Export Readiness Checker
Do you want to set up a public company or a private company?
Private companies are those where number of shareholder(s) can start from 1 but cannot exceed 50. They cannot invite general public for share subscription.
The public companies are the ones with minimum 7 shareholders and with minimum paid up capital of NPR 10 million. They may offer shares to public at Nepal Stock Exchange under Company Act and Securities Act. A Company carrying on business of banking, financial transaction, insurance related transactions, a stock exchange, pension or mutual fund, or any other related business or transactions must be incorporated as a public limited company.
- If you want to set up a company, first you will need to register your company’s name at the website of Office of Company Registrar. Visit this link to create an account and request reservation of unique name for your company. Additional details can be found here.
- After approval has been acquired, you will need to approach the Office of Company Registrar and:
- Submit an application form along with NPR 10 stamp
- Two copies of Articles of Association
- Two copies of Memorandum of Association
- Attested copies of citizenship certificates of founder shareholders
- Attested copies of the agreement between the founder shareholders
- If the owner is another company then, you will require following documents
- Owning company’s registration certificate.
- The owning company’s board decision to establish the proposed company
- Related documents of the company such as Articles of Association and Memorandum of Association
- An appointment letter of the company’s representative in the proposed company
- If the company has foreign investor
- Approval of foreign investment from the related authority
- If the foreign investor is an individual then a copy of the investor’s passport
- If the foreign investor is the company then related documents of the company such as Articles of Association and Memorandum of Association
- Click here for more information
- Registration fees will depend on the size of capital investment.
- Private limited companies’ registration fee
| Capital Investment (NPR) | Registration Fees (NPR) |
| 0-100,000 | 1,000 |
| 100,001-500,000 | 4,500 |
| 500,001-2,500,000 | 9,500 |
| 2,500,001-10,000,000 | 16,000 |
| 10,000,001-20,000,000 | 19,000 |
| 20,000,001-30,000,000 | 22,000 |
| 30,000,001-40,000,000 | 25,000 |
| 40,000,001-50,000,000 | 28,000 |
| 50,000,001-60,000,000 | 31,000 |
| 60,000,001-70,000,000 | 34,000 |
| 70,000,001-80,000,000 | 37,000 |
| 80,000,001-90,000,000 | 40,000 |
| 90,000,001-100,000,000 | 43,000 |
| 100,000,001- more | 43,000 plus NPR 30 per extra NPR 100,000 |
- Public limited companies’ registration fee
| Capital Investment (NPR) | Registration Fees (NPR) |
| upto 10,000,000 | 15,000 |
| 10,000,001-100,000,000 | 40,000 |
| 100,000,001-200,000,000 | 70,000 |
| 200,000,001-300,000,000 | 100,000 |
| 300,000,001-400,000,000 | 130,000 |
| 400,000,001-500,000,000 | 160,000 |
| 500,000,000- more | 160,000 plus NRS 3000 per extra NRS 10,000,000 |
You can find the templates for Articles of Association and Memorandum of Association here.
You will also have to register your business as an enterprise. You will have to get your firm registered at your Province’s Ministry of Industry, Tourism, Forests and Environment designated authority. The registration of micro, cottage and small enterprises are being undertaken by the Office of Cottage and Small Industries in your district or Province. For medium and large industry, Department of Industry, under the federal government’s Ministry of Industry, Commerce and Supplies, is the registering authority since not all Provinces have necessary legislation ready,
- For sole proprietorship business or a partnership firm, either visit Department of Commerce (in case of commerce related firm), Department of Cottage and Small Industries (for cottage firms), and Department of Industry for other industries
- Submit an application form to the relevant government agencies along with
- Name of private firm
- Address of firm
- Objectives, functions and particulars of goods or commodity to be transacted by the firm
- Identity proof of proprietor/partners (citizenship or passport)
- Restrictions imposed on partners (if any)
- Type of partnership and capital subscribed by various partners (for partnership companies)
- Mode of profit distribution of partners (for partnership companies)
Tax registration takes place at the Inland Revenue Department. All necessary processes can take place online.
- To apply for PAN and VAT registration, person or company must use Inland Revenue Department website (ird.gov.np) and select Taxpayer Portal
- Expand Registration for PAN, VAT, Excise and click on Application for Registration
- Submit details as required including Business Registration Date, Registration Number, Place of Registration, and date of commencement of Business, Citizenship/Passport of CEO or Managing Director
- Submit recommendation letter from the local Chamber of Commerce.
Traders (both exporters/importers) need to obtain an EXIM Code before pursuing a trade. The EXIM Code is issued by the Department of Customs. In order to obtain the EXIM Code, you will need to submit the following documents to the online portal at the Department of Customs website.
- Application form (downloaded from the website)
- Company/firm registration Certificate
- PAN Certificate
- VAT Certificate
- Special certificates (if required)
- Recommendation from the bank where the applicant has an account.
- Recent photograph
- Map of the enterprise
All documents must be scanned and deposited in the EXIM Portal in the Department of Customs website at: http://110.34.28.82:8484/ and a physical copy must be mailed/submitted to the Department of Customs. The applicant also needs to provide an NRS 300,000 cheque deposit issued by a Class A bank certified by Nepal Rastra Bank. The Code will be issued one week after the complete submission of the application.
Export Readiness Checker
Is your business registered at the local authority?
First, you will have to register your firm or business enterprise at the local authority, that is, at the ward office where the manufacturing unit and/or outlets are located.
- The registration fee and other related fees depend on the local municipal laws. You can find the information by contacting the ward offices or by vising the website of your rural or urban municipality.
- Basic documents required are
- Citizenship certificate of the business owners
- Land ownership certificate where the business unit is located. In case of rented establishments, you will need to provide a rent contract signed by the owner of the property where the unit is located and the property owner’s citizenship certificate
- Electricity or drinking water bill as a proof of address.