Nepal’s logistics performance index is 2.59. This indicates satisfactory performance - in general, traffic is managed well, some deficiencies in certain areas are possible, but overall the logistics system works reliably and is ready to handle predictable traffic volumes.

Customs performance is rated at 2.31. This indicates mediocre performance - although the clearance processes are rather ineffective, they do not unduly hinder international business activities, occasionally fees and/or required documents can be unpredictable, and long clearing times can also be an issue.

The infrastructure quality in Nepal is rated at 2.26. This indicates mediocre quality - roads, railways, ports and other facilities are capable of handling reasonably significant traffic volumes, but are not sufficient to ensure smooth transit at all times.

International shipping quality is 2.64. It indicates satisfactory performance - the services are adequate and the prices are not too high and usually correspond exactly to the quality, although there is still room for improvement.

The competence of the logistics service providers is rated at 2.5. The providers are competent - they ensure a good quality of their services and almost always maintain this level; Defects are still possible, but are usually minor and do not constitute an incentive for continued employment by the provider.

The tracking options for shipments are rated at 2.72. It indicates satisfactory performance - the tracking systems provide all basic information as well as additional data about shipments; In most cases there is also well-established cooperation with foreign and international tracking systems and information is usually provided in several languages.

The tracking options for shipments are rated at 3.06. This indicates satisfactory performance – most shipments arrive on time and within scheduled timeframes; Late arrival is still possible, although unusual.

In Nepal, 76.3% of the population has access to electricity. Nepal has 47 airports across the country. There are 41,256 internet hosts in Nepal.

Road network
The total length of roads in Nepal is 17,282 km (10,741 miles). Of these, 0 km (0 miles) of roads are classified as highways, expressways or highways.

Gas price
On average, you would pay USD 1.31 for a liter of petrol in Nepal. A liter of diesel would cost $0.75.

Nominee services are typically provided by an intermediary to conceal the beneficial owner's business. Nominee services relate to nominee shareholders and nominee directors. As a rule, the nominee service should also include a PO box service (office address for correspondence purposes). Nominee services are suitable for large corporate structures for tax planning purposes and often involve international elements. For example, the beneficial owner is located in a different country than the company itself.

Nominee shareholder services are normally performed on the basis of a declaration of trust whereby the nominee declares that they hold shares on behalf of someone else and have no authority to make decisions in the company, vote at a shareholders meeting or receive dividends, unless: the customer has expressly instructed it. The nominee has no rights to sell shares unless requested by the client. However, the Client and the Agent may agree on specific tasks for the Agent to perform. Such duties are often delegated to lawyers and attorneys who are professionals in the field and can protect the interests of the client.

Nominated director, also called 'shadow director', who normally only appears for official records, while the company is in effect ruled by the client by power of attorney. Based on the authorization, the customer can open a bank account and assume full management and control of the company.


Benefits of nominee services
The benefits of using nominee services are evident in cases where a business owner wishes to maintain their privacy and reduce access to official records or does not want their name to be associated with the business in question. In addition, there may be situations where an individual has restrictions on performing the proposed activity or where the law requires local management, such as a local secretary in Hong Kong.

When quick action is required to register a company abroad in the event the client is unable to travel, it is often more convenient to temporarily appoint a local company director. When intending to open a business in a foreign jurisdiction such as the British Virgin Islands, Belize or Hong Kong, it can be physically difficult to appear in person.

Nominee services usually guarantee confidentiality and anonymity. However, disclosure is sometimes made to banks or investigative authorities during court proceedings.

The nominee services are often used for tax planning and wealth protection purposes. If the ultimate beneficiary of the full corporate structure resides in low-tax jurisdictions, it should enjoy the benefits of the low-tax regime for the dividends received from the profits generated.

Other benefits derive from the country of registration and are often related to financial statements and reports. In some tax haven jurisdictions there is no requirement to file the annual form, hence low auditing and accounting requirements which offer certain advantages if the individual is willing to increase privacy and confidentiality and hide their assets.

Nominees
The term "nominee" may refer to a nominee director or a nominee shareholder. Confidus Solutions can offer you both services worldwide, depending on your company structure and your personal goals.

Nominated Director
The nominated director is usually a local resident. However, it can also be a person from abroad, since there are no special requirements. Nominee Director should be an individual or a private person. In some countries a director is an institution, so the director could be a collegiate body.

Nominee shareholder
For the purposes of nominee service in certain jurisdictions, the nominee shareholder is typically an individual private individual. Depending on the individual case, the person may be resident or non-resident.

Confidus Solutions nominees
It is possible to combine nominee services and expand the corporate structure to two level nominees. Nominee Director and Nominee Shareholder should not necessarily be the same person or located in the same jurisdiction. There can be different solutions for tax planning purposes.

Multinational companies and governments around the world are increasingly looking to Africa as a new business destination. Africa's economy has grown at a rate of around 5.3% per year over the last decade and six of the world's ten fastest growing economies are located here. These countries have a fast-growing middle class that contributes to rapid urbanization that is increasing faster than their cities' infrastructure can keep up. It is a common misconception that many economies in Africa are heavily dependent on energy production. In reality, the oil and gas sector accounted for only 11% of Nigeria's GDP in 2014, while the construction sector accounted for 20%.

