In the case of investments below NPR 6 billion, the foreign investment approving agency is the DOI. The DOI decides on an application for investment within seven days of submission of it.
While the foreign investment approving agency is IBN, in the case of investments above NPR 6 billion. IBN take decision on an application within 15 days from the date of receiving it. IBN’s approval follows a due diligence process carried out by a screening committee at the IBN Office.