Exim code refers to export import code. If you want to start an export- import business in Nepal, you need to obtain an exim code registration from the Department of Customs, Nepal. Exim code is required at the time of exporting and importing goods and products from and to foreign countries. This code is mandatory for businesses engaged in international trade (importing and exporting goods).
The minimum paid-up capital required to get the EXIM Code is NPR 10,00,000 (Nepalese Rupees Ten Lakhs). However, the requirement of minimum paid-up capital may vary based on the nature of the company.
Documents required for EXIM registration in Nepal
- Citizenship of all directors, shareholders or proprietor
- Copy of the business registration certificate
- Copy of PAN/VAT certificate
- Bank recommendation letter
- Tax clearance certificate
- Share Lagat
- Bank Guarantee of NPR 3,00,000 (Nepalese Rupees Three Lakhs) from the Commercial Bank of Nepal
- Board Meeting Minute mentioning whose photo and signature will be used in Exim Certificate
- Application Letter
Exim code is import and export license for the business. Four Ace Business Solution support and help in Exim code registration in Nepal.