This article will guide you through the process of registering your travel and tours company in Nepal, covering all essential aspects from understanding what such a company entails to the benefits of registration.
What are the Requirements for Travel and Tours Companies in Nepal?
The requirements for registering a Travel or Tours Company are as follows:
- The minimum paid-up capital of the company must be NPR 25 Lakhs. For a private firm, the minimum capital requirement is NPR 15 Lakhs.
- The company must deposit a minimum of NPR 5 Lakhs as a bank guarantee with a licensed Class-B bank.
How to Register a Travel and Tours Company in Nepal?
Travel and Tours Company Registration in Nepal
- Step 1: Business Structure and Registration
- Step 2: Office Setup and Ward Office Registration
- Step 3: Tax Registration with IRD
- Step 4: Recommendation Letter from Provincial Tourism Office
- Step 5: Registration of Industry at DOI
- Step 6: Obtaining Travel Agency License
Step 1: Business Structure and Registration
Choose between sole proprietorship, partnership, or private limited company. Private limited is recommended for travel agencies. Register with the Office of Company Registrar (OCR). Prepare and submit Memorandum of Association (MOA), Articles of Association (AOA), and required documentation. Obtain company registration certificate.
Step 2: Office Setup and Ward Office Registration
Secure an office space and register with local ward office. Submit company registration certificate, lease agreement, and other required documents. Create official company stamp for document authentication. The ward registration fees vary by location. Ensure office meets basic infrastructure requirements set by tourism department.
Step 3: Tax Registration with IRD
Register with Inland Revenue Department (IRD) to obtain Permanent Account Number (PAN). Register for Value Added Tax (VAT) if annual revenue exceeds NPR 3 million. These registrations are mandatory for legal business operations and tax compliance. Keep detailed financial records.
Step 4: Recommendation Letter from Provincial Tourism Office
Obtain recommendation letter from Provincial Tourism Office. Requirements include physical presence of board directors, minimum capital requirements (NPR 25 lakhs for private limited), and bank guarantee of NPR 5 lakhs valid for 5 years.
Step 5: Registration of Industry at DOI
Register with Department of Industry (DOI) using tourism office recommendation letter. Submit required documents and obtain Industry Registration Certificate. This certificate is crucial for final approval from Provincial Tourism Board.
Step 6: Obtaining Travel Agency License
Apply for travel agency license from Provincial Tourism Ministry. Submit Industry Registration Certificate and pay NPR 25,000 fee. License is valid for 5 years. Renew before expiration to avoid cancellation.
What is a Travel and Tours Company?
A travel and tours company is a business that specializes in providing travel-related services to customers. These services typically include:
- Organizing and planning trips
- Booking transportation (flights, buses, trains)
- Arranging accommodations
- Coordinating guided tours and excursions
- Offering travel insurance
- Providing visa assistance
- Creating customized itineraries
In Nepal, travel and tours companies play a crucial role in promoting tourism and helping visitors explore the country’s diverse attractions, from the towering Himalayas to ancient cultural sites.
Where to Register a Travel and Tours Company in Nepal?
In Nepal, travel and tours companies must register with multiple government agencies:
- Company Registrar’s Office (CRO): For company incorporation
- Inland Revenue Department (IRD): For tax registration
- Department of Industries: For Cottage Industry Registration
- Provincial Tourism Office: For Obtaining License.
How to Register a Travel and Tours Company in Nepal?
| Step | Process |
|---|---|
| Step 1 | Register the company with the Office of the Company Registrar (OCR). |
| Step 2 | Complete PAN/VAT registration, register with the local ward office, and open a company bank account. |
| Step 3 | Ensure initial compliance and register a minimum paid-up capital of NPR 25 Lakhs with the OCR. |
| Step 4 | Submit a bank guarantee of NPR 5 Lakhs and obtain a recommendation letter from the Provincial Tourism Office. |
| Step 5 | Register the company as a tourism industry entity. |
| Step 6 | Complete the final registration process with the Provincial Tourism Office. |
What Documents are Needed for Travel and Tours Company Registration?
The required documents for the registration of a Travel or Tours Company in Nepal are as follows:
- Duly filled application form for recommendation along with a declaration letter.
- Copies of the Company Registration Certificate, PAN Certificate, Memorandum of Association (MOA), and Articles of Association (AOA).
