Register a Company in Nepal

Nepal is a landlocked country in South Asia, with a population of about 29 million people. Nepal has a diverse and rich culture, history, and natural beauty. Nepal is also a developing country, with a lot of potential and opportunities for business and investment.

If you are interested in starting or expanding your business in Nepal, you will need to register your company with the Office of the Company Registrar (OCR), which is the government authority responsible for company administration and regulation in Nepal. The OCR is under the Ministry of Industry, Commerce and Supplies, and has its headquarters in Tripureshwor, Kathmandu.

The OCR provides online and offline services for company registration, as well as other related services such as company search, company education, company information, revenue/taxation, data publication, etc. The OCR also implements and enforces the Company Act 2063, which is the main law governing companies in Nepal.

Step 1: Reservation of Company Name at OCR

The first step is to reserve your company name at the OCR website1. You will have to check if the company name you want to use is already taken or not. You can do this by using the company search function on the website.

If the company name you want to use is available, you can reserve it by filling out an online form and paying a fee of NPR 200. You will need to provide some basic information about your company, such as:

• The type of company (private limited, public limited, non-profit, etc.)
• The proposed address of the company
• The main objectives of the company
• The authorized capital of the company
• The number of shares and their value
• The name and address of the promoters (founders) of the company

You will also need to upload some documents, such as:

• A copy of your citizenship certificate or passport
• A copy of your PAN/VAT certificate (if applicable)
• A copy of your trademark or logo (if applicable)

You will receive a confirmation email from the OCR after submitting your reservation request. You will have to print out the email and sign it. You will also have to print out a copy of your payment receipt.

Step 2: Register your Company

The second step is to register your company at the OCR website1. You will have to fill out another online form and pay a fee based on the authorized capital of your company. The fee structure is as follows:

You will need to provide some additional information about your company, such as:

• The name and address of the directors of the company
• The name and address of the auditor of the company
• The name and address of the legal advisor of the company
• The name and address of the bank where the company will open its account

You will also need to upload some more documents, such as:

• A copy of your reservation confirmation email
• A copy of your payment receipt
• A copy of your memorandum of association (MOA)
• A copy of your articles of association (AOA)

The MOA is a document that defines the main objectives and activities of your company. The AOA is a document that defines the rules and regulations for running your company. You can use the templates provided by the OCR website2 or draft your own documents according to the Company Act 2063.

Step 3: Submit Physical Copies Of Documents At OCR

The third step is to submit physical copies of all the documents that you uploaded online at the OCR office in Tripureshwor, Kathmandu. You will have to do this within 15 days after completing your online registration.

You will need to bring two sets of copies of all the documents, along with their originals for verification. You will also need to bring two passport-sized photos of each promoter and director of your company.

The OCR staff will check and verify your documents and issue you a receipt. They will also assign you a registration number for your company.

Step 4: Receive Your Company Registration Certificate

The final step is to receive your company registration certificate from the OCR office. You will have to wait for about two working days after submitting your physical copies of documents.

You will have to show your receipt and your registration number to collect your certificate. You will also have to pay a stamp duty of NPR 500 for the certificate.

The company registration certificate is a legal document that proves that your company is officially registered and authorized to operate in Nepal. It will contain your company name, registration number, date of registration, authorized capital, objectives, address, etc.

You will also receive a PAN/VAT certificate from the Inland Revenue Department (IRD) along with your company registration certificate. This is a tax identification number that you will need to file and pay your taxes in Nepal.

Tips and Advice

• Choose a unique and meaningful name for your company that reflects your vision and mission.
• Check the availability of your company name before reserving it to avoid any duplication or confusion.
• Prepare your MOA and AOA carefully and clearly to avoid any ambiguity or dispute.
• Hire a professional lawyer or accountant to help you with the legal and financial aspects of your company registration.
• Keep copies of all the documents that you submit online and offline for future reference.
• Follow up with the OCR office regularly to check the status of your company registration.
• Register your company as soon as possible to avoid any penalties or fines for late registration.

Conclusion: Registering a company in Nepal is a simple and straightforward process that can be done online and offline. You will need to reserve your company name, register your company, submit physical copies of documents, and receive your company registration certificate. You will also need to pay some fees and taxes along the way.

By registering your company in Nepal, you will be able to enjoy the benefits and opportunities of doing business in this beautiful and diverse country. You will also be able to contribute to the economic and social development of Nepal.

If you need more information or assistance on how to register a company in Nepal, you can contact the OCR office at: