Google, Facebook, Microsoft are registered in Nepal's tax system

Jul Sat 2023 03:03:54

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Google,  Facebook,  Microsoft  are registered in Nepal's tax system

International six technology companies including Google, Facebook and Microsoft  are registered in Nepal's tax system. In order to bring the foreign companies dealing in electronic services in Nepal under the scope of taxation, the government made provision regarding electronic service tax (digital service tax) through the financial act of the current financial year. According to the same arrangement, 6 foreign companies have been registered so far, said Sadhuram Pudasaini, the tax officer of the Big Tax Payers Office.

According to the Big Tax Office, three companies with offices in Singapore, Google Asia Pacific Pvt Ltd, Microsoft Regional Sales Pvt Ltd and LinkedIn Singapore Pvt Ltd have been registered. Similarly, NCS Pearson Incorporation with Bloomington address in the United States and Ibsco International Incorporation with Wilmington County of New Castle address are also registered in the big tax office. Meta Platforms Ireland Limited with Dublin Ireland address is also registered in Nepal.

Among the companies registered in Nepal so far, Google Asia Pacific Private Limited is the Mau company of Google, one of the world's largest search engines. Similarly, social networks Facebook (including Instagram and WhatsApp) and LinkedIn have also been registered. Among the other registered companies, NCS Pearson Corporation makes various types of mobile applications, while Ibsco Corporation is a company related to research platforms and database management. Microsoft is also one of the world's largest companies in the field of software development and information technology.

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