- Copy of the Share Registry showing a minimum capital of NPR 25 Lakhs registered with the OCR.
- Copies of citizenship certificates of all shareholders.
- A house rent agreement for a minimum of 5 years, along with the landlord’s citizenship certificate, house number, location map, and recent water/electricity bill.
- Bio-data and two recent passport-size photographs of the authorized representative, along with their physical presence at the Tourism Department.
- Bank guarantee slip of NPR 5 Lakhs.
- Board meeting resolution approving registration as a travel company, along with a power of attorney.
- Letter of commitment addressed to the Tourism Office.
Read More:
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Company Renewal Process in Nepal
How Long Does it Take to Register a Travel and Tours Company in Nepal?
The typical timeline for registering a travel or tours company is between 20 to 45 days from the date of name reservation. It depends on the client’s cooperation.
What is the Cost of Registering a Travel and Tours Company in Nepal?
The government registration fee varies based on the company’s capital, ranging from NPR 50,000 to NPR 1,00,000. The Government Fees must be paid at:
- Office of Company Registrar
- Local Ward Office
- Department of Industries
- Provincial Tourism Office
The Service/Legal Charges for the Registration of Travel/Tours company can be obtained by contacting CompanyNP, an ISO Certified Registration Service Provider, either through Cell/Whatsapp at +977 9709090127 or mail at info@companynp.com
What happens after Registration of Travel and Tours Company?
After successfully registering your travel and tours company in Nepal, there are several ongoing requirements:
- Bi-Annual Filing of Report to the Provincial Tourism Office
- Preparation of Annual Audit Report and Submission of Profit Tax
- Annual Renewal of Company at Office of Company Registrar (“OCR”)
How to Open Travel Agency in Nepal?
Step 1: Registration of Company at OCR
Step 2: Registration at Tax & Ward Office
Step 3: Obtaining Tourism Office’s Recommendation
Step 4: Registration at the Department of Industries
Step 5: Registration at the Provincial Tourism Office
How to Register Travel and Tour Business in Nepal?
The Process of Registering a Travel and Tour Business is:
1. Reserve Name and Register the Company
2. Prepare for 25 Lakhs Paid-Up Capital and 5 Lakhs Bank Guarantee
3. Obtain Recommendation from the Provincial Tourism Office
4. Conduct Registration at DOI and Tourism Office
What documents are required to open Travel Agency in Nepal?
Documents Required for Agency Registration
1. Application Form and Letter of Declaration
2. Paid-Up Capital of NPR 25 Lakhs & 5 Lakhs Bank Guarantee Letter
3. A house rent agreement for a minimum of 5 years
4. Letter of commitment addressed to the Tourism Office and more.
What is required to open a Travel and Tour Company in Nepal?
The Requirements to open a Travel and Tour Company in Nepal are:
1. A registered company with approved documents.
2. PAN/VAT registration.
3. A Bank Guarantee Letter of NPR 5,00,000 from a Licensed Bank.
4. A travel agency license from the Department of Tourism.
Can a Foreigner open a Travel Agency in Nepal?
No, foreigners cannot open a travel agency in Nepal.
How to apply for Tour and Travel Agency License?
The Process of Applying for a tour and travel agency license in Nepal:
Step 1: Register the business with the Company Registrar.
Step 2: Deposit the required amount in a government bank.
Step 3: Submit an application to the Provincial Tourism Office
Step 4: Pay the license fee upon approval.
What is the Travel Agency Registration Fee in Nepal?
The registration fee for a travel agency in Nepal varies based on the type of services offered. It must be provided at the Office of Company Registrar, Local Ward Office, Department of Industries and the Provincial Tourism Office.
How to start a travel agency in Kathmandu, Nepal?
Starting a travel agency in Kathmandu follows the same process as anywhere in Nepal:
1. Getting Registered at OCR, Tax & Ward Office.
2. Getting Registered at Department of Industries and the Provincial Tourism Office
How to Renew a Travel and Tour Company in Nepal?
To Renew a travel and tour company in Nepal requires an annual application to the Department of Tourism. Submit updated business documents, including your company registration certificate, PAN/VAT certificate, and proof of financial compliance. Pay the renewal fee as per the Department’s guidelines.
