Insights

Business Registration in Nepal vs Company Registration What’s the Difference

Written by Vijay Shrestha | Dec 18, 2025 6:21:58 AM

Company registration in Nepal is often misunderstood by foreign investors because the term is used interchangeably with business registration.
In reality, these are two distinct legal concepts with very different implications for ownership, liability, taxation, and foreign investment eligibility.

If you are a foreign company planning to enter Nepal, choosing the wrong structure can delay approvals, block FDI repatriation, or expose you to personal liability.
This guide breaks down the differences clearly, legally, and practically—so you can make the right decision from day one.

Why This Distinction Matters for Foreign Companies

Many international founders assume “business registration” equals “company registration.”
In Nepal, that assumption can be costly.

Understanding the difference determines whether you can:

  • Legally bring foreign direct investment (FDI) into Nepal

  • Open a corporate bank account

  • Hire staff compliantly

  • Repatriate profits

  • Limit personal liability

Nepalese law treats individual businesses and corporate entities very differently.

What Is Business Registration in Nepal?

Definition

Business registration refers to registering an individual or partnership business, not a separate legal entity.

It is governed primarily by:

  • Local Municipality / Ward Office rules

  • Partnership Act, 2020 (1964)

  • Income Tax Act, 2002

The business and the owner are legally the same.

Common Types of Business Registration

  1. Sole Proprietorship

  2. Partnership Firm

  3. Family-Owned Trade Business

These are typically used by local entrepreneurs.

Key Characteristics

  • No separate legal personality

  • Unlimited personal liability

  • Simple registration process

  • Limited scalability

  • Not suitable for FDI

Who Should Choose Business Registration?

Business registration is suitable if:

  • You are a Nepali citizen

  • You operate a small local business

  • You do not plan to raise capital

  • You accept personal liability

For foreign companies, this option is not legally viable.

What Is Company Registration in Nepal?

Definition

Company registration creates a separate legal entity under the Companies Act, 2006.

The company exists independently of its shareholders and directors.

Types of Companies in Nepal

  • Private Limited Company

  • Public Limited Company

  • Not-for-Profit Company

  • Foreign Branch Office

  • Liaison Office

For foreign investors, Private Limited Company with FDI approval is the most common route.

Key Characteristics

  • Separate legal personality

  • Limited liability

  • Eligible for FDI

  • Can own property

  • Can hire employees

  • Can repatriate profits

Authorities Involved

  • Office of the Company Registrar (OCR)

  • Department of Industry (DOI)

  • Nepal Rastra Bank (NRB)

  • Inland Revenue Department (IRD)

Business Registration vs Company Registration in Nepal (Comparison)

Feature Business Registration Company Registration
Legal status Not separate Separate legal entity
Liability Unlimited Limited
FDI eligibility ❌ Not allowed ✅ Allowed
Ownership Individual / partners Shareholders
Compliance level Low Medium to high
Profit repatriation ❌ Not allowed ✅ Allowed
Suitable for foreigners ❌ No ✅ Yes

Insight:
Foreign investors attempting “business registration” often face bank account rejections and FDI denial later.

Which Option Is Legal for Foreign Companies?

Short Answer

👉 Only company registration is permitted for foreign investors in Nepal.

Legal Basis

Foreign investment is governed by:

  • Foreign Investment and Technology Transfer Act (FITTA), 2019

  • Industrial Enterprises Act, 2020

  • Companies Act, 2006

These laws explicitly require corporate registration for FDI.

What Foreigners Cannot Do

Foreign nationals cannot:

  • Register sole proprietorships

  • Operate informal partnerships

  • Run businesses under personal names

Any such attempt is non-compliant.

Step-by-Step: Company Registration in Nepal for Foreign Investors

1. Name Reservation at OCR

Proposed company name approval.

2. FDI Approval

Application to the Department of Industry with:

  • Shareholding structure

  • Business plan

  • Capital commitment

3. Company Incorporation

Submission of:

  • Memorandum of Association

  • Articles of Association

4. Capital Inflow

Foreign capital remitted through an NRB-approved bank.

5. Tax Registration

PAN and VAT (if applicable).

6. Post-Registration Compliance

  • SSF registration

  • Labor compliance

  • Annual filings

Common Mistakes Foreign Companies Make

Here are the most frequent issues we see:

  • Registering a business instead of a company

  • Underestimating compliance obligations

  • Assuming nominee structures are legal

  • Ignoring NRB capital flow rules

  • Delaying tax and labor registration

These mistakes often lead to FDI rejection or penalties.

Cost and Timeline Comparison

Business Registration

  • Cost: Low

  • Timeline: 1–3 days

  • Risk: High for foreigners

Company Registration in Nepal

  • Cost: Moderate

  • Timeline: 2–4 weeks (FDI included)

  • Risk: Low if compliant

Professional support significantly reduces delays.

Compliance Obligations After Company Registration

Once registered, companies must comply with:

  • Annual company filings

  • Monthly tax returns

  • Employee social security contributions

  • Foreign exchange reporting

Failure to comply can block profit repatriation.

Business Registration vs Company Registration: Decision Checklist

Choose company registration if you want to:

  • Enter Nepal legally as a foreigner

  • Protect personal assets

  • Scale operations

  • Repatriate profits

  • Hire teams compliantly

Business registration does not support these goals.

Why Professional Guidance Matters

Nepal’s regulatory system involves multiple authorities.
Misalignment between them causes delays.

Professional advisors ensure:

  • Correct entity selection

  • Clean FDI approval

  • Bank-ready documentation

  • Ongoing compliance

This is where most foreign companies struggle without local expertise.

Conclusion

Company registration in Nepal is the only legally sound option for foreign investors.
Business registration may look simpler, but it is not permitted for foreigners and exposes serious risks.

Understanding the difference upfront saves time, money, and regulatory headaches.

If Nepal is part of your expansion strategy, choosing the right structure is your first—and most important—decision.

Call to Action

Planning company registration in Nepal as a foreign investor?

👉 Book a free consultation to assess the right structure, FDI eligibility, and compliance roadmap for your business.

Frequently Asked Questions (People Also Ask)

1. Can foreigners do business registration in Nepal?

No. Foreigners must register a company under the Companies Act and obtain FDI approval.

2. Is company registration mandatory for FDI in Nepal?

Yes. FDI is only permitted through registered companies, branches, or approved entities.

3. Which is cheaper: business or company registration?

Business registration is cheaper, but illegal for foreigners. Company registration is compliant and safer.

4. How long does company registration in Nepal take?

Typically 2–4 weeks, including FDI approval and incorporation.

5. Can I convert business registration into a company later?

No direct conversion exists. A new company must be registered.