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Private Limited Company Incorporation in Nepal: What You Need to Know

Written by Vijay Shrestha | Dec 19, 2025 5:28:52 AM

Company incorporation Nepal is becoming a strategic move for foreign companies looking to access South Asia’s emerging markets, skilled workforce, and cost-efficient operations. Nepal offers a clear legal framework, investment protection laws, and full foreign ownership in many sectors.

This guide explains private limited company incorporation in Nepal in a clear, practical way. It is written specifically for foreign companies and investors. You will learn the process, documents, timelines, costs, and compliance requirements. You will also understand when incorporation makes sense versus other entry models like liaison offices or EOR.

Why Foreign Companies Choose Company Incorporation in Nepal

Nepal is no longer just a low-cost destination. It is a structured investment jurisdiction backed by law.

Key drivers include:

  • Strategic location between India and China

  • Competitive labour and operating costs

  • English-speaking professional workforce

  • Liberal FDI policies under FITTA 2019

  • Guaranteed profit and capital repatriation

Foreign investors can incorporate a private limited company in Nepal with up to 100% foreign ownership, subject to sector approval.

What Is a Private Limited Company in Nepal?

A private limited company is the most common vehicle for foreign direct investment.

Core legal characteristics

  • Separate legal entity

  • Limited liability of shareholders

  • Minimum 1 shareholder, maximum 101

  • Minimum 1 director

  • Shares are not publicly traded

Under the Companies Act 2006, a private limited company can conduct full commercial operations in Nepal.

Company Incorporation Nepal: Legal Framework You Must Know

Foreign company incorporation in Nepal is governed by several key laws.

Primary legislation

  • Companies Act 2006

  • Foreign Investment and Technology Transfer Act (FITTA) 2019

  • Industrial Enterprises Act 2020

  • Income Tax Act 2002

  • Labour Act 2017

  • Social Security Act 2018

These laws collectively define investor rights, approval procedures, tax obligations, and employment compliance.

Who Can Incorporate a Company in Nepal?

Foreign investors can be:

  • Foreign individuals

  • Foreign companies

  • Joint ventures with Nepali partners

Most service sectors allow 100% foreign ownership. Restricted sectors include defence, real estate trading, and small retail businesses.

Step-by-Step Process for Company Incorporation in Nepal

Step 1: Name reservation

Apply to the Office of the Company Registrar (OCR) to reserve your company name.

Step 2: Prepare incorporation documents

Key documents include:

  • Memorandum of Association (MOA)

  • Articles of Association (AOA)

  • Shareholder and director details

  • Passport and corporate documents

Step 3: Company registration at OCR

Once approved, the OCR issues the Certificate of Incorporation.

Step 4: FDI approval

Apply to:

  • Department of Industry (DOI) or

  • Investment Board Nepal (IBN)

Approval depends on project size and sector.

Step 5: Capital injection

Foreign capital must be remitted through an approved banking channel.

Step 6: PAN, VAT, and local registrations

Register for:

  • Permanent Account Number (PAN)

  • VAT (if applicable)

  • Local ward office registration

Step 7: Labour and SSF registration

Mandatory for hiring employees in Nepal.

Documents Required for Company Incorporation Nepal

Foreign investors should prepare the following:

  • Passport copies of shareholders and directors

  • Parent company registration certificate

  • Board resolution approving Nepal investment

  • MOA and AOA

  • Power of Attorney

  • Bank reference letter

All foreign documents must be notarised and apostilled.

Timeline for Private Limited Company Incorporation in Nepal

Most foreign investors complete incorporation within 4–6 weeks.

Approximate timeline:

  • Name approval: 1–2 days

  • OCR registration: 3–5 days

  • FDI approval: 2–4 weeks

  • Tax and labour setup: 5–7 days

Delays usually arise from incomplete documents or sector-specific approvals.

Cost of Company Incorporation in Nepal

Costs vary based on capital size and sector.

Typical cost components

  • Government registration fees

  • FDI approval fees

  • Legal and consulting fees

  • Notarisation and translation costs

For most foreign companies, company incorporation Nepal costs range from USD 2,000 to USD 5,000, excluding capital investment.

Company Incorporation Nepal vs Other Market Entry Options

Entry Model Suitable For Key Limitation
Private Limited Company Long-term operations Higher compliance
Branch Office Contract execution Limited activities
Liaison Office Market research No revenue allowed
Employer of Record (EOR) Quick hiring No legal entity

This comparison helps investors choose the right structure before committing capital.

Taxation After Company Incorporation in Nepal

Corporate tax

  • Standard corporate tax: 25%

  • Special industries may receive incentives

Withholding taxes

  • Dividends: 5%

  • Service fees: varies by nature

VAT

  • Standard VAT rate: 13%

Nepal has double taxation avoidance agreements (DTAAs) with several countries.

Employment and HR Compliance After Incorporation

Foreign-owned companies must comply with Nepali labour laws.

Key obligations:

  • Written employment contracts

  • Minimum wages and leave entitlements

  • Social Security Fund contributions

  • Payroll tax deductions

Non-compliance can lead to fines and operational restrictions.

Profit Repatriation and Investor Protection

Nepal guarantees:

  • Repatriation of profits

  • Repatriation of dividends

  • Repatriation of invested capital

These rights are protected under FITTA 2019 and regulated by Nepal Rastra Bank.

Common Mistakes Foreign Investors Make

Avoid these errors:

  • Choosing the wrong entry structure

  • Underestimating compliance requirements

  • Delaying SSF and labour registration

  • Using informal nominee arrangements

Professional guidance reduces regulatory risk significantly.

When Should You Incorporate a Company in Nepal?

Incorporation makes sense if you:

  • Plan long-term operations

  • Need local contracts and invoicing

  • Want to hire employees directly

  • Require full operational control

For short-term testing, EOR or liaison offices may be better.

Frequently Asked Questions: Company Incorporation Nepal

1. Can a foreigner own 100% of a company in Nepal?

Yes. Most sectors allow full foreign ownership under FITTA 2019, subject to approval.

2. What is the minimum capital for company incorporation in Nepal?

There is no fixed minimum. Capital depends on sector and project scope.

3. How long does company incorporation in Nepal take?

Typically 4–6 weeks, including FDI approval and tax registration.

4. Is profit repatriation allowed from Nepal?

Yes. Profits, dividends, and capital can be repatriated under NRB rules.

5. Do I need a local director to incorporate in Nepal?

No. Foreign nationals can act as directors without local shareholding.

Conclusion: Is Company Incorporation Nepal Right for You?

Company incorporation Nepal offers foreign companies legal certainty, ownership control, and long-term growth potential. A private limited company is the most robust structure for serious investors.

With the right legal, tax, and compliance support, Nepal can be a highly efficient base for regional operations.

Call to Action

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