Travel companies failing to renew license to lose registration after 6 months
30th Aug, 2018 | Tourism Mail Crew
KATHMANDU, Aug 30: The Tourism Department has declared new amendments to its rules regarding the travel and trekking companies. According to the new amendments, travel and trekking companies who fail to renew their license 6 months after expiry will have their license rescinded.
In a notice circulated to the Trekking Agencies' Association of Nepal (TAAN) and the Nepal Association of Tour and Travel Agents (NATTA), the Tourism Department announced amendments to rules for travel and trekking agencies. According to the new arrangements, travel companies will now have to renew their license before the expiry date by paying Rs. 25,000 royalties.
If a company fails to renew its license before it expires, then it will have to pay 25% more on top of the original Rs. 25,000 in royalty to renew its license until 3 months after the license expires. From 3 months to 6 months after the license expiry, the travel company will have to pay 50% more along with the original royalty sum. Failing to renew the travel license after 6 months will lead to the company's license being rescinded.
Travel companies will also have to insure its workers and guides accompanying tourists through the duration of their expeditions at a domestic insurance company for an amount no less than Rs. 1 million.