No.	Procedure	Time to Complete	Associated Costs
1	Verify the uniqueness of the proposed company name To check whether the proposed company name is available and acceptable, the company must submit an application to the Office of the Registrar of Companies.	1 day	NPR 5
2	A professional verifies and certifies the memorandum and articles of association	5 days	NPR 10,000 depending on the professional’s charges
3	Buy a stamp to be attached to registration form	1 day	NPR 5
4	File documents with the Company Registrar’s Office, Department of Industry To register a company, the promoter must submit an application as prescribed by the Ministry of Industry, Commerce, and Supplies. The registration fee is based on the company’s authorized capital: - Up to NPR 100,000 (authorized capital): NPR 1,000. - NPR 100,001 to NPR 500,000: NPR 4,500. - NPR 500,001 to NPR 2,500,000: NPR 9,500. - NPR 2,500,001 to NPR 10,000,000: NPR 16,000. - NPR 10,000,001 to NPR 20,000,000: NPR 19,000. - NPR 20,000,001 to NPR 30,000,000: NPR 22,000. - NPR 30,000,001 to NPR 40,000,000: NPR 25,000. - NPR 40,000,001 to NPR 50,000,000: NPR 28,000. - NPR 50,000,001 to NPR 60,000,000: NPR 31,000. - NPR 60,000,001 to NPR 70,000,000: NPR 34,000. - NPR 70,000,001 to NPR 80,000,000: NPR 37,000. - NPR 80,000,001 to NPR 90,000,000: NPR 40,000. - NPR 90,000,001 to NPR 100,000,000: NPR 43,000. - More than NPR 100,000,000: NPR 43,000 plus NPR 30 for each additional NPR 100,000.	15 days	NPR 4,500
5	Make a company seal/rubber stamp	3 days	NPR 1,000
6	Register with the Inland Revenue Office, the Ministry of Finance The company must disclose the office address and withhold 15% tax of the rent for at least 3 months and deposit it to the tax office. If the company’s objectives include goods or services subject to VAT, both registrations (VAT and income tax) should be obtained simultaneously.	5 days	no charge
7	Enroll the employees in the Provident Fund From the basic salary of each employee, 10 percent is deducted each month, and a matching contribution is made by employer. The contribution is made to the provident fund and released on employee retirement. The employer also has to pay gratuity on retirement of an employee at the rate prescribed by labor regulation. Both of these rules are applicable only if the company appoints 10 or more employees.	1 day	no charge

Starting a Business in Nepal

Listed below is a detailed summary of the bureaucratic and legal hurdles an entrepreneur must overcome in order to incorporate and register a new firm, along with their associated time and set-up costs. It examines the procedures, time and cost involved in launching a commercial or industrial firm with up to 50 employees and start-up capital of 10 times the economy's per-capita gross national income (GNI).

The information appearing on this page was collected as part of the Doing Business project, which measures and compares regulations relevant to the life cycle of a small- to medium-sized domestic business in 183 economies. The most recent round of data collection for the project was completed in June 2010.

• Standardized Company

• Legal Form: Private Limited Liability Company
• City: Kathmandu

About This Topic

To see indicator data for all economies, see the Starting a Business page. To see how economies rank, see the www.pranabbhandari.blogspot.com

Starting Business In NEPAL

Starting a Business in. Nepal. Listed below is a detailed summary of the bureaucratic and legal hurdles an entrepreneur must overcome in order

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