Insights

The Essential Steps to Registering a Company in Nepal

Written by Vijay Shrestha | Jan 29, 2026 7:55:41 AM

Choosing between a private vs public company in Nepal is one of the first strategic decisions foreign companies must make. The structure you select affects ownership, taxation, compliance, capital raising, and long-term scalability. Nepal welcomes foreign investment, but its corporate framework follows specific legal and procedural rules. Understanding those rules upfront saves time, cost, and regulatory friction later.

This guide is written for foreign founders, CFOs, and expansion leaders. It explains how private and public companies differ in Nepal and walks you through the essential steps to register a company confidently.

Why company structure matters for foreign investors in Nepal

In Nepal, company type is not a formality. It directly impacts how regulators, banks, tax authorities, and even employees engage with your business.

Your decision influences:

  • Shareholding flexibility and foreign ownership
  • Capital requirements and fund-raising options
  • Ongoing compliance and disclosure obligations
  • Exit options and future restructuring

For most foreign companies entering Nepal for back-office, IT, outsourcing, or regional support, the choice comes down to private vs public company in Nepal, with private companies dominating FDI registrations.

Understanding company types under Nepalese law

Nepal’s corporate framework is governed primarily by the Companies Act, 2063 (2006). The Act recognizes several entities, but foreign investors usually evaluate only two.

Private company in Nepal

A private company is the most common entry vehicle for foreign businesses.

Key characteristics:

  • 1 to 101 shareholders
  • Shares are not publicly traded
  • Restriction on share transfer
  • Can be wholly foreign-owned (subject to sector rules)

Private companies are ideal for subsidiaries, captive back-offices, and controlled operating entities.

Public company in Nepal

A public company is designed for large-scale capital mobilization.

Key characteristics:

  • Minimum 7 shareholders
  • Can issue shares to the public
  • Higher paid-up capital thresholds
  • Mandatory regulatory disclosures

Public companies are uncommon for first-time foreign entrants unless listing or public fundraising is a core objective.

Private vs public company in Nepal: a strategic comparison

The table below highlights practical differences that matter to foreign investors.

Criteria Private Company Public Company
Minimum shareholders 1 7
Maximum shareholders 101 Unlimited
Public share issuance Not allowed Allowed
Compliance burden Moderate High
Suitable for FDI Yes  
     

Insight: Over 90% of foreign-invested companies in Nepal register as private companies due to speed, control, and lower compliance exposure.

Step-by-step guide to company registration in Nepal

Regardless of whether you choose a private or public company, the registration journey follows a structured process.

1. Decide the right company structure

Start by aligning your Nepal strategy with your global objectives.

Ask yourself:

  • Do you need public fundraising in Nepal?
  • Will the Nepal entity generate revenue locally?
  • Is this a cost center or operating subsidiary?

For most foreign companies, a private company limited by shares is the optimal answer.

2. Name reservation with the regulator

Company registration begins with name approval from the Office of Company Registrar (OCR).

Rules to note:

  • Name must be unique
  • No misleading or restricted words
  • Industry alignment matters

Name approval is typically granted within one to three working days.

3. Draft constitutional documents

You must prepare two core documents:

  • Memorandum of Association (MOA)
  • Articles of Association (AOA)

These define:

  • Company objectives
  • Shareholding structure
  • Director powers and governance

For foreign companies, objectives must align with approved FDI activities.

4. Foreign investment approval (for foreign shareholders)

If foreign ownership is involved, approval under the Foreign Investment and Technology Transfer Act (FITTA), 2019 is mandatory.

Approval is sought through:

  • Department of Industry or
  • Investment Board Nepal (for large projects)

This step differentiates domestic and foreign registrations.

5. Company incorporation at OCR

Once approvals and documents are ready, incorporation is filed at OCR.

You receive:

  • Certificate of Incorporation
  • Company registration number

At this point, the company legally exists in Nepal.

6. Tax and statutory registrations

After incorporation, the company must complete statutory activations.

This includes:

  • Permanent Account Number (PAN)
  • VAT registration (if applicable)
  • Social Security Fund (SSF) enrollment

These registrations are essential before hiring or invoicing.

7. Bank account and capital injection

Foreign-owned companies must:

  • Open a Nepal bank account
  • Inject capital through approved foreign currency channels

Capital inflow must be reported and certified.

8. Post-registration compliance setup

Ongoing compliance is where many foreign companies struggle.

You must plan for:

  • Annual returns
  • Financial audits
  • Board resolutions
  • Tax filings

Private companies enjoy simpler reporting than public companies.

Private vs public company in Nepal: tax considerations

Tax treatment is similar for both structures, but compliance differs.

Corporate income tax

  • Standard corporate tax: 25%
  • Certain sectors may have incentives

Tax applies to profits generated in Nepal.

Dividend distribution tax

  • Dividends are subject to withholding tax
  • Repatriation must follow central bank rules

Public companies face more disclosure scrutiny around distributions.

Compliance burden: what foreign companies underestimate

Choosing the wrong structure increases hidden costs.

Public companies must:

  • Publish audited financials
  • Hold statutory public meetings
  • Comply with securities regulations

Private companies benefit from:

  • Fewer disclosures
  • Faster decision-making
  • Lower professional fees

This is why private entities dominate FDI structures.

When does a public company make sense in Nepal?

A public company may be justified if:

  1. You plan to list shares in Nepal.
  2. You require local public capital.
  3. You operate in regulated infrastructure sectors.

For most foreign service or technology companies, these conditions do not apply.

Common mistakes foreign investors make

Foreign companies often face delays due to avoidable errors.

Typical pitfalls include:

  • Overly broad business objectives
  • Incorrect capitalization planning
  • Ignoring sector-specific restrictions
  • Underestimating compliance timelines

Early advisory support prevents these issues.

Choosing the right structure: expert guidance matters

The decision between private vs public company in Nepal is not just legal. It is strategic. It affects taxation, risk exposure, and operational flexibility.

A properly structured private company allows foreign investors to:

  • Enter Nepal quickly
  • Retain full control
  • Scale without regulatory drag

Conclusion

For foreign investors, the private vs public company in Nepal decision sets the foundation for long-term success. While public companies offer capital access, private companies deliver speed, control, and compliance efficiency.

Most foreign companies entering Nepal choose private company registration for good reason. With the right planning and expert guidance, Nepal can be a compliant, cost-effective, and scalable destination for your regional operations.

Frequently Asked Questions

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

Yes. Private companies offer lower compliance, faster setup, and full foreign ownership in most sectors.

Can a foreigner own 100% of a Nepal company?

Yes, subject to sector eligibility and foreign investment approval.

How long does company registration take in Nepal?

Typically two to four weeks, including foreign investment approvals.

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

There is no fixed minimum, but capital must align with business objectives.

Can a private company later become public in Nepal?

Yes. Conversion is allowed but requires regulatory approvals.