Industries we serve in depth.

Every sector we serve carries its own regulators, reporting demands and commercial pressures — and our teams are organised around them. Select a sector to see how our audit, tax, accounting, risk and advisory capabilities apply to your industry’s specific questions.

Full list

Sector coverage

12 industries

Banking

Nepal's banks face rising prudential demands — NFRS 9 expected credit loss, Basel-aligned capital, interest-rate risk in the banking book, and NRB's evolving Unified Directives. We support commercial banks, development banks, finance companies and MFIs with ECL modelling and validation, ICAAP, risk-based internal audit, IS audit, AML/CFT reviews, and NFRS-to-NRB reporting reconciliation. For NRB-framework mergers and restructuring, we deliver due diligence, swap-ratio analysis and post-merger accounting. Related Services include
Risk & Financial Advisory — Risk modelling, ICAAP, model validation. Gap Analysis and implementation support
Audit & Assurance — audit, risk-based internal audit, revenue audit, IS/IT audit.
Accounting Advisory — NFRS application and regulatory-to-NFRS reconciliation.
Valuation & Transaction Advisory — merger due diligence and swap-ratio analysis.
Tax & Regulatory — corporate tax and withholding compliance for Banks.

Insurance & Non-Bank Financial Services

New regulations and NFRS 17 are resetting capital, governance and measurement across the sector. We support life and non-life insurers, and reinsurers with NFRS 17 methodology and transition, opening balance sheets, solvency and capital reporting, and audits. For consolidation transactions, we deliver due diligence, valuations and portfolio-transfer accounting. Related Services include
Accounting Advisory — NFRS 17, NFRS 9, NFRS 13 methodology and transition.
Risk & Financial Advisory — solvency, capital modelling and ORSA implementation
Audit & Assurance — Financial and regulatory audits.
Valuation & Transaction Advisory — consolidation transactions.
ALM & Investment Strategy — ALM implementation into risk models

Energy, Power & Natural Resources

Hydropower anchors Nepal’s project pipeline — DoED licensing, ERC-regulated tariffs, mandatory local IPOs and blended international finance. We advise developers, IPPs and investors on construction-phase capitalization and borrowing costs, project and statutory audits, lender reporting, sector tax concessions and VAT, IPO readiness, project and equity valuation, and ESG reporting aligned to development-finance lender expectations. Related Services include:
Audit & Assurance — project audits and lender reporting.
Accounting Advisory — capitalization and componentization.
Tax & Regulatory — sector concessions and project taxation.
Valuation & Transaction Advisory — equity transactions and IPO readiness.
Sustainability & ESG Advisory — lender-aligned ESG reporting, and NFRS S1/S2 reporting implementation

Manufacturing & FMCG

Manufacturing margins are won in the details — customs valuation, excise, inventory costing, related-party import pricing and Industrial Enterprises Act incentives. We serve food and beverage, consumer goods, building-materials and industrial manufacturers with customs, excise, VAT and transfer pricing advisory, inventory costing, financial audit and internal-control reviews, FDI structuring under FITTA, NRB and Tax Regulations, plant and business valuation, and payroll and accounting outsourcing. Related Services include:
Tax & Regulatory — customs, excise, VAT and transfer pricing.
Audit & Assurance — Audit and control reviews.
Accounting Advisory — costing and NFRS application.
Corporate Advisory — FDI structuring and expansion; alternative structures for manufacturing
Managed Business Services — payroll and accounting outsourcing.

Telecommunications & Internet Services

Operators and ISPs carry one of Nepal’s heaviest levy stacks — royalty, RTDF, spectrum and licence fees under the NTA — alongside revenue-recognition and network-capitalisation complexity. We advise on levy computation and disputes, cross-border withholding, the tax interface for non-resident payments, NFRS 15/16 application, capitalisation policy, audit and revenue assurance. Related Services include:
Tax & Regulatory — levies, withholding and transfer pricing.
Accounting Advisory — NFRS 15/16/9 and capitalisation policy.
Audit & Assurance — Audit and revenue assurance.
Risk & Financial Advisory — revenue-leakage and control reviews.

