Insights

Cost of Company Formation in Nepal: Full Fee Breakdown

Written by Vijay Shrestha | Oct 21, 2025 9:22:04 AM

If you are planning to start a business in Nepal, one of your first questions will be — how much does it actually cost to register a company?

The truth is that company formation in Nepal is affordable, but understanding the complete fee structure is essential. From government charges and legal documentation to translation, compliance, and audit costs, every step has its price tag.

In this guide, we will break down the cost of company formation in Nepal, step by step, and help foreign investors plan their budget confidently. You will also learn how factors such as share capital, business type, and FDI involvement can influence total expenses.

Understanding How Company Formation Costs Are Structured

Company formation costs in Nepal vary based on:

  • Type of business (local or FDI-based)

  • Nature of operation (manufacturing, service, tech, or trading)

  • Number of shareholders and directors

  • Whether documents are local or foreign (requiring legalization)

  • Capital structure (affecting registration fees)

Typically, a standard Private Limited Company with foreign investment costs between USD 2,500 and USD 4,500 from start to finish, including professional service and compliance fees.

Legal Framework Affecting Company Formation Costs

Every rupee you spend during registration connects to a law or authority requirement.

Area Relevant Law / Authority
Incorporation Companies Act 2006 & Rules 2064
Foreign Investment FITTA 2019
Capital Inflow / Outflow NRB Directives on Foreign Investment
Industry Approval Department of Industry (DOI) / Investment Board Nepal (IBN)
Tax Registration Income Tax Act 2002 and VAT Act 1996
Labour & Employee Benefits Labour Act 2017 and Social Security Act 2018
Annual Audit & Reporting Companies Act 2006 and Tax Administration Act
Visa & Work Permit (If foreign staff) Immigration Rules and Labour Approval Guidelines

Each law introduces a compliance obligation that translates into either a fee, a professional charge, or an annual cost.

Step-by-Step Cost Breakdown for Company Formation in Nepal

Here’s a realistic breakdown of expenses foreign investors typically incur.

Stage Description Estimated Cost (USD)
1. Name Reservation OCR online application and reservation 20 – 50
2. Legal Document Drafting Preparation of MOA, AOA, POA, and translation (notary included) 400 – 600
3. Government Registration Fee OCR fee based on capital structure (up to NPR 10 million) 100 – 200
4. FDI Approval (Foreign Investors) DOI or IBN processing fee + translation/legalization 150 – 300
5. NRB Verification of Capital Inflow Bank charges and document endorsement cost 50 – 100
6. PAN and VAT Registration IRD application and digital certificate fee 50 – 100
7. Office Lease and Notarization Rent agreement stamp duty and tax registration 100 – 200
8. Labour and SSF Registration Staff registration and SSF portal setup Free to Nominal
9. Professional Service Fee (DCV) Full registration management, legal filing, and compliance advisory 1,800 – 2,800
10. Post-Incorporation Accounting Setup Bookkeeping, PAN/VAT filing system, chart of accounts 300 – 500

Total Estimated Cost: USD 2,500 – 4,500
(Inclusive of all government charges and consultant support)

How Costs Differ for Local vs Foreign-Invested Companies

Category Local Company FDI Company
Registration Authority OCR and IRD OCR + DOI / IBN + NRB
Minimum Capital No minimum USD 20,000 per investor (FITTA 2019, Section 3)
Currency Used NPR Convertible foreign currency
Document Requirement Simple notarization Legalization and translation required
Total Cost Range USD 800 – 1,500 USD 2,500 – 4,500
Setup Timeline 5–7 days 15–30 days

Foreign investors face higher costs mainly due to translation, legalization, NRB coordination, and compliance verification.

Detailed Explanation of Each Cost Component

1. OCR Process Fees

The Office of the Company Registrar (OCR) charges a nominal fee based on authorised capital.
Under the Companies Act 2006, Rule 3, fees start at NPR 1,000 for up to NPR 1 million capital and scale progressively.

2. Document Preparation and Legal Certification

MOA and AOA must clearly define share capital, objectives, and board structure. Foreign documents require authentication at the Nepalese Embassy and translation into English or Nepali.

3. FDI Approval Costs

Applications under FITTA 2019 go to DOI or IBN depending on investment size. Government filing fees are low, but the main expense lies in documentation and processing support.

4. NRB Verification

Every capital inflow must be recorded through a Nepalese bank and verified by Nepal Rastra Bank (NRB). Banks charge nominal fees for remittance certification.

5. PAN and VAT Setup

Registration with Inland Revenue Department (IRD) is mandatory for tax purposes. Digital certificates and PAN cards are usually included in DCV’s service fee.

