepal
• Negotiating with tax authorities to secure rulings and resolve disputes
• Advising on available tax incentives
• Carrying out due diligence into the tax affairs of acquisition targets

Expatriates Tax:

We can help expat employees in Nepal and their employer by providing full spectrum of technical and practical advice in looking after the needs. Some of the ways in which we can help include:

• Entry interviews to familiarize newly arrived expatriates with the tax and social security systems in Nepal, to explain how they will be affected by the systems personally and to advise on any personal financial planning measures from which they might benefit
• The preparation of tax returns for expatriates for the duration of their employment in Nepal
• Dealing with any other filings with which they will need to comply during their stay
• Exit interviews at the end of the secondment, to tidy up any loose ends.

Individual Tax:

Our individual taxation service includes:

• Helping you obtain PAN from Income tax office and supporting you in filing tax returns.
• Helping you calculating your tax liability and advising you on tax planning measures
• Training on employment and business taxation.

Value Added Tax:

Our VAT service includes:

• Helping you maintain books of accounts as per VAT Act and Rules
• Preparation of VAT Returns and its submission
• Technical advice on VAT assessment by revenue authorities

Whether it is describing the differences in reconciliations of published accounts or providing a clear audit trail for boards and auditors, our conversion tools and proven methodology can ensure a smooth and painless transition to IFRS.

Please use contact form to contact Baker Tilly Nepal for the services or email us at contact@bakertillynepal.com.