Insights

Key Steps for Successful Company Registration in Nepal

Written by Vijay Shrestha | Feb 2, 2026 10:55:12 AM

Choosing between a private vs public company in Nepal is one of the first and most strategic decisions foreign companies make when entering the Nepali market. The structure you select affects ownership control, compliance burden, capital requirements, fundraising flexibility, and long-term scalability.

For overseas investors, founders, and multinational groups, Nepal offers a regulated yet increasingly investor-friendly environment. However, misunderstanding company types can lead to delays, compliance exposure, or unnecessary costs. This guide breaks down the differences in plain language, grounded in Nepali law and real-world execution.

By the end, you’ll know which structure fits your market entry goals and how to register it correctly the first time.

Understanding Company Types in Nepal

Under Nepal’s corporate framework, companies are broadly classified into private companies and public companies. Both are governed by the Companies Act and supervised by the Office of Company Registrar.

While both provide limited liability protection, their intent, compliance expectations, and capital structures differ significantly.

What Is a Private Company in Nepal?

A private company in Nepal is the most common structure for foreign investors establishing operational subsidiaries, joint ventures, or back-office entities.

Key Characteristics of a Private Company

  • Minimum shareholders: 1
  • Maximum shareholders: 50
  • Share transfer: Restricted
  • Public fundraising: Not allowed
  • Typical use: Wholly owned subsidiaries, FDI projects, service companies

Private companies are ideal when control, speed, and regulatory simplicity matter.

Why Foreign Companies Prefer Private Companies

Foreign investors typically choose private companies because they offer:

  • Faster incorporation timelines
  • Lower compliance and disclosure requirements
  • Full control over ownership and governance
  • Alignment with FDI approval frameworks

In practice, over 90% of foreign direct investment entities in Nepal are private companies.

What Is a Public Company in Nepal?

A public company in Nepal is designed for larger ventures intending to raise capital from the public or list on the stock exchange.

Key Characteristics of a Public Company

  • Minimum shareholders: 7
  • No maximum shareholder limit
  • Share transfer: Freely transferable
  • Public fundraising: Permitted
  • Mandatory governance structures

Public companies face stricter regulatory scrutiny and higher ongoing compliance costs.

When a Public Company Makes Sense

Public companies are suitable when:

  • Large-scale capital is required
  • IPO or public investment is planned
  • Broad ownership is strategically beneficial

For most foreign entrants, this structure is not necessary at the market entry stage.

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

Criteria Private Company Public Company
Minimum shareholders 1 7
Maximum shareholders 50 Unlimited
Share transfer Restricted Free
Public fundraising Not allowed Allowed
Compliance intensity Low–moderate High
Ideal for foreign investors Yes Rarely
Incorporation timeline Faster Slower
Regulatory approvals FDI + OCR OCR + additional regulators

Insight: Foreign companies often start as private companies and convert later if public fundraising becomes necessary.

Legal Framework Governing Company Registration in Nepal

Company incorporation in Nepal is anchored in several core statutes and regulators:

  • Companies Act, 2006
  • Foreign Investment and Technology Transfer Act (FITTA), 2019
  • Industrial Enterprises Act, 2020
  • Oversight by the Department of Industry and Nepal Rastra Bank

These laws define capital thresholds, ownership rights, and repatriation mechanisms.

Key Steps for Company Registration in Nepal (Foreign Investor View)

Below is a simplified, execution-focused view of how foreign companies register a private or public company in Nepal.

1. Company Name Reservation

  • Submit 3 name options to the Office of Company Registrar
  • Names must be unique and compliant

2. Determine Company Type and Shareholding

  • Private vs public company decision
  • Define foreign ownership percentage

3. Prepare Incorporation Documents

Typical documents include:

  • Memorandum of Association
  • Articles of Association
  • Shareholder resolutions
  • Passport and corporate KYC

4. Foreign Investment Approval

Foreign-owned companies require approval from the Department of Industry under FITTA.

5. Capital Inflow and Bank Compliance

  • Open a local bank account
  • Bring in committed share capital
  • Obtain capital confirmation

6. Company Registration Certificate Issuance

Upon approval, the company is legally incorporated.

Capital Requirements: Private vs Public Company in Nepal

Nepal does not prescribe a fixed minimum capital for private companies in most sectors. However, foreign investors must meet sector-specific FDI thresholds.

Public companies typically require higher capitalization due to regulatory expectations and public investor protection norms.

Compliance Burden: What Foreign Companies Should Expect

Private Company Compliance

  • Annual filings with OCR
  • Tax filings and audits
  • Basic corporate governance

Public Company Compliance

  • Enhanced disclosures
  • Board committees
  • Public reporting obligations

For most foreign investors, the private company structure significantly reduces compliance friction.

Taxation Differences (Private vs Public Company)

From a tax perspective, both structures are taxed similarly under Nepal’s Income Tax Act. However, public companies may face:

  • Additional reporting requirements
  • Investor disclosure obligations

The corporate tax rate is sector-dependent, not structure-dependent.

Common Mistakes Foreign Companies Make

Avoid these frequent pitfalls:

  • Choosing a public company “for credibility”
  • Over-capitalizing at incorporation
  • Ignoring foreign investment approval sequencing
  • Misunderstanding share transfer restrictions

A properly structured private company avoids most of these issues.

Which Structure Is Right for You?

Choose a private company in Nepal if you want:

  • Speed to market
  • Full ownership control
  • Lower compliance costs

Consider a public company in Nepal only if:

  • Public fundraising is imminent
  • Scale requires broad ownership

Conclusion: Private vs Public Company in Nepal 

For foreign companies, the private vs public company in Nepal decision is clear in most cases. A private company offers the optimal balance of control, compliance efficiency, and scalability at entry. Public companies serve a specific purpose but are rarely suitable for first-time market entry.

Getting this decision right at incorporation saves time, money, and regulatory friction later.

Frequently Asked Questions 

1. Can a foreigner fully own a private company in Nepal?

Yes. Most sectors allow 100% foreign ownership, subject to FDI approval and sectoral rules.

2. Is a public company mandatory for large investments?

No. Large investments can still operate as private companies unless public fundraising is planned.

3. How long does company registration take in Nepal?

Private company registration typically takes 2–4 weeks if documents are complete.

4. Can a private company convert into a public company later?

Yes. Conversion is legally permitted with regulatory approvals.

5. Which company type is best for Nepal market entry?

For most foreign companies, a private company is the preferred and most efficient structure.