6. Labor and SSF Registration

Under the Labor Act 2017 (Section 6) and Social Security Act 2018 (Section 21), employers must register employees within a month of hiring. The registration itself is free but requires monthly contributions to SSF (31% of basic salary).

7. Accounting and Audit Costs

Every company must appoint an auditor approved by the Institute of Chartered Accountants of Nepal (ICAN). Annual audit costs range from USD 300 to 600 depending on size.

One-Time vs Recurring Costs

Category One-Time (Setup) Recurring (Annual)
OCR Registration
FDI Approval ❌ (unless additional capital)
PAN / VAT Annual renewal free
SSF Registration ✅ (Monthly contributions)
Accounting and Audit ✅ (Annual audit required)
Labour Compliance ✅ (Ongoing)
DCV Consulting Retainer ✅ (Optional support plan)

Timeline and Budget Planning

Average Timeline for Foreign Company Formation

Phase Activity Estimated Days
Pre-Incorporation Name reservation and document drafting 3–5
FDI Approval DOI or IBN review and approval 10–20
Capital Inflow NRB verification 2–5
Company Registration OCR approval 2–3
PAN / VAT Registration IRD processing 1–2
Labor and SSF Setup Post-incorporation 3–5

Total Expected Duration: 15 – 30 days

Practical Budgeting Tips

  • Allocate 20% contingency for translation or courier delays.

  • Budget an additional USD 300–400 for legal opinion or document re-submission.

  • Retain a compliance advisor for your first fiscal year to prevent late filing penalties.

Hidden or Often Overlooked Costs

  1. Translation and Notarization Delays: Extra certifications can add USD 100–200.

  2. Capital Injection Bank Charges: Wire fees and currency conversion costs.

  3. Work Visa and Labour Approval for Foreign Directors: Processing fee USD 50–100 per person.

  4. Accounting Software Setup: Cloud bookkeeping platforms USD 200–300 per year.

  5. Tax and Legal Advisory Retainer: USD 100–200 monthly depending on scope.

Planning ahead saves both time and money.

Cost Comparison: Private Limited vs Branch Office vs Liaison Office

Entity Type Registration Fee (USD) FDI Approval Audit Obligation Best For
Private Limited Company 2,500 – 4,500 Required Annual Audit Mandatory New ventures and startups
Branch Office 3,000 – 4,800 Required Annual Audit Mandatory Foreign companies expanding
Liaison Office 2,000 – 3,500 Required Simplified reporting Market research and representation

Post-Incorporation Compliance Costs

Once your company is registered, ongoing obligations include:

A. Accounting and Bookkeeping
Monthly service packages range from USD 100 to 250 depending on transaction volume.

B. Tax Filing and Advisory
Quarterly filings and annual returns typically cost USD 300–600 per year.

C. Social Security Fund Contributions
31% of basic salary as combined employer and employee share.

D. Audit and Renewal
Mandatory audit every fiscal year; filing fee NPR 500–1,000 to OCR.

E. Compliance Review and Board Meeting Support
Annual corporate secretarial services USD 200–400.

How to Reduce Your Overall Registration Cost

  • Choose the right capital size: Higher capital increases registration fees and tax obligations.

  • Prepare documents accurately: Avoid re-submission delays that add legal costs.

  • Leverage digital registration: OCR and IRD now support online filing for faster approvals.

  • Bundle services with one advisor: DCV provides legal, tax, and compliance under one roof.

  • Plan early for post-setup costs: Budget for audit, SSF, and tax filing from day one.

Frequently Asked Questions

1. What is the average cost to register a company in Nepal?
Between USD 2,500 and 4,500 for foreign investors, depending on structure and scope.

2. What is the minimum capital requirement for foreign investment?
USD 20,000 per investor under FITTA 2019 (Section 3).

3. How much does OCR charge for company registration?
NPR 1,000 to 5,000 based on authorised capital and company type.

4. Are there annual fees after registration?
Yes. Audit, tax filing, and compliance renewals usually cost USD 500–1,000 per year.

5. Can I register a company myself without a consultant?
Yes, but professional guidance reduces delays and ensures compliance with OCR, NRB, and IRD requirements.

Company formation in Nepal is cost-effective when done strategically.
Understanding every fee, from OCR charges to NRB verification, helps you budget accurately and avoid hidden surprises.

Digital Consulting Ventures (DCV) offers end-to-end setup support for foreign investors, including FDI approval, company registration, tax planning, labour compliance, and audit management.

Our legal and accounting experts handle every step with transparency so you can focus on business growth.

Book a consultation today to receive a tailored cost proposal and step-by-step company formation plan for Nepal in 2025.