Employer of Record Nepal
Last updated
- Languages
- Nepali
- Currency
- Nepalese Rupee (NPR)
- Payroll Frequency
- Monthly
Expanding to Nepal? EOR (Employer of Record) Services Help You Hire Globally, Pay Locally, and Expand Effortlessly
Are you thinking about launching a project or expansion in Nepal? INS Global’s Employer of Record (EOR) services present a seamless solution for recruiting and overseeing employees, eliminating the necessity for establishing a local entity. Efficiently manage a globally dispersed workforce and swiftly enter new markets with the assistance of experienced HR recruitment and payroll professionals.
Want to have a Team in Nepal TODAY?
Show me how to grow my business now!
We prefer to let others grow their business.
Why Choose an EOR in Nepal Over Company Incorporation?
Establishing a new company in a foreign country is often overly complicated, especially if you aren’t familiar with local regulations or employment practices. Collaborating with a Nepalese EOR saves time on growing your business abroad, lowers expansion costs, ensures local compliance, and allows you to focus on growing your business within Nepal’s unique context.
PEO/EOR Vs Company Incorporation
The Advantage in Figures
| PEO/EOR | Company Incorporation | |
|---|---|---|
| Price | 80% Less Expensive | |
| Market Entry | 2-5 Days | 6 Months |
| Employee Turnover | Decrease by 14% | |
| Recommendation | 98% of the Current PEO Clients | |
| Administrative Fees | Saves an Average of $450 | |
| Costly Payroll and Compliance Fines | Help Avoid | |
| Company Growth Rate | 7 – 9% | |
| ROI | 27% | |
| Closed During Pandemic | -58% | |
| Contact Us Today |
The Advantages of Using an EOR or Professional Employer Organization in Nepal
Legal Compliance Assurance
Select an Employer of Record (EOR) service well-versed in Nepal’s regulatory landscape to ensure effective recruitment and supervision of an international workforce. This proactive approach protects against potential fines by offering support tailored to Nepal’s regulations.
Lower Expansion Costs
Partner with an Employer of Record in Nepal to expedite and simplify global growth while significantly reducing typical expenses associated with expansion. Scale your operations without establishing a new entity in Nepal while saving on overhead costs.
Focus On Company Growth
An Employer of Record in Nepal takes on all HR-related responsibilities on your behalf. This streamlines your operations and provides the freedom to focus solely on the international goals of your business.
Expand Effortlessly
Establishing a new company in Nepal can be time-consuming, ranging from several weeks to as long as 12 months. In contrast, teaming up with a local Employer of Record expedites the expansion process, allowing entry into the Nepalese market in as little as a week, ensuring a swift and efficient entry.
Manage Your HR Online
INS Global offers an efficient means to manage your diverse, global workforce in Nepal and elsewhere through a state-of-the-art digital platform. Utilize our advanced proprietary cloud-based HR system to easily oversee all your employees and their needs remotely.
How Does an EOR In Nepal Work?
INS Global’s EOR in Nepal facilitates your company’s expansion abroad in the following simple steps tailored to the Nepalese business environment.
- 1
We collaborate with your business to create a tailored expansion plan that meets your specific needs.
- 2
Our organization provides the legal entity needed to hire local staff or transfer them from abroad, ensuring compliance with Nepal’s legal requirements.
- 3
We handle all HR-related tasks, such as hiring, contract management, and payroll management, ensuring local compliance in Nepal.
- 4
Your employees focus on your goals while we take care of continuous and changing HR and legal compliance needs.
What are the Benefits of PEO And Employer of Record Services in Nepal?
Professional Employer Organization (PEO) services in Nepal handle various Human Resources tasks, serving as a strategic HR partner. On the other hand, an Employer of Record (EOR) in Nepal possesses the legal authority to hire and manage employees on your behalf, streamlining the process from start to finish in accordance with Nepal’s employment regulations.
INS Global offers both choices, ensuring that whether you need an EOR or PEO in Nepal, you have the support you need to expand comfortably, providing flexibility tailored to Nepal’s business environment.
INS GUIDES
Check Our Labor Law Guides
Learn how the Labor Law Guide is applied in all aspects and situations, from an employer and employee perspective. Download the Guide
Labor Law in Nepal
Employment Contracts in Nepal
- Professional employment in Nepal typically starts with an official letter of employment.
- In most cases, employers can include a 6-month probation period in their contracts.
- An employer can end an employment contract early if the employee violates the conditions of their contract.
- Employees are entitled to notice depending on their length of service. If employment is less than 4 weeks, then notice is simply 1 day. If the length of service is more than 4 weeks but under a year, then the notice period is 7 days. Longer than a year of service comes with a 1 month notice period.
- Severance pay is set at 30 days of pay per year of service for the company. If the length of service is under a year, the severance is proportionally calculated.
The working week in Nepal runs from Sunday to Friday.
Full-time employees generally work 8 hours per day, 48 hours per week.
Employees are not allowed to work more than 40 hours per week without receiving overtime pay.
Employees are entitled to a higher hourly rate for overtime. This is 150% of the basic rate.
Types Of Leave
Nepal has 25 official national holidays.
Employees are entitled to 18 days of paid annual leave every year.
When an employee is unable to attend work due to illness, they need to get a doctor’s note and present it to HR as soon as possible.
Employees are entitled to up to 12 days of sick leave.
Employees can claim from social security after the 12th day of sick leave.
According to Nepalese law, female employees are entitled to 14 weeks of maternity leave.
Maternity leave can be claimed from social security.
Male employees are entitled to 15 days of paternity leave.
Tax Laws in Nepal
- Employers in Nepal are responsible for withholding all taxes and social contributions.
- Employers contribute the equivalent of 20% of the employee’s salary, while employees contribute 11%, towards social security.
- The corporate income tax rate is set at 25% for both local and foreign companies.
- Personal income tax ranges from 0% to 30%.
Contact Us Today
Frequently Asked Questions
Global Employer of Record is an effective solution for companies looking to expand their workforce abroad effortlessly.
This approach allows you to outsource the international hiring process quickly and efficiently, providing access to a global talent pool while still managing payroll compliance in each country.
Start Hiring Today