Insights

Company Registration in Nepal: What You Need to Know

Written by Vijay Shrestha | Feb 3, 2026 9:50:14 AM

Choosing between a private vs public company in Nepal is one of the first strategic decisions foreign companies must make.
This choice affects ownership control, capital structure, compliance burden, and long-term scalability.

Nepal welcomes foreign investment, but its corporate framework is rule-driven and document-heavy.
Understanding how private and public companies differ under Nepalese law helps investors avoid costly restructuring later.

This guide breaks it all down in plain English.
It is written specifically for foreign founders, CFOs, and expansion teams planning Nepal market entry.

Nepal’s Corporate Law Framework for Foreign Companies

Company registration in Nepal is governed primarily by the Companies Act 2006.
Foreign investment overlays are guided by the Foreign Investment and Technology Transfer Act 2019.

Key regulators include:

  • Office of Company Registrar (OCR) – incorporation and filings
  • Department of Industry – foreign investment approval
  • Nepal Rastra Bank – capital inflow and repatriation
  • Inland Revenue Department – tax registration

These laws define what a private company and a public company can and cannot do.

What Is a Private Company in Nepal?

A private company in Nepal is the most common structure used by foreign investors.

Core Legal Characteristics

  • Minimum shareholders: 1
  • Maximum shareholders: 101
  • Share transfer: restricted
  • Public share issuance: not allowed

Private companies are designed for closely held ownership and operational control.

Why Foreign Companies Prefer Private Companies

Private companies are faster to register and easier to manage.
They are ideal for:

  • Market entry
  • Back-office operations
  • IT and tech services
  • Liaison or cost-center models

For most foreign firms, a private company is the default and safest entry structure.

What Is a Public Company in Nepal?

A public company in Nepal is structured for capital raising and wider ownership.

Core Legal Characteristics

  • Minimum shareholders: 7
  • No maximum shareholder limit
  • Share transfer: freely transferable
  • Can issue shares to the public (subject to approvals)

Public companies are governed by stricter disclosure and governance rules.

Typical Use Cases

  • Banking and financial institutions
  • Insurance companies
  • Hydropower and infrastructure projects
  • Businesses planning IPOs

For foreign companies, public companies are rarely used at entry stage.

Private vs Public Company in Nepal: Side-by-Side Comparison

Criteria Private Company in Nepal Public Company in Nepal
Minimum shareholders 1 7
Maximum shareholders 101 Unlimited
Foreign ownership Allowed (sector-based) Allowed (regulated sectors)
Public share issuance Not allowed Allowed
Compliance burden Moderate High
Audit & disclosures Standard Extensive
Typical foreign use Market entry, operations Capital-intensive projects

Insight:
Over 90% of foreign-owned companies in Nepal register as private companies due to simplicity and control.

Capital Requirements and Shareholding Rules

Nepal does not impose a fixed minimum capital for all sectors.
However, foreign investment thresholds apply.

Typical Capital Considerations

  • Service sectors: lower thresholds
  • Manufacturing and infrastructure: higher capital expectations
  • Regulated sectors: prescribed minimums

Capital must be:

  1. Approved during FDI application
  2. Remitted through banking channels
  3. Reported to Nepal Rastra Bank

Private and public companies follow the same capital inflow compliance, but public companies face more scrutiny.

Governance and Board Structure Differences

Private Company Governance

  • Flexible board composition
  • Fewer mandatory committees
  • Faster decision-making

Public Company Governance

  • Larger boards
  • Mandatory audit and governance committees
  • Higher director disclosure requirements

Foreign founders usually prefer lean governance, making private companies more practical.

Compliance and Reporting Obligations

Both company types must comply with:

  • Annual filings at OCR
  • Tax returns and audits
  • Labor and social security laws

However, public companies must also:

  • Publish financial statements
  • Hold statutory public meetings
  • Comply with securities regulations

This adds cost and administrative overhead.

Tax Treatment: Is There Any Difference?

From an income tax perspective:

  • Corporate tax rates are the same for private and public companies
  • Withholding taxes apply equally

The difference lies in compliance complexity, not tax rates.

Which Structure Should Foreign Companies Choose?

Choose a Private Company If You:

  • Want operational control
  • Are testing the Nepal market
  • Plan to run a captive or back-office operation
  • Do not need public capital

Choose a Public Company If You:

  • Require large-scale capital
  • Operate in regulated sectors
  • Plan a future IPO in Nepal

Bottom line:
For most foreign companies, private vs public company in Nepal is not a real debate.
Private companies win on speed, control, and cost.

Common Mistakes Foreign Investors Make

  1. Choosing a public company too early
  2. Underestimating compliance costs
  3. Misaligning capital structure with approvals
  4. Ignoring sector-specific restrictions

Avoiding these mistakes saves months of rework.

Step-by-Step: Registering a Private Company in Nepal

  1. Name reservation at OCR
  2. FDI approval (if applicable)
  3. Incorporation filing
  4. PAN and tax registration
  5. Bank account and capital remittance

This process typically takes 4–8 weeks with proper documentation.

Conclusion: Final Take on Private vs Public Company In Nepal

The private vs public company in Nepal decision shapes your entire investment journey.
For foreign companies, private companies offer speed, flexibility, and control.

Public companies serve a purpose, but only for specific, capital-intensive strategies.

If your goal is efficient Nepal market entry, start private and scale deliberately.

Frequently Asked Questions

Is a private company better than a public company in Nepal?

For most foreign investors, yes. Private companies are easier to manage and faster to register.

Can foreigners fully own a private company in Nepal?

Yes, subject to sector-specific foreign investment rules and approvals.

What is the minimum capital for a public company in Nepal?

There is no universal minimum, but regulated sectors impose higher thresholds.

Can a private company convert into a public company later?

Yes. Conversion is allowed but involves regulatory approvals and restructuring.

Which company type is best for Nepal market entry?

A private company is the preferred structure for initial entry and operations.