When considering doing business in Africa, it is not a matter of choosing just one country or all 54; A regional approach makes more sense. Sub-Saharan Africa, for example, refers to sub-Saharan countries such as Angola, Kenya, South Africa and Nigeria. Many companies already doing business in Africa are separating their businesses in North Africa and Sub-Saharan Africa due to the stark economic, linguistic and cultural differences between the two regions. Here are our top 5 African countries for doing business:

Mauritius
Mauritius is known for offering an extremely favorable business environment for investment and business growth. The process of incorporating a company and starting new business activities in Mauritius is believed to be straightforward and relatively easy. Mauritius' economy is mainly based on textiles, tourism, sugar and financial services, although recently other sectors such as renewable energy and information technology are expanding rapidly. The World Bank ranked Mauritius 49th in its Doing Business 2017 ranking, largely due to its pro-business approach to dealing with building permits, enforcing contracts and protecting minority investors. Another ranking of African countries places Mauritius first based on factors such as law and security, economy, human development and human rights.

Rwanda
Despite nearly a decade of Rwanda's civil war, the country's leaders and citizens alike have worked to achieve a healthy business climate and a strong overall economy. According to the World Bank, Rwanda is the second easiest place to do business in Africa and ranks 56th in the Doing Business ranking. This is because the procedures for registering a property, obtaining credit and trading across borders have been greatly simplified. Tourism is currently the fastest growing sector in Rwanda. According to our research, businesses can be incorporated and operating in as little as three days.

Botswana
Since gaining independence, Botswana has had one of the fastest per capita economic growth rates in the world. As the government works to diversify the country's profitable industries, the mining of diamonds and other precious metals is currently the main contributor to the country's economy. Recently, Botswana has managed to reduce the time it takes for various processes including import and export and business formation procedures. In addition, technological upgrades have reduced the average court length for commercial disputes to 625 days (from 987 days in 2008). Thanks to these improvements, Botswana ranks 71st in the World Bank's Doing Business 2017 ranking.

South Africa
South Africa's key industries are automobile manufacturing, tourism, mining and information and communication technologies. South Africa has managed to simplify its import and export procedures, resulting in less time and fewer documents required. In addition, the South African authorities have simplified tax legislation, reducing the number of hours required to prepare tax reports. The World Bank ranked South Africa 74th for ease of doing business in 2017.

Kenya
Another country to keep an eye on is Kenya, which is currently making huge investments in sectors such as telecom, transport and energy. With a tech-savvy workforce and high-speed internet, Kenya stands out as one of the top countries in Africa for tech startups, while its diversified economy, strong ownership rights, excellent tourism sector and improving infrastructure make it a great location for general start a new company. If you have further questions about company formation or banking in Africa. Please contact us now.

Some business people find that virtual offices are an easy and inexpensive way to go global. Others think it offers an opportunity to maintain the most important thing required for successful e-commerce and marketing today - a business presence that can be established in any market.

According to Wikipedia and Investopedia, the virtual office offers address and communication services for a fee without the provision of dedicated office space, as it is a business location that only exists in cyberspace and allows employees and business owners to work from anywhere using technological means to work – personal computer, laptop, notebook or tablet.

Benefits of using a virtual office
A full application of a virtual office term can include live professional communication. This means that all business appointments can be conducted online via telephone and video conference. Business documents can be shared, signed and sent electronically. There are some significant benefits of doing business in cyberspace.

Most important might be the fact that if the company has several or more employees, each of them can do their work from the place that is most convenient for him or her, having the right to his or her own lifestyle, sleeping and resting is maintained habits and other requirements that can be customized. This means the company is not limited to hiring by expanding employee employment opportunities and corporate hiring opportunities.

This way of transacting and arranging business is creating new professional fields as professional as remote receptionists who can use high tech computer phone integration software to communicate with customers, virtual assistants who don't have to meet their customers in person and assist them instead virtual and other members of the virtual team.

Virtual teams can offer services such as answering machines and call centers operating from a central location to receive and transmit large numbers of inquiries over the phone, voicemail, which is basically a low-cost technology service that stores voice messages electronically , Voicemail messages can also be converted to e-mail letters to ensure high virtual mobility, virtual office space, ensuring a chance to have a high-profile, respected address in a city of the employee's own choice, telephone answering service, the bridges the gap between the employee and his or her customers.

In general, the creation of virtual offices aims to increase and increase efficiency while combining home and work together. It saves money, increases mobility and allows for cost-effective expansion without long-term commitments, keeping office costs to a minimum.

Disadvantages of using a virtual office
The other side of a virtual office is that it lacks centralization, which creates difficulties when daily work meetings and appointments are reduced. Employees have to be very proactive here in order to maintain the existing structure. The lack of interaction can also increase when there is no planned everyday communication. These are the interactions that come with a traditional work environment, like lunch breaks and conversations with coworkers about work, life, and relationships. When working remotely, communication in general can also be difficult.

The lack of a face-to-face meeting increases the likelihood of misunderstandings and misinterpretations, since in this case words sent via email or written may lack the non-verbal cues and tone of voice that could make it easier to understand what the person said and how he said it or she feels.

There is also a lack of opportunities to plan and schedule meetings, for example to meet a client at short notice, as it is not possible to arrange meetings in a specific location called an office space or office building.