Insights

Foreign Entrepreneurs in Nepal: Your Guide to Starting a Business

Written by Vijay Shrestha | Jan 11, 2026 10:08:01 AM

If you are a foreign entrepreneur exploring South Asia, private vs public company in Nepal is one of the first and most strategic decisions you will face. Nepal has steadily positioned itself as a cost-efficient, regulation-friendly destination for foreign companies seeking market entry, outsourcing, or regional operations.

Yet, many foreign founders underestimate how much the choice of company structure affects approvals, timelines, compliance burden, capital planning, and long-term exit options. This guide is written specifically for foreign companies that want clarity, not legal jargon.

By the end, you will know exactly which structure fits your business goals—and how to move forward confidently.

Nepal’s Corporate Landscape at a Glance

Nepal’s corporate framework is governed primarily by the Companies Act, 2006, administered through the Office of the Company Registrar (OCR). Foreign investors may enter Nepal through several legal vehicles, but the most common comparison remains private vs public company in Nepal.

Common entry structures for foreign companies

  • Private Limited Company (most common)

  • Public Limited Company (selective, capital-heavy)

  • Branch Office

  • Liaison / Representative Office

  • Foreign Direct Investment (FDI) company (usually private)

This article focuses on private vs public companies, because these are the only structures that allow full business operations in Nepal.

What Is a Private Company in Nepal?

A private limited company in Nepal is the most widely used structure by foreign entrepreneurs.

Key legal characteristics

  • Minimum shareholders: 1

  • Maximum shareholders: 50

  • Shares are not publicly traded

  • Capital contribution can be foreign-owned (subject to sector rules)

  • Suitable for profit-generating operations

Why private companies dominate foreign investment

Private companies offer speed, flexibility, and lower regulatory exposure. For foreign founders, this structure aligns well with Nepal’s Foreign Investment and Technology Transfer Act (FITTA), 2019.

What Is a Public Company in Nepal?

A public limited company is designed for large-scale enterprises intending to raise capital from the public.

Key legal characteristics

  • Minimum shareholders: 7

  • No upper limit on shareholders

  • Shares may be issued to the public

  • Mandatory regulatory oversight

  • Higher minimum capital requirements

Public companies in Nepal are common in banking, insurance, hydropower, telecom, and infrastructure sectors.

Private vs Public Company in Nepal: Core Differences

1. Ownership and control

Private companies provide tighter ownership control. Public companies require broader governance and disclosure.

2. Capital requirements

Public companies must commit significantly higher paid-up capital, especially in regulated sectors.

3. Compliance intensity

Public companies face stricter audits, disclosures, and reporting obligations.

Comparison Table: Private vs Public Company in Nepal

Factor Private Company Public Company
Minimum shareholders 1 7
Maximum shareholders 50 Unlimited
Public share issuance Not allowed Allowed
Regulatory burden Moderate High
Foreign investor suitability Excellent Limited
Typical setup timeline 2–4 weeks 2–4 months
Best for SMEs, outsourcing, services Banks, hydropower, large industry

Insight: Over 85% of foreign-owned operating entities in Nepal choose the private company route, primarily due to speed and flexibility.

When a Private Company Makes the Most Sense

A private company is usually ideal if you:

  • Want full operational control

  • Plan to employ local staff

  • Intend to invoice clients

  • Are entering Nepal for services, IT, consulting, or outsourcing

  • Want a faster incorporation timeline

Typical foreign use cases

  • IT and software development

  • Mortgage and financial processing

  • Shared service centers

  • Consulting and professional services

  • Engineering and design offices

When a Public Company Is Strategically Justified

A public company may be suitable if you:

  • Require large-scale local capital

  • Operate in regulated infrastructure sectors

  • Plan to list shares or invite mass investors

  • Need enhanced public credibility

Reality check for foreign founders

For most foreign entrepreneurs, a public company adds cost without adding value in the early stages.

Step-by-Step: Setting Up a Private Company in Nepal

  1. Name reservation with OCR

  2. Foreign investment approval (if applicable)

  3. Company registration under Companies Act

  4. Tax registration (PAN/VAT)

  5. Bank account opening

  6. Capital injection

  7. Employment and payroll compliance

This streamlined process explains why the private vs public company in Nepal decision heavily favors private structures.

Compliance Obligations You Must Know

For private companies

  • Annual audit

  • Annual return filing

  • Income tax compliance

  • Labor law compliance

For public companies (additional)

  • Prospectus approval

  • Public disclosures

  • Board and committee requirements

  • Regulatory audits

Taxation Overview for Foreign-Owned Companies

  • Corporate tax rate: 25% (standard)

  • Withholding taxes apply on dividends and services

  • VAT registration mandatory above threshold

Nepal’s tax framework is transparent but procedural accuracy matters.

Private vs Public Company in Nepal: Risk Perspective

Foreign founders often focus on cost but overlook risk exposure.

Private companies reduce risk by:

  • Limiting shareholder liability

  • Reducing public scrutiny

  • Allowing faster restructuring or exit

Common Mistakes Foreign Entrepreneurs Make

  • Choosing public company “for credibility”

  • Underestimating compliance costs

  • Ignoring sector-specific restrictions

  • Misjudging capital repatriation rules

Avoiding these errors starts with understanding private vs public company in Nepal at a strategic level.

Frequently Asked Questions (People Also Ask)

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

Yes, for most foreign entrepreneurs. Private companies offer faster setup, lower compliance, and better control.

Can a foreigner own 100% of a private company in Nepal?

Yes, in most permitted sectors, subject to foreign investment approval.

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

There is no universal minimum, but sector-specific thresholds may apply.

Do public companies get tax benefits in Nepal?

No. Public companies do not receive automatic tax advantages.

How long does company registration take in Nepal?

Private companies usually take 2–4 weeks. Public companies take longer.

Final Thoughts: Choosing Between Private vs Public Company in Nepal

For foreign entrepreneurs, the private vs public company in Nepal decision is rarely balanced. In practice, private limited companies are the clear winner for market entry, outsourcing, and service-based operations.

Public companies serve a purpose but only for capital-intensive, highly regulated industries.

If your goal is speed, flexibility, and compliance confidence, a private company is almost always the smarter first move.