Company Registration Service in Nepal

Company registration in Nepal is a crucial step for entrepreneurs and businesses looking to establish a legal entity in the country. CompanyNP offers comprehensive company registration services to help clients navigate the complex process of incorporating a business in Nepal. Our expert team ensures compliance with all legal requirements and streamlines the registration procedure, allowing clients to focus on their core business activities.

In Nepal, company registration is governed by the Companies Act, 2063 (2006), which outlines the legal framework for incorporating and operating businesses. The process involves several steps, including name approval, document preparation, and registration with the Office of the Company Registrar (OCR). CompanyNP’s experienced professionals guide clients through each stage, ensuring a smooth and efficient registration process.

Procedure of Obtaining Company Services in Nepal

The company registration process in Nepal involves the following steps:

1. Choose a unique company name
2. Obtain name approval from the OCR
3. Prepare required documents, including Memorandum and Articles of Association
4. Submit application and documents to the OCR
5. Pay registration fees
6. Obtain Certificate of Incorporation
7. Register for PAN (Permanent Account Number) with the Inland Revenue Department
8. Open a corporate bank account
9. Register for VAT (if applicable)
10. Obtain necessary licenses and permits for specific industries

CompanyNP assists clients throughout this process, ensuring all requirements are met and documents are properly prepared and submitted.

Types of Company Registration

Nepal recognizes several types of company structures, each with its own legal requirements and implications. The main types of companies that can be registered in Nepal include:

1. Private Limited Company: This is the most common type of company in Nepal, suitable for small to medium-sized businesses. It has a minimum of 1 and a maximum of 101 shareholders.
2. Public Limited Company: These companies can offer shares to the public and must have a minimum of 7 shareholders. They are subject to more stringent regulations and reporting requirements.
3. Non-Profit Company: Also known as a Section 166 company, this type is established for charitable, social, or educational purposes and does not distribute profits to its members.
4. Foreign Company (Branch Office): Foreign companies can establish a branch office in Nepal to conduct business activities.
5. Representative Office: This type allows foreign companies to have a presence in Nepal for non-commercial activities such as market research or liaison.

CompanyNP provides expert guidance on choosing the most appropriate company structure based on clients’ specific needs and objectives.

Our Services for Company Registration

1. Name Reservation and Approval

We assist clients in selecting a unique company name and obtaining approval from the Office of the Company Registrar. Our team ensures the chosen name complies with legal requirements and is not already in use.

2. Document Preparation

Our experts prepare all necessary documents, including Memorandum of Association, Articles of Association, and other required forms. We ensure all documents are accurate and comply with legal standards.

3. Shareholder and Director Documentation

We assist in preparing and collecting required documents for shareholders and directors, including identification proofs, photographs, and signatures.

4. Capital Structure Planning

Our team provides guidance on determining the appropriate capital structure for the company, considering factors such as minimum capital requirements and future growth plans.

5. Registration with OCR

We handle the entire registration process with the Office of the Company Registrar, including document submission, fee payment, and follow-ups to ensure timely processing.

6. PAN and VAT Registration

CompanyNP assists in obtaining the Permanent Account Number (PAN) from the Inland Revenue Department and, if applicable, registering for Value Added Tax (VAT).

7. Bank Account Opening

We guide clients through the process of opening a corporate bank account, including preparation of necessary documents and liaison with banks.

8. Industry-Specific Licenses

Our team helps identify and obtain any additional licenses or permits required for specific industries or business activities.

9. Foreign Investment Approval

For companies with foreign investment, we assist in obtaining necessary approvals from the Department of Industry and other relevant authorities.

10. Post-Registration Compliance

We provide guidance on post-registration compliance requirements, including annual filings, tax obligations, and other regulatory matters.

Why Choose Us?

CompanyNP stands out as the premier choice for company registration services in Nepal for several reasons:

1. Expertise: Our team consists of experienced professionals well-versed in Nepal’s company laws and regulations.
2. Efficiency: We streamline the registration process, saving clients time and effort.
3. Comprehensive Service: From name reservation to post-registration compliance, we offer end-to-end support.
4. Customized Solutions: We tailor our services to meet the specific needs of each client, considering their business objectives and industry requirements.
5. Transparency: We provide clear communication and regular updates throughout the registration process.
6. Cost-Effective: Our services offer excellent value for money, with competitive pricing and no hidden fees.
7. Ongoing Support: We offer continued assistance with compliance and regulatory matters after registration.

Our Firm Background

CompanyNP is a leading legal and business consultancy firm in Nepal, specializing in company registration and corporate services. With years of experience and a team of skilled professionals, we have successfully assisted numerous local and international clients in establishing their businesses in Nepal.

Our firm is committed to providing high-quality, reliable, and efficient services to our clients. We stay up-to-date with the latest legal and regulatory changes in Nepal, ensuring our clients receive accurate and current advice. Our strong relationships with government agencies and financial institutions enable us to navigate the registration process smoothly and efficiently.

Conclusion

Company registration is a critical step in establishing a legal business entity in Nepal. With CompanyNP’s expert services, clients can navigate this complex process with ease and confidence. Our comprehensive approach, from initial consultation to post-registration support, ensures that businesses can focus on their core activities while we handle the legal and administrative aspects of company formation.

By choosing CompanyNP for company registration services, clients benefit from our extensive experience, in-depth knowledge of Nepal’s business landscape, and commitment to excellence. We strive to make the company registration process as smooth and efficient as possible, helping businesses establish a strong foundation for growth and success in Nepal.

For more information on our company registration services or to begin the process of incorporating your business in Nepal, contact CompanyNP today. Our team is ready to guide you through every step of the journey, ensuring your company is properly registered and compliant with all legal requirements.