Infrastructure & Construction

Contract accounting drives this sector — progress-based revenue, variations and claims, retention and mobilisation advances, JV structures and EPC guarantee exposure. We support contractors, developers and PPP sponsors with construction-contract accounting under NFRS 15, project and joint-venture audits, consortium and PPP structuring — including Investment Board-routed projects — and contractor withholding and VAT positions across long-duration contracts. Related Services include:
Accounting Advisory — contract and concession accounting.
Audit & Assurance — project and JV audits.
Corporate Advisory — consortium and PPP structuring.
Tax & Regulatory — contractor taxation, transfer pricing and VAT.

Private Equity & Investment Funds

SEBON’s Specialized Investment Fund framework licenses private equity and venture capital in Nepal, and foreign funds deploy through FITTA-approved structures. We support fund managers and investors with formation and licensing, NAV computation and fund audit, LP reporting, financial and tax due diligence, portfolio and exit valuation, transaction support, and the tax and repatriation pathway for gains and distributions. Related Services include:
Valuation & Transaction Advisory — due diligence and portfolio valuation.
Corporate Advisory — fund structuring and FITTA approvals.
Tax & Regulatory — gains, distributions and repatriation.
Audit & Assurance — fund and portfolio audits.

Pharmaceuticals & Healthcare

The sector sits between drug regulation and trade compliance — DDA registration, GMP expectations, price-controlled products and tightened customs declaration rules for pharmaceutical imports. We serve manufacturers, importers and healthcare providers with customs classification and declaration compliance, transfer pricing on API and finished-product imports and on intra group services, audit, and financial management and reporting for hospitals and healthcare groups. Related Services include:
Tax & Regulatory — customs declaration compliance and transfer pricing.
Audit & Assurance — audit across the supply chain.
Managed Business Services — accounting. payment support and Payroll management for local operations.
Accounting Advisory — costing and NFRS application.

Technology & Digital Operation

Nepal’s technology sector spans IT-service exporters, domestic platforms and non-resident digital businesses within the digital service tax and significant-economic-presence net. We advise on export-income tax concessions, repatriation, transfer pricing for intra-group services, DST/SEP exposure assessment and compliance, software and platform revenue recognition, share-based payment accounting and valuation, and inbound investment and IP structuring. Related Services include:
Tax & Regulatory — export concessions, DST/SEP and transfer pricing.
Accounting Advisory — revenue recognition and NFRS 2.
Corporate Advisory — investment and IP structuring.
Valuation & Transaction Advisory — fundraising and ESOP valuations.

Startups & High-Growth Enterprises

Early-stage companies fail diligence for avoidable reasons — informal books, undocumented related-party flows, unpriced instruments, unreconciled cap tables. We build finance functions that scale: outsourced accounting, payroll and CFO support, investor-ready reporting, accounting for SAFEs, convertibles and preference shares, fundraising models and valuations, ESOP design and measurement, and the FITTA pathway when foreign capital arrives.
Managed Business Services — outsourced accounting and CFO support.
Valuation & Transaction Advisory — fundraising valuations and diligence readiness.
Corporate Advisory — instruments, cap table and FITTA.
Tax & Regulatory — founder, ESOP and company tax.

Government & Public Sector

Public entities are judged on transparency and delivery. We support ministries, state-owned enterprises, local governments and public agencies with public financial management diagnostics, public-sector accounting standards implementation, procurement compliance under the Public Procurement Act, internal-control design, statutory, compliance and performance audits, and SOE restructuring and corporatisation ahead of divestment or listing.
Audit & Assurance — Financial, compliance and performance audits.
Risk & Financial Advisory — internal-control and PFM frameworks.
Accounting Advisory — public-sector accounting standards.
Managed Business Services — accounting support for public entities.

Development Sector, I/NGOs & International Agencies

Donor-funded work demands its own discipline — grant-line fund accounting, Social Welfare Council approvals, sub-grantee monitoring, expatriate taxation and donor-specific audit formats. We serve international agencies, INGOs, NGOs and development partners with project and fund-management audits, fiduciary reviews, monitoring and evaluation, tax facilitation for privileged projects, expatriate tax compliance, and grant accounting support. Related Services include:
Audit & Assurance — donor-funded project and fund audits.
Tax & Regulatory — expatriate tax and project facilitation.
Managed Business Services — grant and fund accounting.
Risk & Financial Advisory — fiduciary reviews and M&E.